308 N Vanderhurst Avenue, King City, California 93930, King City, 93930 - 0 bed, 0 bath
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King City, California 93930
This triplex represents a Strong Value Opportunity, listed at $825,000—positioned above the $765,864 Fair Market Value. While priced at a premium, the property offers a stable Residential Income asset with a Condition Rating of 4, featuring a brand-new roof and reliable long-term tenants. The 9,500 SF lot provides significant utility with ample parking and storage, supporting consistent rental demand. This is a prudent acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a multi-unit property with immediate cash flow potential in King City.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 308 N Vanderhurst Avenue Subject | $825,000* List Price | 0 | 0 | 1,824 | $420 | - |
A Ellis St Sold | $770,000 | 0 | 0 | 1,932 | $399 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is a 1958 build that is functional and 'responsibly maintained' with a brand-new roof and clean hardwood floors. However, it is significantly dated, featuring acoustic ceiling tiles, older wall heaters, and original-style windows that will eventually require modernization to meet current market standards.
The property offers a very attractive cap rate with steady income from reliable, long-term tenants, providing immediate cash flow for investors.
A brand-new roof and a history of responsible maintenance by the seller reduce the likelihood of immediate major capital expenditures.
The large 9,500 SF lot accommodates a carport, individual garages for the duplex units, and additional off-street parking, which is a significant value-add for multi-unit rentals.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1824, other record living area = 728.
Built in 1958, the property may eventually require updates to original plumbing, electrical, or mechanical systems common in mid-century constructions.
The duplex units are relatively small at 598 SF each, which may limit the tenant profile to individuals or couples and could impact future rent growth potential.
Strong Investment Opportunity in South Monterey Counties vibrant King City. Steady income from long term reliable tenants with a very attractive cap rate. Front unit is a 722 SF light, bright & clean, 2-bedroom, 1 bath with hardwood floors, good storage, rear patio, carport, storage building with laundry. A Long driveway leads you to a well-maintained duplex each are 598 SF, 1 bedroom, 1 bath, hardwood & linoleum floors, each has a 1 car garage and 2 additional parking spaces. And! A brand-new roof!! Property on a large 9500 SF lot and is conveniently located close to schools, shopping & downtown. This property has been maintained responsibly by the seller.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 1,824 | - |
| Lot Size | 9,500 | - |
| Price | $825.0K | $770.0K |
| Price per sq ft | $452 | $399 |
| Built year | 1958 | 0 |
| HOA | $0 | $0 |
| Days on market | 13 | 271 |
Jul 9, 2026
$825,000
Initial Listing