NOT LISTED FOR SALE
6 Beds
4 Baths
2,587 Sq Ft
0.25 Acres

Last Sold July 03, 2013

Last sale price $390,000 $151 Per Sq Ft

49 Days on Market

Highlights

  • Neighborhood Views
  • 1-Story Property
  • 3-minute walk to Central Park

About This Home

As of July 2013

Live in one and rent the others. 3 bed 2 bath home and duplex with 2 bed 1 bath and 1 bed 1 bath unit. Three car garage on a corner lot. Near Courthouse and Central Park. Convenient location near transportation and shopping. Currently occupied by long term tenants of many years. Great investment or income producing primary residence. Address you will see is 347/343/345 Alexander 349 is APN

Last Agent to Sell the Property

Leslie DeLuca

DeLuca Real Estate License #01364722 Listed on: 03/29/2013

Last Buyer's Agent

Michelle Borgomini

Borgomini Real Estate License #01421080

Property Details

Home Type

  • Multi-Family

Year Built

  • 1927

Lot Details

  • 0.25

Parking

  • Private Parking

Home Design

  • Triplex
  • Composition Roof

Interior Spaces

  • 2,587 Sq Ft Home
  • 1-Story Property
  • Neighborhood Views
  • Oven or Range

Utilities

  • Wall Furnace
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $30,600
  • The owner pays for hot water

Community Details

Overview

  • 3 Units
  • 2,587 Sq Ft Building

Building Details

  • Insurance Expense $1,200
  • Operating Expense $4,872
  • Gross Income $30,600

Property Details

Home Type

Multi-Family

Year Built

1927

Lot Details

0

Listing Details

  • Zoning: Res
  • Subclass: Triplex
  • Age: 86
  • Inspections Reports: Fault Zone, Flood Zone
  • Sale Price Per Sq Ft: 150.75
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 3
  • Min Numberof Unitsin Complex: 3
  • Structure Sq Ft: 2587
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1927

Interior Features

  • Kitchen: Oven Range, Refrigerator
  • Living Sq Ft: 2587
  • Stories: 1
  • Laundry: Laundry Area - In All Units

Exterior Features

  • Roof: Composition
  • View: Local/Neighborhood

Garage/Parking

  • Garage Parking Features: Private / Exclusive

Utilities

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

Schools

  • School District: Salinas Union High
  • Elementary School: University Park Elementary
  • Middle School: Washington Middle
  • Elementary School: 576
  • Middle School: 584

Lot Info

  • Lot Location: Corner
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 10960.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 10960.00
  • Lot Size Area Min Search: 10960.00
  • Maximum Lot Size: 10960.00

Rental Info

  • Existing Lease Term(s): More Than 1 Yr
  • Gross Rent Multiplier: 14.22

Multi Family

  • Expense Insurance: 1200
  • Expenses Total: 4872
  • Expense Water Sewer: 1200
  • Income Annual Gross: 30600.00
  • Income Annual Rental: 30600
  • Income Gross Scheduled: 30600
  • Income Includes: Lease
  • Maximum Building Height: 1
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Minimum Building Height: 1
  • Number Of Buildings: 3
  • Operating Expenses Include: Utilities - Hot Water, Insurance, Accounting/Legal, Maintenance - Repair, Fee - Property Tax, Services - Sewer, Utilities - Water, Miscellaneous/Other
  • Owner Pays: Hot Water
  • Tenant Expenses: Utilities - Gas, Utilities - Water, Utilities - Heating, Utilities - Hot Water, Cable Tv, Utilities - Electric, Services - Trash Removal

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 List to Sale Price per Sq Ft
07/03/2013 07/03/13 Sold $390,000 -17.9% $151 / Sq Ft
05/17/2013 05/17/13 Pending -- -- --
03/29/2013 03/29/13 For Sale $475,000 -- $184 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81309957

MLSListings