NOT LISTED FOR SALE

536 Capitol St Salinas, CA 93901

South Salinas Neighborhood
7 Beds
4 Baths
2,765 Sq Ft
9,309 Sq Ft Lot

Last Sold September 09, 2021

Last sale price $975,000 $353 Per Sq Ft

3 Days on Market

Highlights

  • Deck
  • 3 Car Attached Garage
  • Washer and Dryer
  • Balcony
  • Coin Laundry
  • Grass Covered Lot

About This Home

As of September 2021

South Salinas triplex with a great unit mix. Two 2 bed / 1 bath units & a 3 bed / 2 bath unit All units have a one-car garage. Each unit has a backyard or a deck. Rents have potential upside. One 2 bed unit has washer dryer hookups. There is a coin-operated laundry room. 536 & 540 Capitol Street bathrooms have tile flooring and High Macs (Corian type material) shower surrounds. 540 Capitol Street has laminate flooring in the living room and kitchen. Hardwood in bedrooms and hallway. 536 & 538 Capitol Street have hardwood flooring. throughout.

Last Agent to Sell the Property

Hap Albers

Albers Real Estate Investment Company License #01006595 Listed on: 07/11/2021

Last Buyer's Agent

Hap Albers

Albers Real Estate Investment Company License #01006595 Listed on: 07/11/2021

Property Details

Home Type

  • Multi-Family

Year Built

  • 1965

Lot Details

  • 9,309 Sq Ft Lot
  • Grass Covered Lot
  • Back Yard

Parking

  • 3 Car Attached Garage
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Triplex
  • Slab Foundation
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,765 Sq Ft Home
  • 1-Story Property
  • Washer and Dryer

Outdoor Features

  • Balcony
  • Deck

Utilities

  • Wall Furnace
  • Heating System Uses Gas
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $60,900

Community Details

Overview

Amenities

  • Coin Laundry

Building Details

  • 3 Leased Units
  • Gardener Expense $500
  • Insurance Expense $1,403
  • Maintenance Expense $2,250
  • Manager Expense $2,986
  • Other Expense $100
  • Utility Expense $1,764
  • Trash Expense $1,080
  • Operating Expense $20,332
  • Gross Income $59,702

Property Details

Home Type

Multi-Family

Year Built

1965

Lot Details

0

Parking

3

Listing Details

  • Zoning: Residential Commercial
  • Subclass: Triplex
  • Age: 56
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2765
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1965

Interior Features

  • Living Sq Ft: 2765
  • Stories: 1
  • Laundry: Coin Operated, Washer / Dryer, Washer/Dryer - Some Units

Exterior Features

  • Foundation: Concrete Perimeter And Slab, Concrete Slab
  • Roof: Composition
  • Yard/Grounds: Back Yard, Balcony / Patio, Deck, Low Maintenance

Garage/Parking

  • Garage Spaces: 3
  • Parking Spaces: 2
  • Garage Parking Features: Attached Garage, Off-Street Parking, On Street

Utilities

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

Schools

  • School District: Salinas Union High
  • Middle School: Washington Middle
  • High School: Salinas High
  • High School: 583
  • Middle School: 584

Lot Info

  • Lot Acres: 0.2137
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 9309.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 9309.00

Rental Info

  • Existing Lease Term(s): Less Than 1 Yr, Month To Month
  • Gross Rent Multiplier: 15.42
  • Number Of Leased: 3

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Natural Gas
  • Expense Insurance: 1403
  • Expense Landscape: 500
  • Expense Maintenance: 2250
  • Expense Management: 2986
  • Expenses Other: 100
  • Expenses Total: 20332
  • Expenses Utility: 1764
  • Expense Trash: 1080
  • Income Annual Gross: 59702.00
  • Income Annual Rental: 60900
  • Income Gross Scheduled: 61548
  • Income Includes: Coin Operated Equip, Laundry
  • Income Other: 648
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Management, Fee - Property Tax, Maintenance, Maintenance - Exterminator, Maintenance - Laundry, Maintenance - Repair, Services - Sewer, Utilities - Water, Vacancy Factor
  • Tenant Expenses: Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Hot Water
  • 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
09/09/2021 09/09/21 Sold $975,000 +2.7% $353 / Sq Ft
07/15/2021 07/15/21 Pending -- -- --
07/11/2021 07/11/21 For Sale $949,000 -- $343 / 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

    10 in this area

    62 Total Sales

    Hap Albers
    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81853027

MLSListings

APN: 002-412-023

California Monterey County Salinas 93901 South Salinas

536 Capitol St, Salinas, CA

This home is located at 536 Capitol St, Salinas, CA 93901 since 11 July 2021. This property was built in 1965. 536 Capitol St is a home located in Monterey County with nearby schools including Mission Park Elementary School, Lincoln Elementary School, and University Park Elementary 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