
Salinas, California 93901
This property presents a High-Potential Investment Opportunity with a List Price of $385,000—positioned slightly above the $378,520 Fair Market Value. While the price reflects current market positioning, the Fair Condition Rating of this 1988-built condo offers a clear path to forced appreciation through cosmetic updates. Featuring full-size interior laundry, a private balcony with mountain views, and community pool access, this unit provides functional, quiet living. It is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking to build equity through renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1056 Padre Drive 4 Subject 1 bd · 1 ba · 766 sqft · $358 | $350,000* List Price | 1 | 1 | 766 | $358 | - |
A 1051 Padre Drive 7 Sold 1 bd · 1 ba · 915 sqft · $328 · 0.1 mi | $300,000 | 1 | 1 | 915 | $328 | 0.1 mi |
B 1052 Padre Drive 3 Active 1 bd · 1 ba · 766 sqft · $516 · 0.0 mi | $395,000 List Price | 1 | 1 | 766 | $516 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1988 (36 years old) with an entirely original interior. The kitchen and bathroom feature dated oak cabinetry, white tile, and 80s-style lighting. The listing explicitly states the unit needs a full update to realize its potential, placing it in the rehab category based on age and condition.
The property is priced to reflect its original 1988 condition, offering significant upside potential for investors or homeowners to build equity through custom renovations.
Situated in the gated Westwood Village, this unit occupies a quiet interior location away from street noise and features a private balcony with mountain views.
The condo includes rare conveniences for its size, such as full-size interior laundry, large windows for natural light, and access to a community pool.
The interior is in original condition and requires a full cosmetic overhaul to meet modern aesthetic and functional standards.
With only one bedroom and one bathroom, the property has a restricted target demographic, which may limit future resale velocity compared to larger units.
Start with possibility. This one-bedroom, one-bath condo in Westwood Village offers 766 square feet of simple, functional space ready for a fresh point of view. And priced for massive upside to build fast equity. The interior is original, which is exactly where the opportunity begins: update it your way, on your timeline, and create a home that reflects how you want to live. Large windows bring in natural light, while the living and dining areas offer comfortable everyday space. The kitchen is practical, and full-size interior laundry adds a level of convenience that is hard to overlook. Step outside to a private balcony with distant mountain views; an easy place for morning coffee, an evening glass of wine, or a casual barbecue. The gated community offers a pool, and the unit is in a quieter interior location away from the street. From your new home in Westwood Village it is easy to walk to nearby restaurants, coffee and shopping, enjoy easy commute access, and then come home to a setting that feels both connected and private. This is an opportunity to pair smart pricing with imaginationand turn potential into something beautifully your own. Step inside and picture what you could create.
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 | 2.1 |
| Baths | 1.0 | 1.8 |
| Square foot | 766 | 1,185 |
| Lot Size | - | 3,349.333 |
| Price | $350.0K | $497.5K |
| Price per sq ft | $457 | $420 |
| Built year | 1988 | 1981 |
| HOA | $350.0 | $547 |
| Days on market | 38 | 91 |
Oct 17, 2026
$350,000
$385,000
-9% Price Drop
Initial Listing
Sep 16, 2026
$385,000
Initial Listing