Monica Wason
M2 Realty Group
(831) 275-1395
32 Total Sales
1 in Northridge
$620,000 Price
1267 Cherokee Dr Salinas, CA 93906
Northridge Neighborhood
6
Beds
3
Baths
2,448
Sq Ft
8,551
Sq Ft Lot
About This Home
As of December 2024PLEASE do not go onto the property without an appt! Looking for an opportunity of a lifetime? Then stop looking because this is the property for you! 1267 Cherokee Dr is located here in North Salinas CA. This triplex offers - 3 single level apartments, approx. 795sf each unit - a community laundry room with coin operated washer and dryers that brings in extra income. - and 6 assessable parking spaces for off-street parking. The individual units offer 2 oversized bedrooms and 1 full bathroom, galley style kitchen and large spacious living room. The opportunities are endless! - they would make a good investment to add to your portfolio - live in one and rent the others to help make your mortgage payment! - or would make a great family compound Each property would be purchased separately Located in the heart of north Salinas, with quick access to Hwy 101, near all major shopping centers and public transportation makes it a good place to put down some roots! You won't want to let this opportunity pass you by!
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Property Details
Home Type
- Multi-Family
Year Built
- 1976
Lot Details
- 8,551
Home Design
- Triplex
- Slab Foundation
- Composition Roof
Interior Spaces
- 2,448 Sq Ft Home
- 1-Story Property
Parking
- On-Street Parking
- Assigned Parking
Additional Features
- 8,551 Sq Ft Lot
- Wall Furnace
Listing and Financial Details
- Total Actual Rent $64,200
Community Details
Overview
Amenities
- Coin Laundry
Building Details
- 3 Leased Units
- Gardener Expense $1,015
- Insurance Expense $10,472
- Maintenance Expense $1,900
- Manager Expense $6,620
- Other Expense $310
- Utility Expense $5,509
- Operating Expense $28,116
- Gross Income $64,200
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 5, 2024
Closed on
Dec 10, 2024
Sold by
Chu Family Revocable Trust and Chu Louise Y
Bought by
Seller's Agent
Chantel Henson
Compass
Buyer's Agent
Betty Stringer
Compass
List Price
$939,000
Sold Price
$925,000
Premium/Discount to List
-$14,000
-1.49%
Views
39
Purchase Details
Closed on
Sep 28, 1994
Sold by
Chu Michael L and Chu Louise Y
Bought by
Chu Michael L and Chu Louise Y
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Northridge, CA
-
Monica Wason
-
Erica Perez
Erica Perez
Coldwell Banker Realty
(831) 220-3677
54 Total Sales
2 in Northridge
$575K - $593K Price Range
-
Mike Valdez
Mike Valdez
CENTURY 21 Masters
(831) 250-9608
21 Total Sales
1 in Northridge
$665,000 Price
-
Eric Wason
Eric Wason
M2 Realty Group
(831) 243-4238
10 Total Sales
2 in Northridge
$620K - $625K Price Range
-
Clara Rivera Luna
Clara Rivera Luna
Ikonik Realty
(831) 230-7042
25 Total Sales
1 in Northridge
$695,000 Price
-
Jorge Edeza
Jorge Edeza
Remax Property Experts
(831) 273-8618
106 Total Sales
7 in Northridge
$195K - $730K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $925,000 | Chicago Title | ||
| Chu Michael L | -- | -- |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/12/2024 12/12/24 | Sold | $925,000 | -1.5% | $378 / Sq Ft |
| 11/26/2024 11/26/24 | Pending | -- | -- | -- |
| 11/05/2024 11/05/24 | For Sale | $939,000 | -- | $384 / Sq Ft |
Source: MLSListings
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $11,579 | $943,500 | $408,000 | $535,500 |
| 2025 | $2,368 | $925,000 | $400,000 | $525,000 |
| 2024 | $2,368 | $925,000 | $400,000 | $525,000 |
| 2023 | $2,290 | $192,473 | $45,344 | $147,129 |
| 2022 | $2,204 | $188,700 | $44,455 | $144,245 |
| 2021 | $2,118 | $185,001 | $43,584 | $141,417 |
| 2020 | $2,061 | $183,105 | $43,138 | $139,967 |
| 2019 | $2,044 | $179,516 | $42,293 | $137,223 |
| 2018 | $2,016 | $175,997 | $41,464 | $134,533 |
| 2017 | $2,018 | $172,547 | $40,651 | $131,896 |
| 2016 | $2,019 | $169,164 | $39,854 | $129,310 |
| 2015 | -- | $166,624 | $39,256 | $127,368 |
| 2014 | -- | $163,362 | $38,488 | $124,874 |
Source: Public Records
Agents Affiliated with this Home
-
Chantel Henson
Seller's Agent in 2024
Chantel Henson
Compass
(831) 809-4100
7 in this area
113 Total Sales
-
Betty Stringer
Seller Co-Listing Agent in 2024
Betty Stringer
Compass
(831) 801-0730
5 in this area
92 Total Sales
-
MP
Buyer Co-Listing Agent in 2024
Mr Photographer
Map
Source: MLSListings
MLS Number: ML81984852
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