A Great Investment Opportunity in Martinez, CA
Property Details
A classic single-family house featuring 2 bedrooms (convertible to 3), 2 bathrooms, and 1,153 sqft of living space on a 8,973 sqft lot with an attached 2-car garage.
• Roof: Old
• Furnace: Good
• AC: Good
• Plumbing: Good
• Electrical Panel: Good
• Water Heater: Good
The property will be delivered vacant at closing.
Investment Highlights
• Easy conversion to 3 bedrooms - restore existing partition and closet for immediate value add
• Hot market with 63% sales success rate and average 19 interested buyers per deal
• Large 8,973 sqft lot (0.205 acres) in a low-crime area
• Walking distance to top-rated Morello Park Elementary School (9/10 rating)
• Strong comparable sales ranging $810K-$915K for updated properties
• Close to downtown Martinez, shopping, restaurants, BART, and freeways
• Inspection completed - major systems in good condition
• Historical average profit of $58,408 per closed deal in this zip code
Financial Summary
• ARV (After Repair Value): $800,000 - $850,000
A Wonderful Wholesale Opportunity!