NOT LISTED FOR SALE

17801 Pesante Rd Salinas, CA 93907

8 Beds
4 Baths
3,117 Sq Ft
0.34 Acres

Last Sold January 08, 2021

Last sale price $1,100,000 $353 Per Sq Ft

9 Days on Market

Highlights

  • Cottage
  • Walk-In Closet
  • Fenced
  • Tandem Parking
  • Forced Air Heating System
  • Grass Covered Lot

About This Home

As of January 2021

Great opportunity to own a super clean 4 plex in a convenient location right off Hwy 101 in the Prunedale area. Each unit was remodeled, with new kitchens, new appliances and new bathrooms in 2017 & 2018 and each features 2 bedrooms with 1 bath, its own laundry area, back yard and patio and its own 1 car garage. You could live in one while renting the other 3, or just rent them all, either way with rents around $1800 each, it is a solid long term investment. This complex is a very rare find in North County and a great opportunity, please drive by first then contact your agent to arrange a showing.

Last Agent to Sell the Property

Monterey Peninsula Home Team

KW Coastal Estates License #70000352 Listed on: 10/16/2020

KW Coastal Estates

Last Buyer's Agent

Beverly Sims

Cambridge Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • 1961

Lot Details

  • 0.34 Acre Lot
  • Fenced
  • Lot Sloped Up
  • Grass Covered Lot
  • Back Yard

Parking

  • 4 Car Garage
  • Tandem Parking
  • Off-Street Parking

Home Design

  • Quadruplex
  • Cottage
  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Walk-In Closet
  • 3,117 Sq Ft Home
  • 1-Story Property
  • Carpet
  • Washer and Dryer Hookup

Kitchen

  • Built-In Oven
  • Electric Cooktop
  • Range Hood
  • Dishwasher
  • Laminate Countertops
  • Disposal

Utilities

  • Forced Air Heating System
  • Separate Meters
  • 220 Volts
  • Individual Gas Meter
  • Co-Op Water
  • Septic Tank

Listing and Financial Details

  • Total Actual Rent $88,800

Community Details

Overview

Building Details

  • 4 Leased Units
  • Insurance Expense $1
  • Maintenance Expense $1
  • Operating Expense $3
  • Gross Income $88,800

Property Details

Home Type

Multi-Family

Year Built

1961

Lot Details

0

Parking

4

Listing Details

  • Zoning: R2
  • Subclass: Fourplex
  • Style: Cottage
  • Age: 59
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3117
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1961

Interior Features

  • Kitchen: 220 Volt Outlet, Cooktop - Electric, Countertop - Laminate, Dishwasher, Garbage Disposal, Hood Over Range, Oven - Built-In
  • Living Sq Ft: 3117
  • Stories: 1
  • Laundry: Hookups Only
  • Flooring: Carpet

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Composition
  • Yard/Grounds: Back Yard, Fenced, Low Maintenance
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 4
  • Parking Spaces: 1
  • Garage Parking Features: Attached Garage, Off-Street Parking, Tandem Parking

Utilities

  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Septic Connected

Association/Amenities

  • Amenities Miscellaneous: Walk-In Closet

Schools

  • School District: North Monterey County Unified

Lot Info

  • Lot Description: Grade - Sloped Up
  • Lot Acres: 0.3400
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 14810.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 14810.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease
  • Gross Rent Multiplier: 14.36
  • Number Of Leased: 4

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expense Insurance: 1
  • Expense Maintenance: 1
  • Expenses Total: 3
  • Income Annual Gross: 88800.00
  • Income Annual Rental: 88800
  • Income Gross Scheduled: 88800
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Insurance, Maintenance - Repair, Vacancy Factor
  • Tenant Expenses: All Expenses

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
01/08/2021 01/08/21 Sold $1,100,000 -13.7% $353 / Sq Ft
10/26/2020 10/26/20 Pending -- -- --
10/16/2020 10/16/20 For Sale $1,275,000 -- $409 / 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: ML81816082

MLSListings

APN: 125-391-017