NOT LISTED FOR SALE

1112 Pacific Ave Salinas, CA 93905

East Salinas Neighborhood
6 Beds
3 Baths
2,542 Sq Ft
6,085 Sq Ft Lot

Last Sold March 15, 2019

Last sale price $622,000 $245 Per Sq Ft

20 Days on Market

Highlights

  • Guest Parking
  • Grass Covered Lot
  • Heating System Uses Gas
  • Fenced

About This Home

As of March 2019

This Complex features 3 units with 2 bedrooms and one bathroom each. One unit is located above the carport and two units on the first floor. Large lot (6087 sq ft) with a carport for 3 cars and more uncovered parking spaces in front. Rents vary for each unit. Near schools, shopping centers and other amenities.

Last Agent to Sell the Property

Josephine Duque

Berkshire Hathaway HS Real Time Realty License #01940946 Listed on: 01/15/2019

Berkshire Hathaway HS Real Time Realty

Co-Listed By

Sigifredo Ponce

Berkshire Hathaway HS Real Time Realty License #01740281

Last Buyer's Agent

Leidi Godoy

Coldwell Banker/Gay Dales License #01727089

Coldwell Banker/Gay Dales

Property Details

Home Type

  • Multi-Family

Year Built

  • 1965

Lot Details

  • 6,085 Sq Ft Lot
  • Fenced
  • Grass Covered Lot

Home Design

  • Triplex
  • Wood Frame Construction
  • Tar and Gravel Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,542 Sq Ft Home
  • 2-Story Property

Parking

  • 3 Parking Spaces
  • 3 Carport Spaces
  • Guest Parking

Utilities

  • Heating System Uses Gas
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $53,100

Community Details

Overview

Building Details

  • 3 Leased Units
  • Insurance Expense $761
  • Other Expense $608
  • Utility Expense $1,140
  • Trash Expense $2,628
  • Operating Expense $8,137
  • Gross Income $52,569

Property Details

Home Type

Multi-Family

Year Built

1965

Lot Details

0

Listing Details

  • Zoning: R-L. 5.5
  • Subclass: Triplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2542
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1965

Interior Features

  • Living Sq Ft: 2542
  • Stories: 2

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Tar And Gravel
  • Yard/Grounds: Fenced, Low Maintenance
  • Construction Type: Wood Frame

Garage/Parking

  • Parking Spaces: 3
  • Garage Parking Features: Carport, Guest / Visitor Parking
  • Carport Min: 3

Utilities

  • Heating System: Electric, Gas
  • Sewer/Septic System: Sewer - Public

Schools

  • High School: 577

Lot Info

  • Lot Description: Regular
  • Lot Acres: 0.1397
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6087.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6087.00

Rental Info

  • Existing Lease Term(s): Lease Agreement - Written
  • Gross Rent Multiplier: 12.24
  • Number Of Leased: 3

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expense Insurance: 761
  • Expenses Other: 608
  • Expenses Total: 8137
  • Expenses Utility: 1140
  • Expense Trash: 2628
  • Income Annual Gross: 52569.00
  • Income Annual Rental: 53100
  • Income Gross Scheduled: 53100
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 1
  • Tenant Expenses: Maintenance - Exterior, Maintenance - Interior, Services - Gardener/Landscaping, Utilities - Electric, Utilities - Gas, Utilities - Water
  • Vacancy Factor: 1

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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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
03/15/2019 03/15/19 Sold $622,000 -4.3% $245 / Sq Ft
02/05/2019 02/05/19 Pending -- -- --
01/15/2019 01/15/19 For Sale $650,000 -- $256 / 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 $9,104 $693,848 $334,654 $359,194
2024 $9,104 $680,244 $328,093 $352,151
2023 $8,939 $666,907 $321,660 $345,247
2022 $8,046 $653,831 $315,353 $338,478
2021 $8,051 $641,012 $309,170 $331,842
2020 $7,964 $634,440 $306,000 $328,440
2019 $5,259 $395,786 $101,311 $294,475
2018 $4,959 $388,026 $99,325 $288,701
2017 $5,148 $380,419 $97,378 $283,041
2016 $4,884 $372,961 $95,469 $277,492
2015 $4,842 $367,359 $94,035 $273,324
2014 $3,517 $270,000 $60,000 $210,000
Source: Public Records

Agents Affiliated with this Home

  • Josephine Duque

    Seller's Agent in 2019

    Josephine Duque

    Berkshire Hathaway HS Real Time Realty

    (831) 214-0721

    11 Total Sales

    Josephine Duque
    Section Image
  • Sigifredo Ponce

    Seller Co-Listing Agent in 2019

    Sigifredo Ponce

    Berkshire Hathaway HS Real Time Realty

    (831) 261-3758

    12 in this area

    189 Total Sales

    Sigifredo Ponce
    Section Image
  • Leidi Godoy

    Buyer's Agent in 2019

    Leidi Godoy

    Coldwell Banker/Gay Dales

    (831) 320-0117

    3 in this area

    38 Total Sales

    Leidi Godoy
    Section Image
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Map

Source: MLSListings

MLS Number: ML81735409

MLSListings

APN: 004-382-007

California Monterey County Salinas 93905 East Salinas

1112 Pacific Ave, Salinas, CA

Not Listed for Sale

MultiFamily

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