NOT LISTED FOR SALE

127 N Madeira Ave Salinas, CA 93905

East Salinas Neighborhood
3 Beds
-- Bath
1,616 Sq Ft
1931 Built

Last Sold June 29, 2012

Last sale price $180,000 $111 Per Sq Ft

10 Days on Market

About This Home

As of June 2012

Wonderful opportunity and investment with 3 units all rented. Main house has 3 bedrooms and property has two studios which have been recently remodeled. Plenty of parking. Wont last long at this price

Last Agent to Sell the Property

Scott Craig

Town'N Country Realty License #01342579 Listed on: 05/15/2012

Town'N Country Realty

Last Buyer's Agent

Gene Griffin

Global Estates & Mortgage License #01003929

Global Estates & Mortgage

Property Details

Home Type

  • Multi-Family

Year Built

  • 1931

Parking

  • Off-Street Parking

Home Design

  • 1,616 Sq Ft Home
  • Triplex
  • Composition Roof
  • Concrete Perimeter Foundation

Utilities

  • Wall Furnace
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $2,300

Community Details

Overview

  • 3 Units
  • 1,616 Sq Ft Building

Building Details

  • Gross Income $2,300

Property Details

Home Type

Multi-Family

Year Built

1931

Lot Details

0

Listing Details

  • Zoning: Multi
  • Subclass: Triplex
  • Inspections Reports: Fault Zone, Flood Zone
  • Sale Price Per Sq Ft: 111.39
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 3
  • Min Numberof Unitsin Complex: 3
  • Structure Sq Ft: 1616
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1931

Interior Features

  • Living Sq Ft: 1616
  • Laundry: Laundry - No

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Garage Parking Features: Off-Street Parking

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Lot Info

  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5603.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 5603.00
  • Lot Size Area Min Search: 5603.00
  • Maximum Lot Size: 5603.00

Rental Info

  • Existing Lease Term(s): Month To Month, Less Than 1 Yr
  • Gross Rent Multiplier: 80.39

Multi Family

  • Income Annual Gross: 2300.00
  • Income Annual Rental: 2300
  • Income Gross Scheduled: 2300
  • Meters: Separate Water
  • Number Of Buildings: 2
  • Operating Expenses Include: Miscellaneous/Other
  • Tenant Expenses: Utilities - Gas, Utilities - Water, Utilities - Heating, Utilities - Electric

Range of Values:

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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
06/29/2012 06/29/12 Sold $180,000 -2.7% $111 / Sq Ft
05/25/2012 05/25/12 Pending -- -- --
05/15/2012 05/15/12 For Sale $184,900 -- $114 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Scott Craig

    Seller's Agent in 2012

    Scott Craig

    Town'N Country Realty

    (831) 214-2651

    99 Total Sales

    Scott Craig
    Section Image

  • G

    Buyer's Agent in 2012

    Gene Griffin

    Global Estates & Mortgage

    Section Image
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Map

Source: MLSListings

MLS Number: ML81218282

MLSListings

APN: 004-011-006

California Monterey County Salinas 93905 East Salinas

127 N Madeira Ave, Salinas, CA

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