$2,275,000
$2,629,000
13.5%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
2 Baths
4,750 SqFt
SOLD DATE : 08/22/2024
Key Details
Sold Price $2,275,000
Property Type Commercial
Sub Type Five or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 4,750 sqft
Price per Sqft $478
MLS Listing ID ML81961668
Sold Date 08/22/24
Bedrooms 3
Full Baths 2
Year Built 1955
Lot Size 1.185 Acres
Property Description
PLEASE DO NOT Go onto property! Calling all Investors! This almost 1.2 acre lot spans from Williams road with another access point on the street over at Cross Avenue. There are (10) 1bd/1ba apartments all located on the main level and all with attached single car garages. PLUS 13 Mobile home spaces that are currently at full occupancy by well established tenants. There is also 1 2bd (maybe 3bd) 1 BA single family residence. The City of Salinas mentioned that there is the possibility of rezoning & building 24+ or more units on this lot. So there is greater potential for this property bring in more income.
Location
State CA
County Monterey
Area Es-68
Zoning RH/RL
Interior
Heating Wall Furnace
Cooling None
Exterior
Parking Features Assigned Spaces, Attached Garage, Common Parking Area, On Street, Parking Area
Garage Spaces 10.0
Utilities Available Public Utilities
Roof Type Composition,Other
Building
Lot Description Potential Re-Zone
Foundation Concrete Perimeter
Sewer Sewer - Public
Water Public
Others
Restrictions Age - No Restrictions,Below Market Rate Unit,Family Park,No Waterbeds,Parking Restrictions,Pets - Allowed
Tax ID 004-491-007-000
Security Features None
Special Listing Condition Not Applicable
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Bought with James Kendall • Baird Partnership, Inc.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
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