5500 Pacheco Blvd, Pacheco, California 94553, Pacheco, - bed, bath
ACTIVE$1,050,000
5500 Pacheco Blvd, Pacheco, California 94553
0Bed
0Bath
Sqft
25,265Lot
Year Built
1938
Close
-
List price
$1.05M
Original List price
$1.05M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
41107879
Home ConditionFair
Features
View-
About this home
4-Plex Property, Over Half Acre With Excellent Income Potential. ONE 3BR/1BTH, ONE 2BR/1BTH, TWO 1BR/1BTH Units, ONE Out-Building & Shed. Front Building, 5500 Pacheco Blvd has 1 Unit up, Middle Building 5508 Pacheco Blvd has 3 Units. All Units have Heat & A/C, Washer/Dryer, Stove and Frig. Lots of parking. Quick access to HWY 4/HWY 680. Upsloping Lot. Nearby popular restaurants, The Veranda Shopping Center, Parks, Golf Course, DVC and Historic Downtown Martinez. Do Not Walk/Go On Property without a licensed Agent or Broker.
Price History
Date
Event
Price
08/12/25
Listing
$1,050,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (9 Listings) | |
|---|---|---|---|
| Beds | 0 | 0 | |
| Baths | 0 | 0 | |
| Square foot | 0 | 0 | |
| Lot Size | 25,265 | 6,533 | 90% |
| Price | $1.05M | $1.2M | 30% |
| Price per square foot | $0 | $0 | |
| Built year | 1938 | 9850986 | 20% |
| HOA | |||
| Days on market | 85 | 182 | 20% |
Condition Rating
Fair
Built in 1938, this property shows its age with a mix of very dated and partially updated elements across its units. While some kitchens and bathrooms have received minor updates (e.g., one shower with newer tile, one kitchen with white cabinets), others feature older fixtures, yellowish vanities, and dated wood-look laminate countertops and cabinets, suggesting renovations that are 15-30+ years old. The exterior also exhibits signs of deferred maintenance. The property is functional and livable, but its overall condition, style, and features are outdated and would require minor to moderate updates to meet contemporary standards.
Pros & Cons
Pros
Strong Income Potential: As a 4-plex property on over half an acre, it offers excellent income potential with a diverse unit mix (3BR, 2BR, two 1BR) appealing to a broad tenant base.
Generous Lot Size: The property sits on over half an acre (25,265 sq ft), providing significant space for outdoor amenities, ample parking, and potential for future development or expansion (subject to zoning).
Comprehensive Unit Amenities: All units are well-equipped with modern conveniences including Heat & A/C, Washer/Dryer, Stove, and Refrigerator, enhancing tenant comfort and reducing vacancy risk.
Excellent Commuter & Local Access: Offers quick access to major highways (HWY 4/HWY 680) and is conveniently located near popular restaurants, The Veranda Shopping Center, parks, golf courses, DVC, and Historic Downtown Martinez.
Ample Parking: The property boasts 'Lots of parking,' a crucial and highly desirable feature for a multi-unit residential property, accommodating tenants and visitors.
Cons
Property Age: Built in 1938, the property's age suggests potential for significant capital expenditures for ongoing maintenance, system updates (plumbing, electrical), and bringing units to modern aesthetic or efficiency standards.
Challenging Lot Topography: The 'upsloping lot' can present difficulties for landscaping, drainage management, accessibility, and may limit certain types of future expansion or development.
Lack of Defined Subdivision: Being in a 'Not Listed' subdivision might indicate a less established or identifiable neighborhood, which could potentially impact long-term appreciation or market perception compared to properties within recognized communities.