NOT LISTED FOR SALE

18901 Lohman St Unit 5 Salinas, CA 93906

Bolsa Knolls Neighborhood
6 Beds
6 Baths
3,284 Sq Ft
8,233 Sq Ft Lot

Last Sold June 12, 2016

Last sale price $580,000 $177 Per Sq Ft

6 Days on Market

Highlights

  • 2 Car Attached Garage
  • Secured Garage or Parking
  • Tile Flooring
  • Tile Countertops
  • Laundry Room

About This Home

As of June 2016

Looking for an income producing property? Want to live in one and rent the other's to help make your mortgage payment ? Don't miss this Triplex in North Salinas. Each unit has it's own 2 car garage, indoor laundry room, fully equipped kitchen complete with dishwasher, Extra Extra Large Master bedroom. Kitchen and living spaces located downstairs with half bath, All bedrooms, full bath and laundry room upstairs. Small fenced patio off living room. Exterior Fully Painted in 2014.

Last Agent to Sell the Property

Michelle Russell

Shankle Real Estate License #01944339 Listed on: 04/21/2016

Shankle Real Estate

Last Buyer's Agent

Julia Martin

Blue Moon Realty License #01706937

Property Details

Home Type

  • Multi-Family

Year Built

  • 1979

Lot Details

  • 8,233 Sq Ft Lot

Parking

  • 2 Car Attached Garage
  • Secured Garage or Parking

Home Design

  • Triplex
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 3,284 Sq Ft Home
  • 2-Story Property

Kitchen

  • Electric Oven
  • Dishwasher
  • Tile Countertops

Flooring

  • Carpet
  • Tile
  • Vinyl

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Utilities

  • Wall Furnace
  • 220 Volts

Listing and Financial Details

  • Total Actual Rent $44,820

Community Details

Overview

Building Details

  • 3 Leased Units
  • Insurance Expense $1,031
  • Maintenance Expense $2,908
  • Manager Expense $2,562
  • Utility Expense $1,328
  • Trash Expense $780
  • Operating Expense $12,229
  • Gross Income $44,372

Property Details

Home Type

Multi-Family

Year Built

1979

Lot Details

0

Parking

2

Listing Details

  • Zoning: R-3
  • Subclass: Triplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3284
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1979

Interior Features

  • Kitchen: 220 Volt Outlet, Countertop - Tile, Dishwasher, Oven Range - Electric, Refrigerator
  • Living Sq Ft: 3284
  • Stories: 2
  • Security: Secured Garage / Parking
  • Laundry: Hookups Only
  • Flooring: Carpet, Tile, Vinyl / Linoleum
  • Additional Rooms: Laundry Room

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Attached Garage

Utilities

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

Lot Info

  • Lot Acres: 0.1890
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8245.91
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8245.91

Rental Info

  • Existing Lease Term(s): Month To Month, Security Deposit
  • Gross Rent Multiplier: 13.39
  • Number Of Leased: 3

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1031
  • Expense Maintenance: 2908
  • Expense Management: 2562
  • Expenses Total: 12229
  • Expenses Utility: 1328
  • Expense Trash: 780
  • Income Annual Gross: 44372.00
  • Income Annual Rental: 44820
  • Income Gross Scheduled: 44820
  • Income Includes: Rents
  • Meters: Separate Common Area, Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Management, Maintenance, Services - Trash Removal, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Water
  • Vacancy Factor: 1

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
06/12/2016 06/12/16 Sold $580,000 -3.3% $177 / Sq Ft
04/28/2016 04/28/16 Pending -- -- --
04/21/2016 04/21/16 For Sale $600,000 -- $183 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2016

    Michelle Russell

    Shankle Real Estate

    Section Image

  • J

    Buyer's Agent in 2016

    Julia Martin

    Blue Moon Realty

    Section Image
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Map

Source: MLSListings

MLS Number: ML81581404

MLSListings

APN: 253-132-004

California Monterey County Salinas 93906 Bolsa Knolls

18901 Lohman St Unit 5, Salinas, CA

Not Listed for Sale

MultiFamily

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