$825,000
SOLD JAN 14, 2025
4 Beds
3 Baths
2,174 Sq Ft
8,594 Sq Ft Lot

Recently Sold

$379 Per Sq Ft

8% Below List Price

47 Days on Market

About This Home

As of January 2025

Single Level 2 bedroom 1 bath house and a Separate 1 bedroom 1 bath Duplex on a large lot. Deep driveway with plenty of parking!

Last Agent to Sell the Property

Oscar Gutierrez

Bailey Properties License #01446932 Listed on: 04/26/2024

Last Buyer's Agent

Monterey Peninsula Home Team

KW Coastal Estates License #70000352

KW Coastal Estates

Property Details

Home Type

  • Multi-Family

Year Built

  • 1936

Home Design

  • Triplex
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,174 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Parking

  • 6 Parking Spaces
  • Covered Parking

Additional Features

  • 8,594 Sq Ft Lot
  • Wall Furnace

Listing and Financial Details

  • Total Actual Rent $52,800

Community Details

Overview

  • 2,174 Sq Ft Building

Building Details

  • 3 Leased Units
  • Insurance Expense $2,500
  • Operating Expense $5,500
  • Gross Income $52,800

Property Details

Home Type

Multi-Family

Year Built

1936

Lot Details

0

Listing Details

  • Zoning: Multi Res
  • Subclass: Triplex
  • Age: 88
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2174
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1936

Interior Features

  • Living Sq Ft: 2174
  • Stories: 1
  • Flooring: Tile

Exterior Features

  • Foundation: Concrete Perimeter

Garage/Parking

  • Parking Spaces: 6
  • Garage Parking Features: Common Parking Area, Parking Area

Utilities

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

Schools

  • School District: Salinas Union High

Lot Info

  • Lot Acres: 0.1973
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8596.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8596.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 17.05
  • Number Of Leased: 3

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 2500
  • Expenses Total: 5500
  • Income Annual Gross: 52800.00
  • Income Annual Rental: 52800
  • Income Gross Scheduled: 52800
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 2
  • Operating Expenses Include: Fee - Property Tax, Loan - Mortgage
  • Tenant Expenses: Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Hot Water, Utilities - Water

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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
01/14/2025 01/14/25 Sold $825,000 -8.3% $379 / Sq Ft
06/13/2024 06/13/24 Pending -- -- --
04/26/2024 04/26/24 For Sale $900,000 -- $414 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81963296

MLSListings

APN: 003-271-032