NOT LISTED FOR SALE

1059 Pajaro St Salinas, CA 93901

South Salinas Neighborhood
4 Beds
3 Baths
2,136 Sq Ft
6,752 Sq Ft Lot

Last Sold May 15, 2019

Last sale price $700,000 $328 Per Sq Ft

7 Days on Market

Highlights

  • Traditional Architecture
  • Level Lot
  • 1-Story Property
  • Double Pane Windows
  • Carpet

About This Home

As of May 2019

Exceptionally clean triplex. Two 2 bedroom, 1 bath units and one studio. Located right next to St. Paul's Episcopal Church. All three tenants are long time tenants and would like to stay. Both 2 bedroom units are in excellent condition and kitchen and bathrooms have been remodeled. Agent has not been in studio as the tenant is rarely there. Front unit (1057 Pajaro) has an attached 1 car garage., 1057 1/2 Pajaro is the studio and is to the left of the front unit and to the rear. The carport is used by the tenant is 1059 Pajaro whose front door is to the right and to the rear of the front unit. 1059 also has full use of huge backyard and a covered patio the size of a two car garage. Please do NOT disturb tenants. Please make offers subject to inspection.

Last Agent to Sell the Property

Tom Folliard

KW Coastal Estates License #01126658 Listed on: 03/19/2019

KW Coastal Estates

Last Buyer's Agent

Bill Backus

Backus Properties License #01332230

Property Details

Home Type

  • Multi-Family

Year Built

  • 1951

Lot Details

  • 6,752 Sq Ft Lot
  • Level Lot

Parking

  • 1 Car Garage
  • 1 Carport Space
  • Uncovered Parking

Home Design

  • Triplex
  • Traditional Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation
  • Masonry

Interior Spaces

  • 2,136 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Gas Oven

Flooring

  • Carpet
  • Vinyl

Utilities

  • Wall Furnace

Listing and Financial Details

  • Total Actual Rent $40,800

Community Details

Overview

Building Details

  • 3 Leased Units
  • Gardener Expense $1,200
  • Operating Expense $6,505
  • Gross Income $40,800

Property Details

Home Type

Multi-Family

Year Built

1951

Lot Details

0

Parking

1

Listing Details

  • Zoning: multi Res
  • Subclass: Triplex
  • Style: Traditional
  • Age: 68
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2136
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1951

Interior Features

  • Kitchen: Oven Range - Gas
  • Living Sq Ft: 2136
  • Stories: 1
  • Flooring: Carpet, Vinyl / Linoleum

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Composition, Shingle
  • Construction Type: Masonry, Wood Frame

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 1
  • Garage Parking Features: Attached Garage, Carport, Uncovered Parking
  • Carport Min: 1

Utilities

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

Schools

  • School District: Salinas Union High

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.1550
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6750.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6750.00

Green Features

  • Energy Features: Double Pane Windows

Rental Info

  • Existing Lease Term(s): Month To Month, Security Deposit
  • Gross Rent Multiplier: 17.52
  • Number Of Leased: 3

Multi Family

  • Utilities: Public Utilities
  • Expense Landscape: 1200
  • Expenses Total: 6505
  • Income Annual Gross: 40800.00
  • Income Annual Rental: 40800
  • Income Gross Scheduled: 40800
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Insurance, Loan - Mortgage, Maintenance, Services - Gardener, Services - Sewer, Services - Trash Removal
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Hot Water

Range of Values:

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List Price
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
05/15/2019 05/15/19 Sold $700,000 -2.1% $328 / Sq Ft
03/27/2019 03/27/19 Pending -- -- --
03/19/2019 03/19/19 For Sale $715,000 -- $335 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2019

    Tom Folliard

    KW Coastal Estates

    Section Image
  • Bill Backus

    Buyer's Agent in 2019

    Bill Backus

    Backus Properties

    (831) 262-9730

    29 in this area

    81 Total Sales

    Bill Backus
    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81743347

MLSListings

APN: 002-652-025

California Monterey County Salinas 93901 South Salinas

1059 Pajaro St, Salinas, CA

This home is located at 1059 Pajaro St, Salinas, CA 93901 since 19 March 2019. This property was built in 1951. 1059 Pajaro St is a home located in Monterey County with nearby schools including Monterey Park Elementary School, Lincoln Elementary School, and Mission Park Elementary School.

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