
Martinez, California 94553
This Modern 2023 Construction is a High-Potential Investment Opportunity, listed at $1,399,000—positioned well below the $1,461,196 Fair Market Value by 4%. This valuation gap offers $62,196 in Instant Equity. With an Excellent Condition Rating, this gated compound features a 727 sqft ADU, EV charger wiring, and dual-zone HVAC. Its versatile layout supports multi-generational living or three separate rental streams. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-utility, income-generating asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 64 Morello Ave Subject | $1,399,000* List Price | 5 | 4 | 3,714 | $393 | - |
A 121 St Nazaire Ct Sold | $1,250,000 | 5 | 3 | 2,882 | $434 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2023, this property is in mint condition and meets all 'Excellent' criteria. It features a modern kitchen with solid surface counters, contemporary bathrooms with a soaking tub and stall shower, and high-end systems including dual-zone HVAC, a tankless water heater, and EV charger wiring.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 17424, living area = 3714.
The property offers exceptional versatility with a main residence, a ground-level flex space with a separate entrance, and a detached 727 sqft ADU, providing potential for three separate rental streams or multi-generational living.
Built in 2023, this home features contemporary finishes, energy-efficient systems including a tankless water heater and EV charging, and high-end kitchen amenities that eliminate the need for immediate renovations.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3714, other record living area = 2987.
Located on Morello Ave, the property may be subject to higher traffic volume and noise levels compared to homes located on quieter residential cul-de-sacs.
The presence of multiple living units, extensive hardscaping, and a large lot requires more significant ongoing maintenance and management effort than a traditional single-family residence.
Stunning, spacious home built by DeNova in 2023 on .4 acres! This is a rare opportunity to own a newer home on a large lot that's right in town. Pull into this gated compound from a long driveway with an automatic metal gate. Once you enter, you'll feel secluded from the outside world. On the main level of the home, find vinyl plank flooring, recessed lighting, guest bath, and an expansive great room. The kitchen boasts a generous island, solid surface counters, tile backsplash, gas stove, large pantry, and plenty of cabinetry for the chef. A ground level primary suite offers an expansive bathroom featuring dual sink vanity, stall shower and soaking tub plus plenty of storage with a cavernous walk-in closet. Bring your imagination for the ground level flex space (potential junior ADU) with separate entrance, full bathroom, bedroom, plus bonus room. Upstairs, find 3 bedrooms, loft area, plus a full bathroom with dual sink vanity and shower over tub. In the sprawling back yard, enjoy two large concrete patios, drought tolerant landscaping, and pergola great for entertaining. The attached two-car garage features epoxy floors, tankless water heater, and EV charger wiring. A detached structure offers a 727 square foot ADU above a massive garage- ideal for car enthusiasts, hobbyists, or anyone needing serious storage and parking flexibility. The nicely appointed ADU with laundry and bedroom offers great flexibility: additional income, a home office, or multi-generational living! This could also serve as a great income property with the potential to rent 3 spaces separately. Additional features include: Paved RV/boat parking with metal cover, dual zone HVAC, tile roof, spacious laundry room, fenced dog run, new carpet throughout, and roller window shades. Conveniently located near restaurants, shopping, Martinez schools, and HWY 4/680 for an easy commute. This amazing city offers a fun downtown area, beautiful waterfront park/marina, along with numerous hiking and biking trails throughout the hills.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.6 |
| Baths | 4.0 | 2.0 |
| Square foot | 3,714 | 1,901.955 |
| Lot Size | 17,424 | 6,607.045 |
| Price | $1.40M | $881.7K |
| Price per sq ft | $377 | $503 |
| Built year | 2023 | 1968 |
| HOA | $0 | $142 |
| Days on market | 27 | 41 |
Aug 13, 2026
$1,399,000
Initial Listing
Jun 30, 2023
$1,295,000
Public Record