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    225 Mcculloch Cir Marina, CA 93933-2417
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    Property profile & analytics

    225 Mcculloch Cir, Marina, CA 93933-2417

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    • Apartment buildings
    • 5,075 SF
    • 0.57 lot acres
    Off-Market
    Last Sale Mar 13, 2025
    $1,884,000
    Property ID
    US09-2999440
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $1,850,000
    Show details
    Cap Rate Potential
    4.5%
    Apartment buildings
    Location Intelligence

    Current Use by Public Records

    • Apartment buildings

    Property Details for 225 Mcculloch Cir

    Year built
    1965
    Construction
    WOOD
    Lot size
    0.57 lot acres
    Property type
    Apartment buildings
    APN
    032-031-035-000
    APU
    32031035000

    Description

    This well-maintained, single-story six-unit apartment complex is situated on a 0.57-acre lot at 225 McCulloch Circle in Marina, California. The property boasts a total of 5,075 square feet and offers a fantastic investment opportunity due to its prime location, just minutes from the beach and local shopping. Each of the six units is generously sized, featuring two bedrooms and one bathroom, providing comfortable living spaces for tenants. A key advantage is the inclusion of private, fenced backyards for each unit, offering tenants desirable outdoor space. Further enhancing tenant appeal are the shared laundry facilities and ample parking. Recent upgrades have been implemented to maintain the property's high standards, including fresh paint throughout and the installation of new windows. The property's strong rental potential, combined with its desirable location and attractive amenities, makes it an exceptional investment opportunity in the thriving Marina, CA market. The asking price is $1,995,000.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $1,800,000
      ML approach
      $1,830,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $1,360,000
      6.5%
      $1,255,000
      7%
      $1,165,000
    • Alternative Use

      Use
      Estimation
      APARTMENT HOUSE (5+ UNITS)
      $2,005,000
      Current use
      RESTAURANT
      $2,750,000
      Change: +37% Conversion: Difficult
      OFFICE BUILDING
      $2,100,000
      Change: +5% Conversion: Moderate
      INDUSTRIAL (GENERAL)
      $2,085,000
      Change: +4% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $2,025,000
      Change: +1% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $1,930,000
      Change: -4% Conversion: Moderate

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Marina
    County
    Monterey
    State
    California
    Longitude
    -121.795
    Latitude
    36.6949
    CBSA code
    41500
    CBSA name
    SALINAS, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $6,722
    $236,875
    $346,069
    $582,944
    -
    $0.00
    $0.00
    $0.00
    More about this property
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