NOT LISTED FOR SALE

320 Capitol St Salinas, CA 93901

South Salinas Neighborhood
7 Beds
3 Baths
3,056 Sq Ft
0.27 Acres

Last Sold August 09, 2017

Last sale price $640,000 $209 Per Sq Ft

33 Days on Market

About This Home

As of August 2017

What a GREAT opportunity! 3 Houses on ONE lot in South Salinas, near courthouse public transportation! Main Victorian 3bd/1ba with front parlor, large open kitchen. 2 other houses are 2bd1ba. All with private yards, storage sheds and room to park RV or extra large vehicle. Possible Lot split BUT buyer MUST confirm with County

Last Agent to Sell the Property

Chantel Henson

Vanco Real Estate Executives License #01271580 Listed on: 05/17/2017

Vanco Real Estate Executives

Last Buyer's Agent

Hui Wang

Shen's Management & Sales Inc License #01849118

Property Details

Home Type

  • Multi-Family

Year Built

  • 1900

Lot Details

  • 0.27

Home Design

  • Triplex
  • Brick Foundation
  • Combination Foundation
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,056 Sq Ft Home
  • 1-Story Property

Parking

  • 4 Parking Spaces
  • On-Street Parking
  • Off-Street Parking

Additional Features

  • 0.27 Acre Lot
  • Heating System Uses Gas

Listing and Financial Details

  • Total Actual Rent $55,200

Community Details

Overview

  • 3,056 Sq Ft Building

Building Details

  • 3 Leased Units
  • Gardener Expense $2,200
  • Insurance Expense $1,677
  • Maintenance Expense $400
  • Manager Expense $4,320
  • Other Expense $700
  • Operating Expense $16,271
  • Gross Income $55,200

Property Details

Home Type

Multi-Family

Year Built

1900

Lot Details

0

Listing Details

  • Zoning: RM2.9
  • Subclass: Triplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3056
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1900

Interior Features

  • Living Sq Ft: 3056
  • Stories: 1

Exterior Features

  • Foundation: Brick / Mortar Perimeter, Combination, Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Parking Spaces: 4
  • Garage Parking Features: Off-Street Parking, On Street

Utilities

  • Heating System: Gas
  • Sewer/Septic System: Sewer - Public

Lot Info

  • Lot Acres: 0.2690
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 11700.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 11700.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 11.23
  • Number Of Leased: 3

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1677
  • Expense Landscape: 2200
  • Expense Maintenance: 400
  • Expense Management: 4320
  • Expenses Other: 700
  • Expenses Total: 16271
  • Income Annual Gross: 55200.00
  • Income Annual Rental: 55200
  • Income Gross Scheduled: 55200
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 4
  • Operating Expenses Include: Fee - Property Management, Insurance, Maintenance, Maintenance - Repair, Services - Sewer
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Water

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 List to Sale Price per Sq Ft
08/09/2017 08/09/17 Sold $640,000 +3.2% $209 / Sq Ft
06/20/2017 06/20/17 Pending -- -- --
06/20/2017 06/20/17 For Sale $620,000 0.0% $203 / Sq Ft
06/09/2017 06/09/17 Pending -- -- --
05/17/2017 05/17/17 For Sale $620,000 -- $203 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Chantel Henson

    Seller's Agent in 2017

    Chantel Henson

    Vanco Real Estate Executives

    (831) 809-4100

    12 in this area

    122 Total Sales

    Chantel Henson
    Section Image

  • H

    Buyer's Agent in 2017

    Hui Wang

    Shen's Management & Sales Inc

    Section Image
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Map

Source: MLSListings

MLS Number: ML81652014

MLSListings

APN: 002-325-001

California Monterey County Salinas 93901 South Salinas

320 Capitol St, Salinas, CA

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