This home's estimate is 6.9% lower than the average sale price ($1.03M) of 6 comparable homes.
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233-239 Walker Valley Rd, Castroville, CA 95012
About this home
Great investment opportunity! Live in 1 and rent the other 2 or purchase the home next door, 237 Walker Valley Rd. and rent all 3! Consists of 3 separate 858 sf, 2bd/1ba buildings with their own fenced in yards and driveways. Beautiful, private country setting. Currents rents are below market by $200-300 a month according to an appraiser's rental survey. At $1200 a month per unit, CAP rate would be 6.04

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Market trends in 95012, CA
Last updated August 2026
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Provided by Redfin
Sale history for 233-239 Walker Valley Rd
$233/sq ft
$233/sq ft
Tax history for 233-239 Walker Valley Rd
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Property details
Parking
- Parking Information
- Parking Description: Parking Area
- Parking Spaces: 3
Interior
- Virtual Tour
- Room Information
- Kitchen Description: Cooktop (Electric), Countertop (Formica), Hood Over Range, Oven (Electric), Oven Range
- Interior Features
- Laundry: Hookups Only
- Flooring: Sustainable Materials, Vinyl/Linoleum
- Heating & Cooling Information
- Heating: Electric
Exterior
- Exterior Features
- View: Greenbelt
- Roof: Composition
- Building Information
- # of Buildings: 3
- Style: Traditional
- Subclass: Triplex
- Construction Type: Wood Frame
- Concrete Slab
- Property Features
- Communication: Satellite Dish
- Living Sq. Ft.: 2,574
- Property Information
- Ownership Type: Individual
- Property Primary ID: 557574
- Tenant Expenses: Utilities (Electric), Other
- Lot Information
- Lot Acres: 3
- Lot Description: Grade (Side Slope)
- Lot Size Area Minimum Units: Sq. Ft.
- Lot Size Area Maximum Units: Sq. Ft.
- Lot Size Source: Other (See Remarks)
- Zoning: LDR/2.5
Financial
- Tax/Assessment Information
- Annual Tax Amount: $1,078
- City Transfer Tax: No
Utilities
- Utility Information
- Meters: Separate Electric
- Sewer Septic: Existing Septic
- Utilities: Individual Electric Meters
- Trash Expense: $1,500
- Water Information
- Water: Private/Mutual
Location
- Multi-Unit Information
- # of Stories: 1
- # of Units in Building (Total): 3
- Annual Rental Income: $35,820
- Annual Gross Income: $34,029
- Gross Rent Multiplier: 16.72
- Gross Scheduled Income: $35,820
- Total Expenses: $4,822
- Vacancy Factor: 5
- Unit Type 1 Information
- # of Bedrooms: 2
- # of Baths (Full): 1
- Approx Sq. Ft.: 858
- Rent: $1,200
- Unit Type 2 Information
- # of Bedrooms: 2
- # of Baths (Full): 1
- Approx Sq. Ft.: 858
- Rent: $1,200
- Unit Type 3 Information
- # of Bedrooms: 2
- # of Baths (Full): 1
- Approx Sq. Ft.: 858
- Rent: $1,200
- School Information
- Elementary School: Elkhorn Elementary
- Elementary School District: North Monterey County Unified
- Middle School: Gambetta Middle
- High School: North Monterey County High
- High School District: North Monterey County Unified
Public facts
- Beds: 2
- Baths: 1.0
- Sq. Ft.: 858
- Stories: 1.0
- Lot Size: 3 acres
- Style: Single Family Residential
- Year Built: 1974
- Year Renovated: 1974
- County: Monterey County
- APN: 131093032000
Around this home
Schools
Public K-6 • Assigned • 1.1mi
Public 7-8 • Assigned • 3.8mi
Public 9-12 • Assigned • 2.5mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
0.62% chance of being in a wildfire in next 30 years
7 days above 83° expected this year, 15 days in 30 years
Minimal risk of severe winds over next 30 years
11 unhealthy days expected this year, 11 days in 30 years
Sun exposure
In this area, properties receive around 11.2 hours in June and 4.8 hours in December, placing it above the U.S. average for solar exposure.
Nearby similar homes
New listings for sale in 95012
Home values near 233-239 Walker Valley Rd
| Address | Redfin Estimate |
|---|---|
4 Beds | 3.5 Baths | 4465 Sq. Ft. | $1,320,146 |
3 Beds | 2.5 Baths | 2082 Sq. Ft. | $1,178,279 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 2 Baths | 1937 Sq. Ft. | $902,550 |
3 Beds | 2 Baths | 1709 Sq. Ft. | $812,470 |
| Address | Redfin Estimate |
|---|---|
4 Beds | 3 Baths | 2448 Sq. Ft. | $1,033,034 |
4 Beds | 2.5 Baths | 2234 Sq. Ft. | $926,587 |
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