NOT LISTED FOR SALE

215 Hillcrest Ave Marina, CA 93933

8 Beds
4 Baths
3,248 Sq Ft
8,490 Sq Ft Lot

Last Sold November 12, 2021

Last sale price $1,250,000 $385 Per Sq Ft

45 Days on Market

Highlights

  • City Lights View
  • Concrete Kitchen Countertops
  • Tile Flooring
  • Balcony
  • Laundry Room
  • 4-minute walk to Gloria Jean Tate Park

About This Home

As of November 2021

This four-unit complex is centrally located in Marina. The property is close to Reservation Road shopping, The Dunes Shopping Center in the Marina side of old Fort Ord, and the Pacific Ocean. The complex features 4 two-bedroom / one-bathroom units. Three units are upstairs and one is downstairs. The roof and gutters were replaced in 2021. The rents shown are effective October 2021. The property has 6 tuck-under parking spaces.

Last Agent to Sell the Property

Hap Albers

Albers Real Estate Investment Company License #01006595 Listed on: 08/19/2021

Last Buyer's Agent

Hap Albers

Albers Real Estate Investment Company License #01006595 Listed on: 08/19/2021

Property Details

Home Type

  • Multi-Family

Year Built

  • 1980

Lot Details

  • 8,490 Sq Ft Lot
  • Back Yard

Home Design

  • Quadruplex
  • Slab Foundation
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 3,248 Sq Ft Home
  • 2-Story Property
  • City Lights Views

Kitchen

  • Electric Oven
  • Dishwasher
  • Concrete Kitchen Countertops
  • Formica Countertops

Flooring

  • Carpet
  • Tile
  • Vinyl

Laundry

  • Laundry Room
  • Washer and Dryer

Parking

  • 7 Carport Spaces
  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Balcony

Utilities

  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $61,800

Community Details

Overview

Amenities

  • Coin Laundry

Building Details

  • 4 Leased Units
  • Gardener Expense $500
  • Insurance Expense $2,530
  • Maintenance Expense $3,000
  • Manager Expense $2,846
  • Other Expense $1,000
  • Utility Expense $3,338
  • Trash Expense $1,058
  • Operating Expense $29,441
  • Gross Income $60,575

Property Details

Home Type

Multi-Family

Year Built

1980

Lot Details

0

Listing Details

  • Zoning: Commercial Multi-Family
  • Subclass: Fourplex
  • Age: 41
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3248
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1980

Interior Features

  • Kitchen: Countertop - Concrete, Countertop - Formica, Dishwasher, Oven - Electric, Oven Range - Electric, Refrigerator
  • Living Sq Ft: 3248
  • Stories: 2
  • Laundry: Coin Operated, Washer / Dryer
  • Flooring: Carpet, Tile, Vinyl / Linoleum
  • Additional Rooms: Laundry Room

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition
  • View: City Lights
  • Yard/Grounds: Back Yard, Balcony / Patio
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Parking Features: Carport, Off-Street Parking, On Street
  • Carport Min: 7

Utilities

  • Heating System: Electric, Wall Furnace
  • Sewer/Septic System: Sewer Connected

Schools

  • School District: Monterey Peninsula Unified

Lot Info

  • Lot Acres: 0.1949
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8490.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8490.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 22.08
  • Number Of Leased: 4

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expense Insurance: 2530
  • Expense Landscape: 500
  • Expense Maintenance: 3000
  • Expense Management: 2846
  • Expenses Other: 1000
  • Expenses Total: 29441
  • Expenses Utility: 3338
  • Expense Trash: 1058
  • Income Annual Gross: 60575.00
  • Income Annual Rental: 61800
  • Income Gross Scheduled: 62448
  • Income Includes: Laundry, Rents
  • Income Other: 648
  • Meters: Master Electric, Master Gas, Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Management, Fee - Property Tax, Insurance, Maintenance, Maintenance - Repair, Services - Gardener, Services - Sewer, Services - Trash Removal, Utilities - Hot Water, Utilities - Water, Vacancy Factor
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Heating
  • Vacancy Factor: 3

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/12/2021 11/12/21 Sold $1,250,000 -9.4% $385 / Sq Ft
10/04/2021 10/04/21 Pending -- -- --
09/27/2021 09/27/21 For Sale $1,379,000 0.0% $425 / Sq Ft
09/21/2021 09/21/21 Pending -- -- --
08/19/2021 08/19/21 For Sale $1,379,000 -- $425 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Hap Albers

    Seller's Agent in 2021

    Hap Albers

    Albers Real Estate Investment Company

    (408) 893-6002

    5 in this area

    62 Total Sales

    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81859137

MLSListings

APN: 032-303-012

California Monterey County Marina 93933

215 Hillcrest Ave, Marina, CA

This home is located at 215 Hillcrest Ave, Marina, CA 93933 since 19 August 2021. This property was built in 1980. 215 Hillcrest Ave is a home located in Monterey County with nearby schools including Marina Vista Elementary School, Los Arboles Middle School, and Marina High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLSListings Property Information © 2025 MLSListings Inc. All rights reserved. Listing information is deemed reliable but not guaranteed. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, MLSListings Inc. The viewer acknowledges ownership and validity of its copyright. Information provided is for personal, non-commercial use by a viewer with a bona fide interest in the purchase or sale of real estate of the type being offered via this website or other electronic means. The viewer is prohibited from copying, redistributing or retransmitting any of the data or information provided by MLSListing, Inc.

Nearby Homes