$1,399,000
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0.37 Acres Lot
SOLD DATE : 03/21/2023
Key Details
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID ML81915772
Sold Date 03/21/23
HOA Y/N No
Year Built 1941
Annual Tax Amount $16,788
Lot Size 0.372 Acres
Property Description
This unique South Salinas apartment complex features a house and five one-bedroom / one-bathroom units on one large parcel. The property is 200 feet from S. Main Street & its many restaurants, banks, gyms, grocery stores, drug stores, coffee shops, & other services. The house is either a three-bedroom or four-bedroom house depending on how one room is used - either a bedroom or a living room. The house has two full bathrooms. The bathrooms have been remodeled & feature tile showers. The kitchen has a built-in sit-down dining table. The house tenants pay all utilities except sewer. The five-unit building features five one-bedroom units, mostly remodeled with newer kitchen cabinets, tile shower surrounds, tile bathroom floors, & newer bathroom cabinets. The average rent for a one-bedroom is $1472. The 5 unit tenants pay a prorated amount for water and electric - one meter. The 5 unit tenants pay their own gas. The owner pays for garbage & sewer. Additional units may be possible.
Location
State CA
County Monterey
Area 699 - Not Defined
Zoning Commercial Office / Resid
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Exterior
Carport Spaces 2
Roof Type Flat
Total Parking Spaces 5
Building
Lot Description Level
Schools
Middle Schools Washington
High Schools Salinas
School District Other
Others
Tax ID 002605005000
Financing Conventional
Special Listing Condition Standard
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Bought with Hap Albers Albers Real Estate Investment Company
