6% Cap Rate. 470 Reservation Road in Marina CA is a six-unit apartment complex that consists of all large two bedroom / one bath units. The ground floor units have fenced yards, there is a laundry room on site, and there are six carport parking spaces. The property has a +/- five year old roof, was painted, and the interiors have been updated (kitchen/bath/flooring/ paint). The property has a very strong rental history. Financials available upon request.
For sale
$2,150,000
Reservation Rd, Marina, CA 93933
--beds
--baths
5,184sqft
Est.:
Five Or More Units, Residential Income
Built in 1970
-- sqft lot
$1,967,400 Zestimate®
$415/sqft
$-- HOA
What's special
Fenced yardsSix carport parking spacesLaundry room on site
- 142 days |
- 128 |
- 2 |
Zillow last checked: 8 hours ago
Listing updated: November 23, 2025 at 05:08pm
Listed by:
Patrick Stafford 01857243 831-238-3592,
Baird Partnership, Inc. 831-646-1919
Source: MLSListings Inc,MLS#: ML82018573
Tour with a local agent
Facts & features
Interior
Heating
- Central Forced Air Gas
Cooling
- None
Features
- Doors: None
Interior area
- Total structure area: 5,184
- Total interior livable area: 5,184 sqft
Property
Parking
- Total spaces: 3
- Parking features: Carport
- Has carport: Yes
Accessibility
- Accessibility features: None
Lot
- Size: 0.33 Acres
Details
- Parcel number: 032131047000
- Zoning: Multi-Family Residential
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Five Or More Units, Residential Income
Materials
- Foundation: Concrete Perimeter and Slab
- Roof: Flat, Mansard
Condition
- Year built: 1970
Utilities & green energy
- Gas: IndividualGasMeters, PublicUtilities
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Public Utilities, Water Public
Community & HOA
Location
- Region: Marina
Financial & listing details
- Price per square foot: $415/sqft
- Date on market: 8/19/2025
- Listing agreement: ExclusiveAgency
- Lease term: 12 Months
Estimated market value
$1,967,400
$1.87M - $2.07M
$2,799/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 8/19/2025 | Listed for sale | $2,150,000$415/sqft |
Source:  MLSListings Inc #ML82018573 Report a problem | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Est. payment
$13,342/mo
Principal & interest
$10618
Property taxes
$1971
Home insurance
$753
Climate risks
Neighborhood: 93933
Nearby schools
GreatSchools rating
- 5/10J. C. Crumpton Elementary SchoolGrades: K-6Distance: 0.2 mi
- 4/10Los Arboles Middle SchoolGrades: 7-8Distance: 0.7 mi
- 7/10Marina High SchoolGrades: 9-12Distance: 0.8 mi
Schools provided by the listing agent
- District: MontereyPeninsulaUnified
Source: MLSListings Inc. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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