
Martinez, California 94553
This 1-Bedroom Condominium represents a High-Potential Investment Opportunity, listed at $349,000—positioned well above the $299,690 Fair Market Value. While the property carries a premium, it offers a Good Condition Rating with recent capital improvements, including a new roof, new water heater, and a 3-year-old furnace. Located in a walkable Martinez neighborhood near top-rated schools like John Swett Elementary, this unit provides a stable, low-maintenance lifestyle. It is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a move-in ready, commuter-friendly residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 765 Center Ave Subject | $339,000* List Price | 1 | 1 | 680 | $436 | - |
A 430 Mill Rd Sold | $384,000 | 2 | 2 | 923 | $416 | 0.5 mi |
B 775 Center Ave Active | $340,000 List Price | 1 | 1 | 680 | $500 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1981, the property is well-maintained and move-in ready with significant recent system updates, including a 3-year-old furnace, a new water heater, and a new roof for the complex. The kitchen is functional but dated with older cabinetry and tile countertops, while the bathroom shows partial updates with a newer stone vanity. The inclusion of a smart thermostat and stainless steel refrigerator further supports a 'Good' rating despite the age of the structure.
Centrally located in Martinez, this property offers a highly walkable lifestyle with immediate access to shopping, dining, and entertainment, plus convenient proximity to Highways 4 and 680.
The unit features a new water heater and a three-year-old furnace, while the complex itself has a brand-new roof, providing buyers with significant peace of mind regarding near-term maintenance.
With a competitive list price and the availability of a 3% down payment program with no PMI, this condo represents an excellent entry point for first-time buyers or investors.
The monthly HOA fee of $647 is relatively high for a one-bedroom unit, which may impact the overall monthly affordability and debt-to-income ratios for some buyers.
At 680 square feet, the compact one-bedroom layout offers limited living and storage space, which may restrict the property's appeal to individuals or couples only.
ASK ABOUT 3% DOWN W/NO PMI! Welcome home to this well-maintained condo in a clean and quiet community in the heart of Martinez. Ideally situated for convenience, this property offers easy access to everyday essentials while providing a peaceful residential setting. Enjoy being just a short walk to nearby shopping, coffee shops, restaurants, and movie theaters, making it easy to embrace a connected and walkable lifestyle. Commuters will appreciate the direct access to Highways 4 and 680. Inside, it's been thoughtfully cared for and includes a new water heater & 3 yr old furnace, adding comfort and peace of mind. In-unit washer/dryer included! Complex also has new roof! Whether you're a first-time buyer, downsizing, or looking for an investment opportunity, this property offers a great combination of location, convenience, and value in desirable Martinez!
No exterior & parking available.
Grades K-5 • 0.8 mi
Grades 6-8 • 2.0 mi
Grades 9-12 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 3.0 |
| Baths | 1.0 | 3.0 |
| Square foot | 680 | 1,382 |
| Lot Size | 722 | - |
| Price | $339.0K | $436.1K |
| Price per sq ft | $499 | $403 |
| Built year | 1981 | 1990 |
| HOA | $647.0 | $481 |
| Days on market | 27 | 60 |
Jul 10, 2026
$339,000
$349,000
-3% Price Drop
Initial Listing
Jun 25, 2026
$349,000
Initial Listing
Dec 15, 2023
$355,000
Public Record
May 16, 2017
$280,000
Public Record
May 20, 2003
$200,000
Public Record
Dec 27, 1996
$73,000
Public Record