352 Williams Road

Sold 5/31/24
Sold 5/31/24
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Sold
Last Sold Price
$1,640,000
4,256 sqft$385/sqft
352 Williams Rd, Salinas, CA 93905
Multi Family 5+Property Type
0.36 acresLot Size
1961Year Built
$385/sq ftPrice per sq ft
7 carsParking Spaces

Description

This six-unit complex is in excellent condition. The units are all two-bedroom / one-bathroom apartments with private front or back yards. The current rent average is $1,691. Market rents are estimated at $2,300. The rents were increased in the fall of 2023. Three units have an attached garage with washer and dryer hookups. The complex features six two-bedroom / one-bathroom units. Four units are separately metered for water and the tenants are responsible for the payment. Two units share the same...This six-unit complex is in excellent condition. The units are all two-bedroom / one-bathroom apartments with private front or back yards. The current rent average is $1,691. Market rents are estimated at $2,300. The rents were increased in the fall of 2023. Three units have an attached garage with washer and dryer hookups. The complex features six two-bedroom / one-bathroom units. Four units are separately metered for water and the tenants are responsible for the payment. Two units share the same water meter - the owner pays water for this meter. The tenants pay their own PG&E, including hot water. There is very little exterior landscaping. The exteriors are stucco and wood, and the roofs are estimated at 15 years old.
  • Listed by: Hap Albers DRE #01006595 Brokerage DRE #01006595 • Albers Real Estate Investment Company 831-372-1922
Listing closed: 05/31/2024 12:00 AM • Source: MLSListings, MLS#: ML81956670

Recent comparable sales

Median sold price

$1,750,000

Avg days on market

45

Sale-to-list ratio

94.7%

Salinas, CA

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225 Soledad Street, Salinas, CA 93901

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Location

Listing Courtesy of Albers Real Estate Investment Company, Hap Albers, DRE #01006595

Sold By Century 21 Showcase Realtors, Leticia Meza, DRE #01416901

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Principal and Interest

$8,336

Property Taxes

$1,820

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Property Information for 352 Williams Road

Property Details
  • Taxes: $21,840 / year
  • MLS Type: 5+ Units / Five or More Units
  • County: Monterey County
  • MLS City Name: SALINAS
  • Building Type: Other
  • Garage Spaces: 3
  • Parking Spaces: 4
  • Cross Street: Bellehaven
Building Information
  • Year Built: 1961
  • Lot Size: 0.36 AC / 15,498 SF
Features
Room Information
  • Kitchen: Countertop - Granite, Countertop - Tile, Exhaust Fan, Hood Over Range, Oven Range - Gas, Refrigerator
Features
  • Fireplace: No
  • Laundry: Hookups Only
  • Living SqFt: 4256
  • Pool: No
  • Security Features: None
  • Special Features: None
Utilities
  • Cooling: None
  • Heating: Gas, Wall Furnace
  • Meters: Master Water, Separate Electric, Separate Gas, Separate Water
  • Sewer Septic: Sewer Connected
  • Utilities: Individual Electric Meters, Individual Gas Meters, Natural Gas
  • Water: Individual Water Meter
Carport and Parking
  • Carport Min: 2
Garage
  • Garage and Parking: Assigned Spaces, Attached Garage, Covered Parking, Off-Street Parking, Uncovered Parking
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Min Num Of Units in Complex: 6
  • Area Text: ES-68
  • Restrictions: None
  • Roof: Composition
  • Subclass: Five or More Units
  • Year Built Source: Assessor
  • Street Number: 352
  • Street Name: Williams
  • Street Suffix: Road
  • Area ID: 68
Lot / Property Details
Building Information
  • Number of Buildings: 3
  • Structure SqFt: 4256
  • Structure SqFt Source: Assessor
  • Age: 63
Development Information
  • Construction Type: Wood Frame
  • Ownership Type: Individual
  • Zoning Detail: Residenatial High Density
Location Information
  • City Limits: Yes
  • Directions: Property is on the south side of Williams Road.
  • Incorporated: Yes
  • Parcel Number: 004-541-044-000
  • County Name: Monterey
  • City Name: SALINAS
  • City Postal ID: 5389
  • Postal Code: 93905
  • Elementary School District: 430
  • High School District Text: Salinas Union High
Lot Information
  • Foundation: Concrete Perimeter
  • Lot Acres: .36
  • Lot Description: Grade - Level
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
  • Yard Grounds: Back Yard, Balcony / Patio
Mobile / Manufactured Information
Other Information
  • Dual Variable: No
Multi Family Information
Building Information
  • No Of Leased: 6
General Information
  • Annual Tax Amount: $21,840
  • Capitalization Rate: 4.77
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Hot Water, Utilities - Water
  • Income Includes: Rents
  • Vacancy Factor: 3
Income / Expense Details
  • Expense Insurance: $1,512
  • Expense Landscape: $1,200
  • Expense Maintenance: $4,500
  • Expense Management: $5,907
  • Expense Trash: $1,709
  • Expenses Other: $2,916
  • Expenses Utility: $1,000
  • Expenses Total: $40,584
  • Operating Expenses Include: Fee - Property Management, Fee - Property Tax, Insurance, Maintenance, Maintenance - Repair, Reserve Fund, Services - Sewer, Services - Trash Removal, Utilities - Water, Vacancy Factor
  • Gross Rent Multiplier: 13.34
  • Income Annual Gross: $118,146
  • Income Annual Rental: $121,800
  • Income Gross Scheduled: $121,800
  • Income Other: $0
Unit 1 Information
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Number of Bedrooms: 2
  • Unit 1 Rent: $1,500

Property History for 352 Williams Road

DateEvent & SourcePriceAppreciation
May 31, 2024

Sold

EBRD #ML81956670

$1,640,000—
May 31, 2024

Sold

MLSListings #ML81956670

$1,640,000—
May 28, 2024

Sold (Public Record)

Public Record #1533562049

$1,640,000—
DateEvent & SourcePrice
05/31/2024

Sold

EBRD #ML81956670

$1,640,000
05/31/2024

Sold

MLSListings #ML81956670

$1,640,000
05/28/2024

Sold (Public Record)

Public Record #1533562049

$1,640,000

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

Public Records for 352 Williams Road

Taxable ValueLand$665,856Additions$1,040,400Total$1,706,256
Tax Record2025$21,417 ($1,785 / month)
Home Facts
Baths2Total Finished SqFt4,256 SqFtAbove Grade Finished SqFt4,256 SqFtStories1Lot Size15,498 SqFtStyleMulti-Family Res (5+ Units)Year Built1961Year Renovated1961CountyMONTEREYAPN004-541-044-000

Schools near 352 Williams Road

This home is within Salinas Union High School District.
Rating
School
Type
Grades
Distance
Bardin Elementary School
Public - K to 6
El Sausal Middle School
Public - 7 to 8
Alisal High School
Public - 9 to 12
Alisal Virtual Academy
Public - 1 to 6
Rating
School
Distance
Bardin Elementary School
PublicK to 6

El Sausal Middle School
Public7 to 8

Alisal High School
Public9 to 12

Alisal Virtual Academy
Public1 to 6

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: 352 Williams Road, Salinas, CA 93905
$1,640,000
–
–
4,256
15,498
380 Williams Road, Salinas, CA 93905
$610,000
–
–
2,208
9,576
382 Williams Road, Salinas, CA 93905
–
–
2
1,134
–
382 Williams Road, Salinas, CA 93905
$275,000
–
–
1,134
21,053
350 Williams Road, Salinas, CA 93905
–
–
2
4,432
15,923
348 Williams Road, Salinas, CA 93905
$575,000
–
4.5
2,758
10,500

Explore Nearby Homes

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 Albers Real Estate Investment Company, Hap Albers, DRE #01006595

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.