$1,499,000
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0.66 Acres Lot
SOLD DATE : 02/28/2023
Key Details
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID ML81918343
Sold Date 02/28/23
HOA Y/N No
Year Built 1928
Annual Tax Amount $16,819
Lot Size 0.665 Acres
Property Description
This unique South Salinas apartment complex offers 8 free standing one-bedroom / one-bathroom cottages located on a 28,957 sq. ft lot. The parcel is zoned MX (Mixed Use). Most of the cottages have updated kitchen cabinets, counters, and floors. Most bathrooms have been updated with new cabinets, tile floors, and tile shower surrounds. Most units have newer window blinds and laminate or LVT flooring. The rents average $1,579. The most recent move in rent is $1,725. The property is zoned MX (Mixed Use), which allows residential or commercial and residential uses. Potentially, additional residential units or a combination of commercial and residential units may be added to the property. Accessory dwelling units may be possible. Check with City Planning. The tenants pay PG&E for a gas wall furnace, water heater, and the stove. The landlord is responsible for water, sewer, and garbage. The units have a small storage space on the front of the unit.
Location
State CA
County Monterey
Area 699 - Not Defined
Zoning Mixed Use (MX)
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Laundry None
Exterior
Roof Type Composition
Total Parking Spaces 15
Schools
School District Other
Others
Tax ID 002382009000
Financing Cash
Special Listing Condition Standard
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Bought with Mike Handley Town'N Country Realty
