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Wilson Leung

wilson@theownteam.com +1(650) 280-8888

Listed by Mark Cohan • Compass, DRE#01309413

$ 950,000

Est. payment | -/mo

5 Beds

4 Baths

2,050 SqFt

Save

$ 950,000

Est. payment | -/mo

Save

5 Beds

4 Baths

2,050 SqFt

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,050 sqft

Price per Sqft $463

MLS Listing ID ML82037604

Style Bungalow,Mediterranean

Bedrooms 5

Full Baths 4

Year Built 1941

Lot Size 7,500 Sqft

Property Sub-Type Fourplex

Property Description

This property is a unique investment opportunity in the heart of Salinas! This one-of-a-kind 4-unit multi-family property features four separate units, each offering privacy and character that tenants love. With a mix of long-term, stable tenants, this property provides immediate income potential while still offering room for growth. The seller completed select renovations during the pandemic, blending modern updates with the property's original charm. This property has easy access to shopping and dining. It is perfect for investors looking to expand their portfolio or an owner-occupant seeking rental income. The city says converting the garage to a 5th unit is possible, Buyers to verify with the city. Key Features: Four individual cottages No shared walls, offering privacy for tenants Recent updates completed during the pandemic Great potential for value appreciation in a growing rental market Don't miss this rare opportunity to own a charming and income-generating property in Salinas.

Location

State CA

County Monterey

Area Es-66

Zoning R-L-5.5

Rooms

Kitchen Countertop - Stone

Interior

Heating Wall Furnace

Cooling None

Flooring Carpet, Laminate, Tile

Exterior

Parking Features Off-Street Parking

Garage Spaces 1.0

Utilities Available Public Utilities

Roof Type Bituthene,Composition

Building

Lot Description Grade - Level, Regular

Story 1

Foundation Concrete Perimeter and Slab

Sewer Sewer - Public

Water Public

Level or Stories 1

Others

Tax ID 004-023-002

Security Features None

Horse Property No

Special Listing Condition Not Applicable

Nearby School & Business

+1(650) 280-8888

wilson@theownteam.com

1651 El Camino Real, Millbrae, CA, 94030, United States

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