NOT LISTED FOR SALE

1112 C St Salinas, CA 93905

East Salinas Neighborhood
9 Beds
5 Baths
3,294 Sq Ft
0.3 Acres

Last Sold October 21, 2021

Last sale price $819,000 $249 Per Sq Ft

3 Days on Market

Highlights

  • Tile Flooring
  • Washer and Dryer
  • 1-Story Property

About This Home

As of October 2021

Great Income Property, four units and close to schools. Unit 1: Front House Detached 3 Bedroom 1.5 Bathroom with washer and dryer hookups in laundry room. Unit 2: Detached 2 Bedroom 1 Bathroom Unit 3: Attached 2 Bedroom 1 Bathroom Unit 4: Attached 2 Bedroom 1 Bathroom All Tenant Occupied Open Parking

Last Agent to Sell the Property

Heidi Daniels

CENTURY 21 Masters License #01417914 Listed on: 10/01/2021

CENTURY 21 Masters

Last Buyer's Agent

Sara Pantoja

CENTURY 21 Masters License #01180215

CENTURY 21 Masters

Property Details

Home Type

  • Multi-Family

Year Built

  • 1936

Lot Details

  • 0.3

Home Design

  • Quadruplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,294 Sq Ft Home
  • 1-Story Property
  • Washer and Dryer

Flooring

  • Carpet
  • Laminate
  • Tile

Parking

  • 6 Parking Spaces
  • No Garage
  • Covered Parking
  • Unassigned Parking

Additional Features

  • 0.3 Acre Lot
  • Wall Furnace

Listing and Financial Details

  • Total Actual Rent $41,040

Community Details

Overview

  • 3,294 Sq Ft Building

Building Details

  • 4 Leased Units
  • Manager Expense $2,700
  • Other Expense $1,800
  • Trash Expense $2,880
  • Operating Expense $11,750
  • Gross Income $41,040

Property Details

Home Type

Multi-Family

Year Built

1936

Lot Details

0

Listing Details

  • Zoning: Multi Family Residential
  • Subclass: Fourplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3294
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1936

Interior Features

  • Living Sq Ft: 3294
  • Stories: 1
  • Laundry: Washer/Dryer - Some Units
  • Flooring: Carpet, Laminate, Tile

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Parking Spaces: 6
  • Garage Parking Features: Common Parking Area, No Garage, Unassigned Spaces

Utilities

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

Lot Info

  • Lot Acres: 0.2984
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 13000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 13000.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 19.96
  • Number Of Leased: 4

Multi Family

  • Utilities: Public Utilities
  • Expense Management: 2700
  • Expenses Other: 1800
  • Expenses Total: 11750
  • Expense Trash: 2880
  • Income Annual Gross: 41040.00
  • Income Annual Rental: 41040
  • Income Gross Scheduled: 41040
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 3
  • Operating Expenses Include: Services - Trash Removal, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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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 List to Sale Price per Sq Ft
10/21/2021 10/21/21 Sold $819,000 0.0% $249 / Sq Ft
10/05/2021 10/05/21 Pending -- -- --
10/01/2021 10/01/21 For Sale $819,000 -- $249 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $11,393 $869,128 $424,483 $444,645
2024 $11,393 $852,087 $416,160 $435,927
2023 $11,185 $835,380 $408,000 $427,380
2022 $10,066 $819,000 $400,000 $419,000
2021 $4,418 $348,112 $87,026 $261,086
2020 $4,370 $344,543 $86,134 $258,409
2019 $4,507 $337,789 $84,446 $253,343
2018 $4,249 $331,167 $82,791 $248,376
2017 $4,409 $324,674 $81,168 $243,506
2016 $4,184 $318,309 $79,577 $238,732
2015 $4,148 $313,529 $78,382 $235,147
2014 $3,999 $307,388 $76,847 $230,541
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2021

    Heidi Daniels

    CENTURY 21 Masters

    Section Image
  • Sara Pantoja

    Buyer's Agent in 2021

    Sara Pantoja

    CENTURY 21 Masters

    (831) 970-7390

    24 in this area

    82 Total Sales

    Sara Pantoja
    Section Image
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Map

Source: MLSListings

MLS Number: ML81865079

MLSListings

APN: 004-421-007

California Monterey County Salinas 93905 East Salinas

1112 C St, Salinas, CA

Not Listed for Sale

MultiFamily

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