NOT LISTED FOR SALE

418 Capitol St Salinas, CA 93901

South Salinas Neighborhood
4 Beds
2 Baths
1,907 Sq Ft
6,534 Sq Ft Lot

Last Sold February 27, 2015

Last sale price $380,000 $199 Per Sq Ft

19 Days on Market

Highlights

  • Park or Greenbelt View
  • Tile Countertops
  • Carpet
  • 2 Car Attached Garage
  • Level Lot
  • Back Yard

About This Home

As of February 2015

Very nice duplex in Mission Park area of South Salinas. Both units are 2 bed, 1 bath. One unit was upgraded last year with some new dual pane windows, new kitchen countertop & new flooring. Rear unit features a large, private backyard. Each unit has an attached, single car garage. Property located on quiet street across from a park. We invite you to explore this exciting investment opportunity!

Last Agent to Sell the Property

Joe Piini

Piini Realty License #01889295 Listed on: 01/08/2015

Last Buyer's Agent

Trung Lam

Akimax Lending License #01317941

Akimax Lending

Property Details

Home Type

  • Multi-Family

Year Built

  • 1949

Lot Details

  • Level Lot
  • Sprinklers on Timer
  • Back Yard

Parking

  • 2 Car Attached Garage
  • On-Street Parking

Home Design

  • Duplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,907 Sq Ft Home
  • 1-Story Property
  • Park or Greenbelt Views
  • Washer and Dryer Hookup

Kitchen

  • Gas Oven
  • Dishwasher
  • Tile Countertops
  • Formica Countertops

Flooring

  • Carpet
  • Vinyl

Utilities

  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $27,600

Community Details

Overview

Building Details

  • 2 Leased Units
  • Gardener Expense $1,089
  • Insurance Expense $630
  • Maintenance Expense $198
  • Manager Expense $2,622
  • Other Expense $1,084
  • Utility Expense $467
  • Operating Expense $8,608
  • Gross Income $27,600

Property Details

Home Type

Multi-Family

Year Built

1949

Lot Details

0

Parking

2

Listing Details

  • Zoning: RM-2.9
  • Subclass: Duplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1907
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1949

Interior Features

  • Kitchen: Countertop - Formica, Countertop - Tile, Dishwasher, Oven Range - Gas
  • Living Sq Ft: 1907
  • Stories: 1
  • Laundry: Hookups Only
  • Flooring: Carpet, Vinyl / Linoleum

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • View: Park
  • Yard/Grounds: Back Yard, Sprinklers - Auto

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 2
  • Garage Parking Features: Attached Garage, On Street

Utilities

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

Lot Info

  • Lot Description: Grade - Level
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6737.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6737.00

Rental Info

  • Existing Lease Term(s): Lease Agreement - Written, Month To Month, Security Deposit
  • Gross Rent Multiplier: 14.31
  • Number Of Leased: 2

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expense Insurance: 630
  • Expense Landscape: 1089
  • Expense Maintenance: 198
  • Expense Management: 2622
  • Expenses Other: 1084
  • Expenses Total: 8608
  • Expenses Utility: 467
  • Income Annual Gross: 27600.00
  • Income Annual Rental: 27600
  • Income Gross Scheduled: 27600
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Management, Fee - Property Tax, Maintenance - Capital Improvements, Services - Gardener, Services - Sewer, Vacancy Factor
  • Tenant Expenses: Miscellaneous/Other, Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Water

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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 List to Sale Price per Sq Ft
02/27/2015 02/27/15 Sold $380,000 -3.8% $199 / Sq Ft
01/27/2015 01/27/15 Pending -- -- --
01/08/2015 01/08/15 For Sale $395,000 -- $207 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Joe Piini

    Seller's Agent in 2015

    Joe Piini

    Piini Realty

    (831) 229-6913

    13 in this area

    45 Total Sales

    Joe Piini
    Section Image

  • T

    Buyer's Agent in 2015

    Trung Lam

    Akimax Lending

    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81446133

MLSListings
California Monterey County Salinas 93901 South Salinas

418 Capitol St, Salinas, CA

Not Listed for Sale

MultiFamily

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