1056 Padre Drive 4, Salinas, California 93901, Salinas, 93901 - 1 bed, 1 bath
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Salinas, California 93901
This 1-bedroom condominium presents a High-Potential Investment Opportunity, listed at $469,000—positioned well below the $452,351 Fair Market Value by -3%. With a Condition Rating of 5, the unit features original 1988 finishes, offering a clear path for value-add cosmetic renovations. The property includes a detached 1-car garage, in-unit laundry, and pool views. Located near Salinas High School, this asset is ideal for Buy-and-Hold Investors or first-time buyers seeking a functional, well-located property with significant personalization potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1056 Padre Drive 4 Subject | $469,000* List Price | 1 | 1 | 766 | $591 | - |
A 1056 Padre Drive 8 Sold | $475,000 | 1 | 1 | 766 | $620 | 0.0 mi |
B 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 extensive renovation needed.
The property was built in 1988 (36 years old) and appears to have original finishes. The kitchen features dated tile countertops with wide grout lines, and the bathroom shows older vinyl flooring and fixtures. Based on the age exceeding 30 years without significant recorded renovations, the unit requires a full cosmetic rehab to meet modern standards.
Situated as a corner unit within the gated Westwood Village in South Salinas, this property offers enhanced privacy and a desirable location with pleasant views of the community pool.
The inclusion of an in-unit laundry utility room and a detached one-car garage provides significant functional value and convenience that is highly sought after in one-bedroom condominiums.
With multiple price reductions and a clear indication of seller motivation, this move-in-ready unit presents a strong opportunity for negotiation and immediate occupancy for a first-time buyer or investor.
The property has been on the market for 149 days, which may suggest that the initial pricing did not align with market demand, potentially leading to buyer hesitation.
The use of carpet and vinyl/linoleum flooring represents basic builder-grade materials that may require capital investment to upgrade to more modern, high-end finishes like hardwood or luxury vinyl plank.
Sellers are Motivated and Welcome You, to this charming, ready to move in, upstairs, corner unit, 1-bedroom/1-bathroom with a detached 1 car garage condo, ideally located in the center of the gated complex, Westwood Village, South Salinas. A convenient layout spanning 766 square feet, this dwelling offers comfortable living space with views of the pool. The kitchen, equipped with a dining area, seamlessly blends functionality and style. The flooring consists of carpet and vinyl/linoleum, providing a cozy and practical foundation throughout the home. The living area features a fireplace, perfect for adding warmth and ambiance. Outside deck area to enjoy a quiet moment of enjoyment. For your convenience, laundry facilities in-unit utility room. The gated community amenities include a fenced pool, offering a great space for relaxation and socializing. Parking is made easy with a detached 1car garage steps away. Don't miss the opportunity to explore this wonderful gem in South Salinas!
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 | $469.0K | $444.9K |
| Price per sq ft | $612 | $430 |
| Built year | 1988 | 1979 |
| HOA | $350.0 | $522 |
| Days on market | 169 | 74 |
May 6, 2026
$469,000
$489,000
-4% Price Drop
Initial Listing
Mar 17, 2026
$489,000
$499,000
-2% Price Drop
Initial Listing
Feb 3, 2026
$499,000
Initial Listing