NOT LISTED FOR SALE

1049 Acosta St Salinas, CA 93905

East Salinas Neighborhood
6 Beds
4 Baths
2,140 Sq Ft
7,296 Sq Ft Lot

Last Sold October 09, 2020

Last sale price $598,000 $279 Per Sq Ft

153 Days on Market

Highlights

  • Balcony
  • Level Lot
  • 1-Story Property
  • Skylights
  • Back Yard

About This Home

As of October 2020

Check it out! Great 4 unit property on the corner of Acosta and Machado. There are 2 buildings on a large 7100+ square foot lot. The house facing Acosta has a total of 3 units, One 2 Bedroom 1 bath unit and Two 1 Bedroom 2 bath units. The Building facing Machado is a cute 2 bedroom house with an attached garage. All the units are rented with long term tenants. The rents are below market.

Last Agent to Sell the Property

Diana L. Rugh

David Lyng Real Estate License #01346835 Listed on: 02/28/2020

David Lyng Real Estate

Last Buyer's Agent

Peter Boggs

Coldwell Banker Realty License #02019610

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • 1946

Lot Details

  • 7,296 Sq Ft Lot
  • Level Lot
  • Back Yard

Parking

  • 2 Car Garage
  • 2 Carport Spaces
  • Off-Street Parking
  • Unassigned Parking

Home Design

  • Quadruplex
  • Tar and Gravel Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,140 Sq Ft Home
  • 1-Story Property
  • Skylights
  • Washer and Dryer Hookup

Outdoor Features

  • Balcony

Utilities

  • Wall Furnace
  • Heating System Uses Gas

Listing and Financial Details

  • Total Actual Rent $52,440

Community Details

Overview

  • 2,140 Sq Ft Building

Building Details

  • 4 Leased Units
  • Utility Expense $1,200
  • Operating Expense $5,650
  • Gross Income $52,440

Property Details

Home Type

Multi-Family

Year Built

1946

Lot Details

0

Parking

2

Listing Details

  • Zoning: Apt3-4 units-2c
  • Subclass: Fourplex
  • Age: 74
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2140
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1946

Interior Features

  • Living Sq Ft: 2140
  • Stories: 1
  • Laundry: Hookups Only

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition, Tar And Gravel
  • Yard/Grounds: Back Yard, Balcony / Patio

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 2
  • Garage Parking Features: Attached Garage, Off-Street Parking, Unassigned Spaces
  • Carport Min: 2

Utilities

  • Heating System: Gas, Wall Furnace
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: Skylight

Schools

  • School District: Salinas Union High

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.1675
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7296.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7296.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 11.40
  • Number Of Leased: 4

Multi Family

  • Utilities: Public Utilities
  • Expenses Total: 5650
  • Expenses Utility: 1200
  • Income Annual Gross: 52440.00
  • Income Annual Rental: 52440
  • Income Gross Scheduled: 52440
  • Income Includes: Rents
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 2
  • Operating Expenses Include: Insurance, Maintenance, Utilities - Water
  • Tenant Expenses: Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Hot Water

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/09/2020 10/09/20 Sold $598,000 0.0% $279 / Sq Ft
07/31/2020 07/31/20 Pending -- -- --
07/17/2020 07/17/20 For Sale $598,000 0.0% $279 / Sq Ft
07/17/2020 07/17/20 Price Changed $598,000 +0.5% $279 / Sq Ft
06/23/2020 06/23/20 Price Changed $595,000 +8.2% $278 / Sq Ft
03/08/2020 03/08/20 Pending -- -- --
02/28/2020 02/28/20 For Sale $550,000 +84.6% $257 / Sq Ft
04/13/2012 04/13/12 Sold $298,000 +1.0% $106 / Sq Ft
02/29/2012 02/29/12 Pending -- -- --
02/14/2012 02/14/12 For Sale $295,000 -- $105 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Diana L. Rugh

    Seller's Agent in 2020

    Diana L. Rugh

    David Lyng Real Estate

    (831) 345-7817

    1 in this area

    20 Total Sales

    Diana L. Rugh
    Section Image
  • Peter Boggs

    Buyer's Agent in 2020

    Peter Boggs

    Coldwell Banker Realty

    (831) 884-3919

    1 in this area

    95 Total Sales

    Peter Boggs
    Section Image
  • Dale Handley

    Seller's Agent in 2012

    Dale Handley

    Town'N Country Realty

    (831) 424-0001

    5 in this area

    92 Total Sales

    Dale Handley
    Section Image
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Map

Source: MLSListings

MLS Number: ML81784649

MLSListings

APN: 004-231-013

California Monterey County Salinas 93905 East Salinas

1049 Acosta St, Salinas, CA

This home is located at 1049 Acosta St, Salinas, CA 93905 since 28 February 2020. This property was built in 1946. 1049 Acosta St is a home located in Monterey County with nearby schools including Jesse G. Sanchez Elementary School, El Sausal Middle School, and Alisal High School.

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