$745,000

Estimated payment $4,257/month

Total Views 2,255
2 Beds
2 Baths
967 Sq Ft
$770 Price per Sq Ft

Highlights

  • Very Popular Property
  • Shed
  • Coin Laundry
  • Storage Room
  • Tile Flooring
  • Fenced

About This Home

Fully occupied duplex income property in one of South Salinas most desirable neighborhoods. Currently occupied by stable, long-term Section 8 tenants, providing reliable income with minimal turnover. Additional income is generated from on-site laundry facilities & a shed. Located in the sought-after Mission Park area of South Salinas, the property sits near Hartnell College, schools, bus lines, and major freeways, ensuring strong tenant demand. A shared driveway provides convenient parking for residents. Recent upgrades, including a new roof overlay, plumbing upgrades, updated kitchens & baths, which all add to the property's appeal and reduce near-term capital needs. The adjacent property, triplex + SFR, is also for sale & the Sellers prefer to sell both parcels together as one investment opportunity if possible...

Listing Agent

Jeff Wickum

Epique Realty License #01248741 Listed on: 07/09/2026

Epique Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • 1910

Lot Details

  • Fenced
  • Level Lot
  • Grass Covered Lot
  • Back Yard

Home Design

  • Duplex
  • Pillar, Post or Pier Foundation
  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 967 Sq Ft Home
  • 1-Story Property
  • Storage Room

Flooring

  • Carpet
  • Tile
  • Vinyl

Parking

  • 2 Parking Spaces
  • On-Street Parking
  • Off-Street Parking
  • Assigned Parking

Outdoor Features

  • Shed

Utilities

  • Wall Furnace
  • Heating System Uses Gas

Listing and Financial Details

  • Month-to-Month Lease Term

Community Details

Overview

Amenities

  • Coin Laundry

Building Details

  • 2 Leased Units
  • Gardener Expense $1,200
  • Insurance Expense $1,500
  • Maintenance Expense $1,500
  • Operating Expense $12,240
  • Gross Income $58,518

Property Details

Home Type

Multi-Family

Year Built

1910

Lot Details

5,184 Sq Ft Lot

Listing Details

  • Zoning: Multi-res
  • Subclass: Duplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 967
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1910

Interior Features

  • Living Sq Ft: 967
  • Stories: 1
  • Laundry: Coin Operated
  • Flooring: Carpet, Tile, Vinyl / Linoleum
  • Additional Rooms: Storage

Exterior Features

  • Foundation: Concrete Perimeter, Post And Pier
  • Roof: Composition
  • Yard/Grounds: Back Yard, Fenced, Low Maintenance, Storage Shed / Structure
  • Construction Type: Wood Frame

Garage/Parking

  • Parking Spaces: 2
  • Garage Parking Features: Assigned Spaces, Off-Street Parking, On Street

Utilities

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

Schools

  • High School: 583

Lot Info

  • Lot Description: Grade - Level
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5200.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5200.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease, Month To Month
  • Gross Rent Multiplier: 12.48
  • Number Of Leased: 2

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1500
  • Expense Landscape: 1200
  • Expense Maintenance: 1500
  • Expenses Total: 12240
  • Income Annual Gross: 58518.00
  • Income Annual Rental: 57312
  • Income Gross Scheduled: 59712
  • Income Includes: Storage Area
  • Income Other: 2400
  • Meters: Master Electric, Master Gas, Master Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Insurance, Loan - Principle & Interest, Maintenance
  • Tenant Expenses: Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Water
  • Vacancy Factor: 2

Map

Range of Values:

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Value Increase
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
2025 $2,800 $219,797 $75,357 $144,440
2024 $2,568 $215,488 $73,880 $141,608
2023 $2,482 $211,264 $72,432 $138,832
2022 $2,383 $207,122 $71,012 $136,110
2021 $2,290 $203,062 $69,620 $133,442
2020 $2,227 $200,981 $68,907 $132,074
2019 $2,208 $197,041 $67,556 $129,485
2018 $2,177 $193,179 $66,232 $126,947
2017 $2,179 $189,392 $64,934 $124,458
2016 $2,180 $185,679 $63,661 $122,018
2015 $2,199 $182,891 $62,705 $120,186
2014 $2,054 $179,309 $61,477 $117,832
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 Prior Sale
07/09/2026 07/09/26 For Sale $745,000 +11.2% $770 / Sq Ft
02/27/2025 02/27/25 Sold $670,000 0.0% $693 / Sq Ft View Prior Sale
01/21/2025 01/21/25 Pending -- -- --
01/08/2025 01/08/25 For Sale $670,000 -- $693 / Sq Ft
Source: MLSListings

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 Type Sale Price Title Company
Deed -- Chicago Title Company
Grant Deed $670,000 Chicago Title Company
Trustee Deed $116,500 None Available
Interfamily Deed Transfer -- Chicago Title
Grant Deed $400,000 --
Interfamily Deed Transfer -- --
Grant Deed -- --
Grant Deed -- --
Gift Deed -- --
Source: Public Records

Mortgage 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 Status Loan Amount Loan Type
Closed $502,500 New Conventional
Closed $402,500 Negative Amortization
Closed $320,000 Fannie Mae Freddie Mac
Source: Public Records

About the Listing Agent

Jeff Wickum

Epique Realty

(831) 666-0618

Section Image

Born and raised in Santa Cruz, Jeff launched his real-estate career in 1999 and quickly built a
reputation for putting clients first—a principle that continues to define his 25+ year career.

With a B.A. in Economic and Urban Geography from UC Davis, Jeff combines analytical
insight with deep local knowledge of Santa Cruz and Santa Clara counties. His understanding
of neighborhoods, microclimates, and market dynamics allows him to strategically match
buyers and sellers with

Jeff's Other Listings

  • 215 & 217 Lang St, Salinas, CA 93901

    $1,250,000

    • 5 Beds
    • 4 Baths
    • 2,031 Sq Ft
    • 215 & 217 Lang St
    • Salinas, CA

    Fully occupied 4-unit income property in one of South Salinas most desirable neighborhoods. This property combines a triplex with a detached single-family residence - offering investors immediate cash flow, simplified management, & long-term growth potential in a high-demand rental market. Currently occupied by stable, long-term Section 8 tenants, providing reliable income with minimal turnover.

    Jeff Wickum Epique Realty

    Section Image
  • 3370 Coffee Ln, Santa Cruz, CA 95062

    $1,410,000 Sold Oct 08, 2025

    • 3 Beds
    • 2 Baths
    • 1,602 Sq Ft
    • 3370 Coffee Ln
    • Santa Cruz, CA

    Here is the one you've been hoping existed but just haven't been able to find. Located in a quiet neighborhood on a short, side street that ends in a beautiful little redwood-ringed park. This spacious three bedroom, two-bathroom, single-story home is just minutes away from beach, shopping and all the required commercial amenities. The home boasts beautiful, oak hardwood floors with a spacious

    Jeff Wickum Epique Realty

  • 390 Glen Canyon Rd, Santa Cruz, CA 95060

    $1,575,000 Sold Jul 28, 2025

    • 4 Beds
    • 3 Baths
    • 1,756 Sq Ft
    • 390 Glen Canyon Rd
    • Santa Cruz, CA

    BUYERS BONUS PACKAGE !!!! Experience the ultimate Santa Cruz lifestyle in this beautifully remodeled 4-bed, 3-bath home on over half an acre of lush, usable land. Every detail has been thoughtfully updated, the kitchen & baths with permits, blending modern luxury and laid-back coastal charm. The gourmet kitchen features KitchenAid stainless steel appliances, quartz countertops, and an oversized

    Jeff Wickum Epique Realty

  • 3069 Agate Dr, Santa Clara, CA 95051

    $1,638,000 Sold Jun 22, 2026

    • 4 Beds
    • 2.5 Baths
    • 1,873 Sq Ft
    • 3069 Agate Dr
    • Santa Clara, CA

    Beautifully renovated and fully permitted home offering 1,873 sq ft of flexible living space in a desirable Santa Clara neighborhood. The layout most easily functions as a 4 bed, 2.5 bath with a spacious primary suite, but can be used as a 3 bedroom home with a legal JADU. Ideal for a growing family, multigenerational living, guests, or potential rental income. Major upgrades include new roof,

    Jeff Wickum Epique Realty

Source: MLSListings

MLS Number: ML82053604

MLSListings

APN: 002-422-007-000

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