NOT LISTED FOR SALE

306 Salinas Rd Royal Oaks, CA 95076

-- Bed
1 Bath
1,412 Sq Ft
1929 Built

Last Sold November 07, 2013

Last sale price $285,000 $202 Per Sq Ft

252 Days on Market

About This Home

As of November 2013

Great Investment Opportunity

Last Agent to Sell the Property

Miguel Rocha

Rocha Real Estate Group License #01202372 Listed on: 12/17/2012

Rocha Real Estate Group

Last Buyer's Agent

Amado Gutierrez

Fidelity Properties License #01212861

Property Details

Home Type

  • Multi-Family

Year Built

  • 1929

Parking

  • Carport

Home Design

  • Triplex
  • Composition Roof

Interior Spaces

  • 1,412 Sq Ft Home
  • 2-Story Property

Utilities

  • Wall Furnace
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $2,350
  • The owner pays for electric, garbage, gas, water

Community Details

Overview

  • 1,412 Sq Ft Building

Building Details

  • Insurance Expense $1,500
  • Maintenance Expense $6,000
  • Manager Expense $1,200
  • Utility Expense $400
  • Trash Expense $210
  • Operating Expense $12,880
  • Gross Income $2,115

Property Details

Home Type

Multi-Family

Year Built

1929

Lot Details

0

Listing Details

  • Zoning: R3
  • Subclass: Triplex
  • Age: 84
  • Inspections Reports: Flood Zone
  • Sale Price Per Sq Ft: 201.84
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 3
  • Min Numberof Unitsin Complex: 3
  • Structure Sq Ft: 1412
  • Special Features: 12
  • Property Sub Type: MultiFamily
  • Year Built: 1929

Interior Features

  • Living Sq Ft: 1412
  • Stories: 2
  • Laundry: Laundry - No

Exterior Features

  • Roof: Composition

Garage/Parking

  • Garage Parking Features: Carport

Utilities

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

Schools

  • School District: North Monterey County Unified
  • Elementary School: Castroville Elementary
  • Elementary School: 550

Lot Info

  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5250.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 5250.00
  • Lot Size Area Min Search: 5250.00
  • Maximum Lot Size: 5250.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 105.96

Multi Family

  • Expense Insurance: 1500
  • Expense Maintenance: 6000
  • Expense Management: 1200
  • Expenses Total: 12880
  • Expenses Utility: 400
  • Expense Trash: 210
  • Expense Water Sewer: 300
  • Income Annual Gross: 2115.00
  • Income Annual Rental: 2350
  • Income Gross Scheduled: 2350
  • Income Includes: Lease
  • Maximum Building Height: 2
  • Meters: Master Electric, Master Gas, Master Water
  • Minimum Building Height: 2
  • Number Of Buildings: 1
  • Operating Expenses Include: Utilities - Electric, Services - Trash Removal, Utilities - Gas, Utilities - Water, Insurance, Maintenance - Repair, Fee - Property Tax, Services - Sewer, Vacancy Factor
  • Owner Pays: Electric, Garbage, Gas, Water
  • Tenant Expenses: Cable Tv
  • Vacancy Amount: 235
  • Vacancy Factor: 10

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
11/07/2013 11/07/13 Sold $285,000 -42.9% $202 / Sq Ft
08/26/2013 08/26/13 Pending -- -- --
12/17/2012 12/17/12 For Sale $499,000 -- $353 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Miguel Rocha

    Seller's Agent in 2013

    Miguel Rocha

    Rocha Real Estate Group

    (408) 694-9800

    34 Total Sales

    Miguel Rocha
    Section Image

  • A

    Buyer's Agent in 2013

    Amado Gutierrez

    Fidelity Properties

    Section Image
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Map

Source: MLSListings

MLS Number: ML81243345

MLSListings

APN: 117-301-010

California Monterey County Royal Oaks 95076

306 Salinas Rd, Royal Oaks, CA

This home is located at 306 Salinas Rd, Royal Oaks, CA 95076 since 17 December 2012. This property was built in 1929. 306 Salinas Rd is a home located in Monterey County with nearby schools including Ohlone Elementary School, Pajaro Middle School, and Watsonville High School.

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