NOT LISTED FOR SALE

220 Soledad St Salinas, CA 93901

Downtown Salinas Neighborhood
6 Beds
4 Baths
2,830 Sq Ft
6,534 Sq Ft Lot

Last Sold May 16, 2013

Last sale price $337,000 $119 Per Sq Ft

48 Days on Market

About This Home

As of May 2013

New on the market! This well maintained triplex building in South Salinas is a great investment opportunity. Property has 2 townhouses with a small house in front. Townhouses are 2 bed/1.5 bath and the house is 2 bed/1 bath. Each unit has been well maintained and is very clean. Rents are below market and one townhouse is currently vacant.

Last Agent to Sell the Property

Greg Piini

Piini Realty License #01889295 Listed on: 10/30/2012

Last Buyer's Agent

Ann Albanese-Freeman

Coldwell Banker Realty License #01181084

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • 1950

Lot Details

  • 6,534

Parking

  • Carport

Home Design

  • Triplex
  • Composition Roof

Interior Spaces

  • 2,830 Sq Ft Home
  • 2-Story Property
  • Oven or Range
  • Gas Dryer Hookup

Flooring

  • Carpet
  • Tile
  • Vinyl

Utilities

  • Wall Furnace
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $30,768
  • The owner pays for garbage, services - gardener/landscaping

Community Details

Overview

  • 3 Units
  • 2,830 Sq Ft Building

Building Details

  • Gardener Expense $787
  • Insurance Expense $1,211
  • Maintenance Expense $783
  • Manager Expense $2,143
  • Trash Expense $1,183
  • Operating Expense $8,813
  • Gross Income $29,230

Property Details

Home Type

Multi-Family

Year Built

1950

Lot Details

0

Listing Details

  • Zoning: RM2.9
  • Subclass: Triplex
  • Age: 63
  • Inspections Reports: Flood Zone
  • Sale Price Per Sq Ft: 119.08
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 3
  • Min Numberof Unitsin Complex: 3
  • Structure Sq Ft: 2830
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1950

Interior Features

  • Kitchen: Oven Range, Varies By Unit, Refrigerator
  • Living Sq Ft: 2830
  • Stories: 2
  • Laundry: Gas Hookup, In Some Units
  • Flooring: Carpet - Area, Tile, Vinyl / Linoleum, Carpet, Varies By Unit

Exterior Features

  • Roof: Composition
  • View: Local/Neighborhood

Garage/Parking

  • Garage Parking Features: Carport

Utilities

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

Schools

  • School District: Salinas Union High

Lot Info

  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6429.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 6429.00
  • Lot Size Area Min Search: 6429.00
  • Maximum Lot Size: 6429.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 11.38

Multi Family

  • Expense Insurance: 1211
  • Expense Landscape: 787
  • Expense Maintenance: 783
  • Expense Management: 2143
  • Expenses Total: 8813
  • Expense Trash: 1183
  • Expense Water Sewer: 1800
  • Income Annual Gross: 29230.00
  • Income Annual Rental: 30768
  • Income Gross Scheduled: 30768
  • Income Includes: Lease
  • Maximum Building Height: 2
  • Meters: Separate Electric, Separate Gas
  • Minimum Building Height: 2
  • Number Of Buildings: 2
  • Operating Expenses Include: Services - Trash Removal, Services - Gardener, Insurance, Maintenance - Repair, Fee - Property Management, Fee - Property Tax, Services - Sewer, Utilities - Water
  • Owner Pays: Garbage, Services - Gardener/Landscaping
  • Tenant Expenses: Utilities - Gas, Cable Tv, Utilities - Electric
  • Vacancy Amount: 1538
  • Vacancy Factor: 5

Range of Values:

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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 Change Sq Ft Price
05/16/2013 05/16/13 Sold $337,000 -10.1% $119 / Sq Ft
12/17/2012 12/17/12 Pending -- -- --
10/30/2012 10/30/12 For Sale $375,000 -- $133 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Greg Piini

    Seller's Agent in 2013

    Greg Piini

    Piini Realty

    (831) 422-5327

    1 in this area

    46 Total Sales

    Greg Piini
    Section Image
  • Ann Albanese-Freeman

    Buyer's Agent in 2013

    Ann Albanese-Freeman

    Coldwell Banker Realty

    (831) 594-5939

    36 Total Sales

    Section Image
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Map

Source: MLSListings

MLS Number: ML81239451

MLSListings

California Monterey County Salinas 93901 Downtown Salinas

220 Soledad St, Salinas, CA

This home is located at 220 Soledad St, Salinas, CA 93901 since 30 October 2012. This property was built in 1950. 220 Soledad St is a home located in Monterey County with nearby schools including Sherwood Elementary School, Los Padres Elementary School, and Washington Middle School.

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