NOT LISTED FOR SALE

279 W Alvin Dr Salinas, CA 93906

Northridge Neighborhood
9 Beds
5 Baths
3,250 Sq Ft
0.26 Acres

Last Sold September 15, 2020

Last sale price $940,000 $289 Per Sq Ft

3 Days on Market

Highlights

  • Tile Countertops
  • Carpet
  • 1-Story Property
  • Level Lot

About This Home

As of September 2020

Once in lifetime opportunity to own a very nice 4 plex in North Salinas. Three 2 bed 1 bath units & One- 3 bed 2 bath unit. Entire building is single level with a nice courtyard in the middle of building. Units sit off street with each unit having a car port parking on the exterior. Additional parking on side of unit. Property has been very well maintained. Roof is approximately 10-13 years old. Some of the units have been updated. Due to COVID 19, buyers make offers subject to viewing. Agent did not measure units or lot size, buyers to verify square footage. Sq.ft./lot size/age/schools not verified by listing agent.

Last Agent to Sell the Property

Susan Lubin-Brownlie

Coldwell Banker/Gay Dales License #01069736 Listed on: 07/24/2020

Coldwell Banker/Gay Dales

Last Buyer's Agent

Rossy Figueroa

Berkshire Hathaway HS Real Time Realty License #01757253

Berkshire Hathaway HS Real Time Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • 1969

Lot Details

  • 0.26 Acre Lot
  • Level Lot

Parking

  • 4 Carport Spaces

Home Design

  • Quadruplex
  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 3,250 Sq Ft Home
  • 1-Story Property
  • Washer and Dryer Hookup

Kitchen

  • Electric Oven
  • Tile Countertops

Flooring

  • Carpet
  • Laminate
  • Vinyl

Utilities

  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $56,550
  • Month-to-Month Lease Term

Community Details

Overview

Building Details

  • 4 Leased Units
  • Insurance Expense $2,500
  • Maintenance Expense $5,070
  • Manager Expense $4,524
  • Utility Expense $2,113
  • Trash Expense $1,443
  • Operating Expense $17,476
  • Gross Income $56,550

Property Details

Home Type

Multi-Family

Year Built

1969

Lot Details

0

Listing Details

  • Zoning: r-4
  • Subclass: Fourplex
  • Style: Ranch
  • Age: 51
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3250
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1969

Interior Features

  • Kitchen: Countertop - Tile, Oven Range - Electric, Refrigerator, Varies By Unit
  • Living Sq Ft: 3250
  • Stories: 1
  • Laundry: Hookups Only
  • Flooring: Carpet, Laminate, Vinyl / Linoleum

Exterior Features

  • Foundation: Raised
  • Roof: Composition

Garage/Parking

  • Garage Parking Features: Carport
  • Carport Min: 4

Utilities

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

Schools

  • School District: Salinas Union High

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.2606
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 11350.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 11350.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease, Month To Month
  • Gross Rent Multiplier: 17.14
  • Number Of Leased: 4

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expense Insurance: 2500
  • Expense Maintenance: 5070
  • Expense Management: 4524
  • Expenses Total: 17476
  • Expenses Utility: 2113
  • Expense Trash: 1443
  • Income Annual Gross: 56550.00
  • Income Annual Rental: 56550
  • Income Gross Scheduled: 56550
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Management, Maintenance, Miscellaneous/Other, Services - Sewer, Services - Trash Removal, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Heating

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
09/15/2020 09/15/20 Sold $940,000 -3.0% $289 / Sq Ft
07/28/2020 07/28/20 Pending -- -- --
07/24/2020 07/24/20 For Sale $969,000 -- $298 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Susan Lubin-Brownlie

    Seller's Agent in 2020

    Susan Lubin-Brownlie

    Coldwell Banker/Gay Dales

    (831) 320-3001

    3 in this area

    99 Total Sales

    Susan Lubin-Brownlie
    Section Image
  • Rossy Figueroa

    Buyer's Agent in 2020

    Rossy Figueroa

    Berkshire Hathaway HS Real Time Realty

    (831) 594-5721

    9 in this area

    162 Total Sales

    Rossy Figueroa
    Section Image
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Map

Source: MLSListings

MLS Number: ML81802644

MLSListings

APN: 261-332-032

California Monterey County Salinas 93906 Northridge

279 W Alvin Dr, Salinas, CA

This home is located at 279 W Alvin Dr, Salinas, CA 93906 since 24 July 2020. This property was built in 1969. 279 W Alvin Dr is a home located in Monterey County with nearby schools including Henry F. Kammann Elementary School, Boronda Meadows Elementary School, and Harden Middle School.

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