1056 Padre Drive 5, Salinas, California 93901, Salinas, 93901 - 1 bed, 1 bath
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Salinas, California 93901
This South Salinas Condominium is a Strong Value Opportunity, listed at $449,000—positioned slightly above the $445,134 Fair Market Value. While priced at market, the property offers a stable, secure lifestyle in a gated community with a pool and detached garage. Featuring a Condition Rating of 4, the unit is well-maintained with original finishes, providing a solid foundation for cosmetic updates. Its proximity to local schools and functional layout makes this an ideal acquisition for first-time buyers or downsizing owner-occupants seeking a low-maintenance residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1056 Padre Drive 5 Subject | $449,000* List Price | 1 | 1 | 766 | $581 | - |
A 1056 Padre Drive 8 Sold | $475,000 | 1 | 1 | 766 | $620 | 0.0 mi |
B 1053 Riker Street 6 Sold | $475,000 | 1 | 1 | 766 | $620 | 0.1 mi |
C 1052 Padre Drive 3 Active | $465,000 List Price | 1 | 1 | 766 | $607 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1988 (36 years old), the property is well-maintained and move-in ready but remains largely dated. The kitchen and bathroom feature original tile countertops and cabinetry consistent with the construction era. While some appliances have been updated to stainless steel, the overall aesthetic and systems exceed the 20-year threshold for a 'Good' rating without a comprehensive renovation.
Located in Westwood Village, the property offers enhanced security with 24/7 gated access and premium amenities including a pool, lounge, and BBQ area.
This well-maintained unit features a highly functional floor plan with an in-unit utility room for laundry, a cozy gas fireplace, and an enclosed patio for private outdoor space.
Unlike many condominium units, this property includes a detached garage and available guest parking, providing both vehicle security and additional storage options.
At 766 square feet with only one bedroom, the property may lack the versatility needed for families or those requiring a dedicated home office space.
The $350 monthly association fee adds a significant recurring expense to the cost of ownership, which may impact the purchasing power of budget-conscious buyers.
South Salinas Condo. This is a one bedroom, one bath, ground floor condo with 766 square feet of livable space. The kitchen is fully equipped with a dishwasher, garbage disposal, refrigerator and electric stove. The washer and dryer is off the kitchen in a small utility room. The enclosed patio is right off the dining area which is in between the living room and the kitchen. The living room features a gas fireplace, making this space warm and spacious. Overall, this is a very well maintained condo in good condition. There is a detached garage, as well as guest parking. Westwood Village offers its residences a pool and lounge area along with a BBQ area. The complex is secure and gated at all times.
No exterior & parking available.
Grades K-6 • 0.5 mi
Grades K-6 • 0.7 mi
Grades K-6 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.5 |
| Baths | 1.0 | 2.0 |
| Square foot | 766 | 1,135.5 |
| Lot Size | - | 1,340.5 |
| Price | $449.0K | $444.9K |
| Price per sq ft | $586 | $430 |
| Built year | 1988 | 1979 |
| HOA | $350.0 | $522 |
| Days on market | 8 | 74 |
Jul 14, 2026
$449,000
Initial Listing
Aug 21, 2014
$212,000
Public Record
Jul 1, 2010
$151,500
Public Record
Feb 25, 2005
$355,000
Public Record