Sold
Last Sold Price
36,000 sqft
321 Reservation Rd, Marina, CA 93933
Multi Family 5+Property Type
0.00 acresLot Size
$44/sq ftPrice per sq ft

Description

Units. Willing to carry second or cooperate in exchange. Close to shopping. High occupancy rateUnits. Willing to carry second or cooperate in exchange. Close to shopping. High occupancy rate
  • Listed by: THOMAS CLEMENTS THOMAS CLEMENTS DRE #00657272 • CLEMENTS PROPERTIES (408) 255-1651
Listing closed: 08/11/1998 12:00 AM • Source: MLSListings, MLS#: ML89807283

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Recent comparable sales

Median sold price

$1,585,000

Avg days on market

55

Sale-to-list ratio

80.0%

Marina, CA

9 comparable properties found

a car parked in front of house
1/8
1

$1,300,000

Sold 11/18/25

Unavailable
Bedrooms
Unavailable
Bathrooms
6,088
Square Feet
0.66
Acres
an aerial view of residential building with parking
1/8
2

$3,920,000

Sold 03/23/26

Unavailable
Bedrooms
Unavailable
Bathrooms
12,240
Square Feet
0.68
Acres
an empty room with wooden floor and windows
1/13
3

$1,884,000

Sold 03/13/25

Unavailable
Bedrooms
Unavailable
Bathrooms
5,075
Square Feet
0.57
Acres
a house view with swimming pool and yard
1/2
4

$1,665,000

Sold 09/11/25

Unavailable
Bedrooms
Unavailable
Bathrooms
4,349
Square Feet
0.68
Acres
$1,585,000 | 3047 Zanetta Drive, Marina, CA 93933
1/52
5

$1,585,000

Sold 05/20/26

Unavailable
Bedrooms
Unavailable
Bathrooms
3,465
Square Feet
0.17
Acres
a view of a house with a yard and potted plants
1/12
6

$420,000

Sold 04/09/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.14
Acres
a view of a house with a patio
1/2
7

$160,000

Sold 04/21/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.35
Acres
8

$2,850,000

Sold 06/17/25

Unavailable
Bedrooms
Unavailable
Bathrooms
2,556
Square Feet
Unavailable
Acres
9

$845,000

Sold 11/15/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.58
Acres

Location

Listing Courtesy of CLEMENTS PROPERTIES, THOMAS CLEMENTS THOMAS CLEMENTS, DRE #00657272

Sold By Clements Properties, THOMAS CLEMENTS THOMAS CLEMENTS, DRE #00657272

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Property Information for 321 Reservation Road

Property Details
  • Taxes: $13,899 / year
  • MLS Type: 5+ Units / Five or More Units
  • Building Type: Other
  • Complex Name: DRIFTWOOD APTS
  • Garage Spaces: 0
  • View: Local/Neighborhood
  • Cross Street: CRESENT
Building Information
  • Lot Size: 0.00 AC / 1 SF
Features
Room Information
  • Kitchen: Garbage Disposal, Varies by Unit, Oven Range, Refrigerator
Features
  • Energy Features: Insulated Water Heater, Low Flow Shower, Weather Stripped Door(s), Insulation - Unknown
  • Fireplace: No
  • Flooring: Carpet - Wall to Wall, Vinyl / Linoleum, Carpet
  • Laundry: Washer/Dryer - Leased Coin-Op, Community Facility
  • Living SqFt: 36000
  • Pool: No
  • Security Features: Fire Alarm
Utilities
  • Cooling: None
  • Heating: Baseboard, Electric
  • Meters: Separate Electric, Master Water
  • Sewer Septic: Sewer in Street, Sewer Connected
  • Water: Public
Garage
  • Garage and Parking: Carport, Spaces per Unit - 1
Property Details
Homeowners Association
  • HOA Amenities: None
  • HOA Fee: $0
Property Details
  • Building Name: DRIFTWOOD APTS
  • Max Num Of Units in Complex: 30
  • Min Num Of Units in Complex: 27
  • Area Text: Middle Marina
  • Roof: Composition
  • Stories: 0.0
  • Subclass: Five or More Units
  • Total Property Tax: $13,899
  • Street Number: 321
  • Street Name: RESERVATION
  • Street Suffix: Road
  • Area ID: 87
Lot / Property Details
Building Information
  • Number of Buildings: 2
  • Structure SqFt: 36000
  • Structure SqFt Source: Agent
  • Age: 25
Development Information
  • Zoning Detail: R4
Location Information
  • Map Book: Thomas Bros
  • Parcel Number: 032-101-077
  • County Name: Monterey
  • City Name: MARINA
  • City Postal ID: 32
  • Postal Code: 93933
  • Elementary School: 0
  • Elementary School District: 438
  • High School District Text: Monterey Peninsula Unified
Lot Information
  • Foundation: Concrete Slab
  • Lot Size Area Maximum Units: Acres
  • Lot Size Area Minimum Units: Acres
Multi Family Information
Bedroom Information
  • No Of 2 Bed 1 Plus Bath Units: 4
  • No Of 3 Bed 1 Plus Bath Units: 2
  • No Of 1 Bed 1 Bath Units: 18
  • No Of 2 Bed 1 Bath Units: 6
General Information
  • Unit Types in Building: 1 Bedroom Unit(s), 2 Bedroom Unit(s), 3 Bedroom Unit(s), Manager's Unit
  • Annual Tax Amount: $13,899
  • Capitalization Rate: 8.02
  • Owner Pays: Garbage, Services - Gardener/Landscaping, Water
  • Tenant Expenses: Utilities - Electric
  • Income Includes: Laundry, Lease
  • Vacancy Amount: $6,271
  • Vacancy Factor: 3
Unit Size Detail
  • Max Size 1Bed 1Bath: 534
  • Max Size 2Bed 1Bath: 826
  • Max Size 2Bed 1PlusBathUnits: 1011
  • Max Size 3Bed 1Plus Bath: 1067
  • Min Size 1Bed 1Bath: 534
  • Min Size 2Bed 1Bath: 826
  • Min Size 2Bed1PlusBathUnits: 1011
  • Min Size 3Bed 1PlusBath: 1067
Income / Expense Details
  • Expense Insurance: $10,611
  • Expense Landscape: $0
  • Expense Maintenance: $23,240
  • Expense Management: $14,340
  • Expense Trash: $3,900
  • Expense Water Sewer: $3,240
  • Expenses Other: $3,500
  • Expenses Utility: $2,160
  • Expenses Total: $74,890
  • Operating Expenses Include: Services - Trash Removal, Services - Gardener, Utilities - Water, Insurance, Services - On-Site Manager, Fee - Property Tax, Services - Sewer, Utilities - Electric
  • Gross Rent Multiplier: 7.63
  • Income Annual Gross: $202,769
  • Income Annual Rental: $207,840
  • Income Gross Scheduled: $209,040
  • Income Laundry: $1,200
  • Income Other: $0
  • Income Rent Annual: $207,840
Unit 1 Information
  • Unit 1 Rent: $0
Unit 2 Information
  • Unit 2 Rent: $0
Unit 3 Information
  • Unit 3 Rent: $0
Unit 4 Information
  • Unit 4 Rent: $0
Listing Info
Rental Info
  • Lease Type: Net

Property History for 321 Reservation Road

DateEvent & SourcePriceAppreciation
Aug 11, 1998

Sold

EBRD #ML89807283

—
Aug 11, 1998

Sold

MLSListings #ML89807283

—
Aug 11, 1998

Sold

RESFAR #89807283

—
DateEvent & SourcePrice
08/11/1998

Sold

EBRD #ML89807283

—
08/11/1998

Sold

MLSListings #ML89807283

—
08/11/1998

Sold

RESFAR #89807283

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 321 Reservation Road

Taxable ValueLand$1,656,120Additions$5,520,403Total$7,176,523
Tax Record2025$81,413 ($6,784 / month)
Home Facts
Baths3Total Finished SqFt28,891 SqFtAbove Grade Finished SqFt28,891 SqFtStories2Lot Size35,310 SqFtStyleMulti-Family Res (5+ Units)Year Built1974Year Renovated1985CountyMONTEREYAPN032-101-077-000

Schools near 321 Reservation Road

This home is within Monterey Peninsula Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Charter - 7 to 12
Rating
School
Distance
Ione Olson Elementary School
PublicK to 6

Los Arboles Middle School
Public7 to 8

Marina High School
Public9 to 12

Learning For Life Charter School
Charter7 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 321 Reservation Road, Marina, CA 93933
–
–
–
36,000
1
–
–
–
7,858
14,758
$2,477,000
–
1.5
9,697
–
$360,000
–
–
30,212
–
–
–
1.5
2,400
–
–
3
2
1,526
7,268

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of CLEMENTS PROPERTIES, THOMAS CLEMENTS THOMAS CLEMENTS, DRE #00657272

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.