871 Merle Ave, Martinez, California 94553, Martinez, 94553 - 3 bed, 2 bath
871 Merle Ave
Martinez, California 94553
Property Price
SUMMARY
Analysis of 871 Merle Ave, Martinez, California 94553 reveals a Prime Investment Opportunity with a current list price of $619,000—significantly undercutting the $639,000 Fair Market Value by 3%. This valuation gap indicates a +$20,000 Instant Equity potential for buyers. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Martinez Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 871 Merle Ave Subject | $619,000* List Price | 3 | 2 | 1,332 | $480 | - |
A 826 Veale Sold | $586,000 | 3 | 3 | 1,606 | $365 | 0.2 mi |
B 2490 Birch St Sold | $637,500 | 2 | 2 | 1,215 | $525 | 0.2 mi |
C 521 C St Sold | $706,000 | 2 | 1 | 1,421 | $497 | 0.7 mi |
D 1331 Court Street Sold | $703,215 | 3 | 1 | 1,434 | $490 | 0.9 mi |
E 3014 Pacheco Blvd Sold | $547,000 | 3 | 2 | 940 | $582 | 0.5 mi |
F 500 Wano St Pending | $556,750 List Price | 2 | 1 | 1,222 | $456 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is move-in ready and well-maintained, featuring several recent updates such as fresh interior paint, a new garage door, and newer stainless steel kitchen appliances. While the 1973 build is evident in some dated finishes like the colorful linoleum flooring in the downstairs bathroom and older cabinetry styles, the home shows minimal wear and tear, has functional systems, and includes modern touches like laminate flooring and updated toilets.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location & Schools
The property is ideally situated near downtown Martinez, the marina, and major transit, and it benefits from being zoned for the highly-rated Morello Park Elementary School.
- Move-In Ready Condition
Recent updates including fresh interior paint, a new garage door, and newer stainless steel kitchen appliances make this home ready for immediate occupancy.
- Versatile Layout
The floor plan offers great flexibility with a dedicated upstairs family room featuring architectural details, perfect for a home office or secondary relaxation space.
CONSRISKS & DEFICIENCIES
- Dated Interior Finishes
Certain elements, such as the colorful linoleum flooring in the downstairs bathroom, may feel dated to modern buyers and could require future cosmetic updates.
- Compact Lot Size
With a 4,000-square-foot lot, the outdoor space is relatively small, which might limit options for buyers desiring a large backyard or extensive landscaping.
About 871 Merle Ave
Cute home in a nice spot, with beautiful Redwood trees & low maintenance succulents in the front. Step inside to enjoy fresh interior paint, & light filled living & dining rooms featuring large windows & a spacious breakfast bar. Perfect for everyday living & entertaining. The main level offers 2 downstairs bedrooms & 1 bathroom. The kitchen is well equipped with a newer stainless steel refrigerator, ample cabinetry, double sink ,newer electric oven/stovetop, plus convenient access to the side yard. Hallway laundry closet includes a washer, dryer & shelving. The downstairs bathroom features a colorful linoleum floor, shower over tub, vanity w/storage & a medicine cabinet. Upstairs enjoy a roomy & bright family room w/attractive architecture details, & a ceiling fan. An ideal space to relax/work. The upstairs bedroom includes laminate flooring, accent wall, organized closet, & ceiling fan. The bathroom offers tile flooring, shower over the tub & a newer toilet. 2 car garage includes work benches, shelving & pegboards, a large driveway, and new garage door, Quaint backyard w/a private-feeling. close to downtown, the marina, shopping, train, parks, schools, easy freeway access. Highly rated Morello Park Elementary School
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1973
- Lot Size
- 4,000 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Martinez Unified Schools
John Muir Elementary School
Grades K-5 • 0.5 mi
Morello Park Elementary School
Grades K-5 • 1.1 mi
Las Juntas Elementary School
Grades K-5 • 1.3 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,332 | 1,702 | 21% |
| Lot Size | 4,000 | 6,856 | 10% |
| Price | $619.0K | $829.5K | 18% |
| Price per sq ft | $465 | $482 | 41% |
| Built year | 1973 | 1966 | 59% |
| HOA | $0 | $0 | 50% |
| Days on market | 35 | 164 | 3% |
Pricing History
Listed for Sale
Mar 3, 2026
$619,000
$639,000
-3% Price Drop
Initial Listing
Price Change
Jan 31, 2026
$639,000
Initial Listing