NOT LISTED FOR SALE
6 Beds
5 Baths
3,366 Sq Ft
7,606 Sq Ft Lot

Last Sold January 08, 2024

Last sale price $935,000 $278 Per Sq Ft

6 Days on Market

About This Home

As of January 2024

North Salinas Triplex - 3 units with 2BR/1.5BA each. Upstairs bedrooms. Carpet & vinyl flooring. Two units have attached two car garages with laundry hookups. Other unit has two single car garages with laundry hookup. Easy access to Highway 101. Mostly long term tenants. Rents have been kept lower than market rates at the owner's request. Property addresses are 12920, 12922, 12924 Barkley Drive.

Last Agent to Sell the Property

Jon Moore

Gloria Moore, Realtors License #00971842 Listed on: 11/15/2023

Last Buyer's Agent

Angela Savage

Steinbeck Real Estate, Inc. License #01934055

Property Details

Home Type

  • Multi-Family

Year Built

  • 1981

Lot Details

  • 7,606

Parking

  • 6 Car Garage

Home Design

  • 3,366 Sq Ft Home
  • Triplex
  • Slab Foundation
  • Composition Roof

Additional Features

  • 7,606 Sq Ft Lot
  • Wall Furnace

Listing and Financial Details

  • Total Actual Rent $47,200
  • Month-to-Month Lease Term

Community Details

Overview

Building Details

  • 2 Leased Units
  • Gardener Expense $840
  • Insurance Expense $3,279
  • Maintenance Expense $969
  • Manager Expense $3,145
  • Utility Expense $1,564
  • Operating Expense $15,219
  • Gross Income $47,200

Property Details

Home Type

Multi-Family

Year Built

1981

Lot Details

0

Parking

6

Listing Details

  • Zoning: R-M-2.9
  • Subclass: Triplex
  • Age: 42
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3366
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1981

Interior Features

  • Living Sq Ft: 3366

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 6
  • Garage Parking Features: Attached Garage

Utilities

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

Schools

  • School District: Salinas Union High

Lot Info

  • Lot Acres: 0.1746
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7606.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7606.00

Rental Info

  • Existing Lease Term(s): Lease(s), Month To Month, More Than 1 Yr
  • Gross Rent Multiplier: 19.60
  • Number Of Leased: 2

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 3279
  • Expense Landscape: 840
  • Expense Maintenance: 969
  • Expense Management: 3145
  • Expenses Total: 15219
  • Expenses Utility: 1564
  • Income Annual Gross: 47200.00
  • Income Annual Rental: 47200
  • Income Gross Scheduled: 47200
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Management, Fee - Property Tax, Maintenance, Services - Gardener, Services - Sewer
  • Tenant Expenses: Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Water

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
01/08/2024 01/08/24 Sold $935,000 +1.1% $278 / Sq Ft
11/21/2023 11/21/23 Pending -- -- --
11/15/2023 11/15/23 For Sale $925,000 -- $275 / 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: ML81946785

MLSListings

APN: 253-133-017