NOT LISTED FOR SALE

1133 Pajaro St Salinas, CA 93901

South Salinas Neighborhood
4 Beds
3 Baths
2,270 Sq Ft
6,399 Sq Ft Lot

Last Sold February 13, 2023

Last sale price $974,400 $429 Per Sq Ft

5 Days on Market

Highlights

  • Tile Countertops
  • Level Lot
  • 1-Story Property
  • Washer and Dryer
  • Carpet

About This Home

As of February 2023

Once in a lifetime South Salinas triplex is now available. The site is a short distance to restaurants, grocery stores, coffee shops, banks, drug stores, gyms, Salinas Valley Hospital & medical offices, and many other services. The complex features three free-standing buildings. 1133 Pajaro is a one-bedroom / one-bathroom unit that has a large bedroom and living room. 1135 Pajaro is a one-bedroom / one-bathroom unit with a large living room and bedroom. This unit also has a private back patio for entertaining and relaxation. 1137 Pajaro is a two-bedroom / one-bathroom unit with an extremely large living room. Each building has its own numeric mailing address, water meter, gas water heater, laundry hookups, garbage cans, & PG&E meters. The units have many upgrades including Milgrard vinyl windows, LVT flooring, tiled shower surrounds, and newer kitchen and bathroom cabinets. The roof and gutters are 15 years old. Each unit has its own carport.

Last Agent to Sell the Property

Hap Albers

Albers Real Estate Investment Company License #01006595 Listed on: 01/07/2023

Last Buyer's Agent

Norm Yop

Norm Yop, Inc., Realtors License #00407139

Property Details

Home Type

  • Multi-Family

Year Built

  • 1953

Lot Details

  • 6,399 Sq Ft Lot
  • Level Lot

Home Design

  • Triplex
  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,270 Sq Ft Home
  • 1-Story Property
  • Washer and Dryer

Kitchen

  • Electric Oven
  • Range Hood
  • Tile Countertops
  • Formica Countertops

Flooring

  • Carpet
  • Laminate
  • Vinyl

Parking

  • 3 Carport Spaces
  • On-Street Parking
  • Off-Street Parking

Utilities

  • Wall Furnace
  • Vented Exhaust Fan
  • Heating System Uses Gas
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $65,724

Community Details

Overview

  • 2,270 Sq Ft Building

Building Details

  • 3 Leased Units
  • Gardener Expense $1,800
  • Insurance Expense $1,053
  • Maintenance Expense $2,150
  • Manager Expense $3,823
  • Other Expense $500
  • Utility Expense $1,564
  • Operating Expense $22,664
  • Gross Income $63,752

Property Details

Home Type

Multi-Family

Year Built

1953

Lot Details

0

Listing Details

  • Zoning: Residential High Density
  • Subclass: Triplex
  • Age: 70
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2270
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1953

Interior Features

  • Kitchen: Countertop - Formica, Countertop - Tile, Exhaust Fan, Hood Over Range, Oven Range - Electric, Refrigerator
  • Living Sq Ft: 2270
  • Stories: 1
  • Laundry: Washer/Dryer - Some Units
  • Flooring: Carpet, Laminate, Vinyl / Linoleum

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Parking Features: Off-Street Parking, On Street
  • Carport Min: 3

Utilities

  • Heating System: Gas, Wall Furnace
  • Sewer/Septic System: Sewer Connected

Schools

  • School District: Salinas Union High
  • Middle School: Washington Middle
  • High School: Salinas High
  • High School: 583
  • Middle School: 584

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.1469
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6398.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6398.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 14.83
  • Number Of Leased: 3

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expense Insurance: 1053
  • Expense Landscape: 1800
  • Expense Maintenance: 2150
  • Expense Management: 3823
  • Expenses Other: 500
  • Expenses Total: 22664
  • Expenses Utility: 1564
  • Income Annual Gross: 63752.00
  • Income Annual Rental: 65724
  • Income Gross Scheduled: 65724
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 3
  • Operating Expenses Include: Fee - Property Management, Fee - Property Tax, Insurance, Maintenance - Repair, Services - Sewer, Vacancy Factor
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Hot Water, Utilities - Water
  • Vacancy Factor: 3

Range of Values:

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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
02/13/2023 02/13/23 Sold $974,400 -0.1% $429 / Sq Ft
01/13/2023 01/13/23 Pending -- -- --
01/07/2023 01/07/23 For Sale $975,000 -- $430 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Hap Albers

    Seller's Agent in 2023

    Hap Albers

    Albers Real Estate Investment Company

    (408) 893-6002

    10 in this area

    63 Total Sales

    Hap Albers
    Section Image
  • Norm Yop

    Buyer's Agent in 2023

    Norm Yop

    Norm Yop, Inc., Realtors

    (831) 206-6310

    18 in this area

    72 Total Sales

    Norm Yop
    Section Image
  • Marsa Hansen

    Buyer Co-Listing Agent in 2023

    Marsa Hansen

    Norm Yop, Inc., Realtors

    (831) 917-3335

    17 in this area

    64 Total Sales

    Section Image
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Map

Source: MLSListings

MLS Number: ML81915747

MLSListings

APN: 002-671-041

California Monterey County Salinas 93901 South Salinas

1133 Pajaro St, Salinas, CA

This home is located at 1133 Pajaro St, Salinas, CA 93901 since 07 January 2023. This property was built in 1953. 1133 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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