NOT LISTED FOR SALE

222 Paradise Rd Salinas, CA 93907

5 Beds
4 Baths
1,390 Sq Ft
2.5 Acres Lot

Sale Details

Date Sold: July 30, 2021

Last sale price $580,000 $417 Per Sq Ft

12 Days on Market

Highlights

  • 2.5 Acre Lot
  • Deck
  • Vaulted Ceiling
  • Canyon View
  • Wood Burning Stove
  • 2 Car Detached Garage

About This Home

As of July 2021

Think of the possibilities!! 2.5 glorious acres in the country with plenty of trees Main home is a single level 2 bed 2 bath modular on a permanent foundation with a spacious combination of family room, dining room, kitchen, and 2 car garage. The second residence is a 3 bed 2 bath mobile home with a long-term tenant. Both dwellings are well below market and are currently rented for $2,300 per month, total, on a month-to-month basis. Both are also individually metered and on their own septic systems. Great location for commuters, close to both HWY1 and HWY 101. Shopping, dining, and beaches are also just minutes away. Live in one and rent the other or keep as an income property? Make some modest improvements to increase your value even further? There are definitely options for you with this unique property. All available showing times are completely booked, no further showings, please contact your own agent if interested in writing an offer.

Last Agent to Sell the Property

Pete Deoudes

Coldwell Banker Realty License #00880679 Listed on: 07/07/2021

Coldwell Banker Realty

Last Buyer's Agent

Juliang He

Advantage Financial Services License #01869380

Property Details

Home Type

  • Multi-Family

Year Built

  • 1988

Lot Details

  • 2.5 Acre Lot
  • Lot Sloped Up
  • Back Yard

Parking

  • 2 Car Detached Garage
  • 1 Carport Space
  • Varies By Unit
  • Off-Street Parking

Property Views

  • Canyon
  • Forest

Home Design

  • Duplex
  • Permanent Foundation
  • Wood Frame Construction
  • Composition Roof
  • Modular or Manufactured Materials
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,390 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Skylights in Kitchen
  • Wood Burning Stove

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Range Hood
  • Dishwasher
  • Formica Countertops
  • Disposal

Flooring

  • Carpet
  • Vinyl

Laundry

  • Laundry Room
  • Washer and Dryer

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan
  • Separate Meters
  • 220 Volts
  • Individual Gas Meter
  • Well
  • Septic Tank

Additional Features

  • Deck
  • Farm Animals Allowed
  • Horses Potentially Allowed on Property

Listing and Financial Details

  • Total Actual Rent $27,600

Community Details

Overview

  • 1,390 Sq Ft Building

Building Details

  • 2 Leased Units
  • Insurance Expense $1,080
  • Maintenance Expense $1,200
  • Utility Expense $1,200
  • Operating Expense $5,908
  • Gross Income $27,324

Property Details

Home Type

Multi-Family

Year Built

1988

Lot Details

2.5 Acres

Parking

2

Listing Details

  • Zoning: Residential
  • Subclass: Duplex
  • Style: Ranch
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1390
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1988

Interior Features

  • Kitchen: 220 Volt Outlet, Cooktop - Gas, Countertop - Formica, Dishwasher, Exhaust Fan, Garbage Disposal, Hood Over Range, Hookups - Gas, Oven - Gas, Oven Range, Refrigerator, Skylight
  • Living Sq Ft: 1390
  • Stories: 1
  • Laundry: Washer / Dryer, Washer/Dryer - Some Units
  • Flooring: Carpet, Vinyl / Linoleum
  • Additional Rooms: Laundry Room

Exterior Features

  • Foundation: Concrete Perimeter, Permanent
  • Roof: Composition
  • View: Canyon, Forest / Woods
  • Yard/Grounds: Back Yard, Deck
  • Horse Property: Possible
  • Construction Type: Modular, Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 5
  • Garage Parking Features: Carport, Detached Garage, Off-Street Parking, Parking Area, Room For Oversized Vehicle, Varies By Unit
  • Carport Min: 1

Utilities

  • Heating System: Central Forced Air - Gas, Forced Air, Stove - Wood
  • Sewer/Septic System: Existing Septic

Association/Amenities

  • Amenities Miscellaneous: Skylight, Vaulted Ceiling

Lot Info

  • Lot Description: Farm Animals (Permitted), Grade - Sloped Up
  • Lot Acres: 2.5000
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 108900.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 108900.00

Rental Info

  • Existing Lease Term(s): Month To Month, Security Deposit
  • Gross Rent Multiplier: 18.08
  • Number Of Leased: 2

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Natural Gas, Public Utilities
  • Expense Insurance: 1080
  • Expense Maintenance: 1200
  • Expenses Total: 5908
  • Expenses Utility: 1200
  • Income Annual Gross: 27324.00
  • Income Annual Rental: 27600
  • Income Gross Scheduled: 27600
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 2
  • Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance, Utilities - Water
  • Tenant Expenses: Services - Trash Removal, Utilities - Electric, Utilities - Gas
  • Vacancy Factor: 1
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
07/30/2021 07/30/21 Sold $580,000 +16.2% $417 / Sq Ft
07/20/2021 07/20/21 Pending -- -- --
07/07/2021 07/07/21 For Sale $499,000 -- $359 / Sq Ft
Source: MLSListings

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Map

Source: MLSListings

MLS Number: ML81852287

MLSListings
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