NOT LISTED FOR SALE
6 Beds
3 Baths
2,622 Sq Ft
5,663 Sq Ft Lot

Last Sold April 30, 2012

Last sale price $310,000 $118 Per Sq Ft

44 Days on Market

Highlights

  • Neighborhood Views
  • Balcony
  • Wall to Wall Carpet

About This Home

As of April 2012

Nice Triplex in S. Salinas! All units are 2BR/1BA. 4 Carports. Coin-op laundry currently serviced by Webb Services. Rents are below market. Great upside potential. Agent must be present for any showings. Please do not disturb occupants.

Last Agent to Sell the Property

Dale Handley

Town'N Country Realty License #01280498 Listed on: 01/09/2012

Last Buyer's Agent

Marcelle Hennawi

Coldwell Banker/Gay Dales License #01365649

Coldwell Banker/Gay Dales

Property Details

Home Type

  • Multi-Family

Year Built

  • 1981

Lot Details

  • 5,663

Home Design

  • Triplex
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 2,622 Sq Ft Home
  • Neighborhood Views

Kitchen

  • Oven or Range
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Vinyl

Outdoor Features

  • Balcony

Utilities

  • Wall Furnace
  • Heating System Uses Gas
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $29,700
  • The owner pays for hot water, water

Community Details

Overview

  • 2,622 Sq Ft Building

Building Details

  • Insurance Expense $1,000
  • Maintenance Expense $2,000
  • Utility Expense $1,422
  • Operating Expense $8,897
  • Gross Income $31,066

Property Details

Home Type

Multi-Family

Year Built

1981

Lot Details

0

Listing Details

  • Zoning: R3
  • Subclass: Triplex
  • Age: 31
  • Inspections Reports: Fault Zone, Flood Zone
  • Sale Price Per Sq Ft: 118.23
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 3
  • Min Numberof Unitsin Complex: 3
  • Structure Sq Ft: 2622
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1981

Interior Features

  • Kitchen: Garbage Disposal, Oven Range, Refrigerator
  • Living Sq Ft: 2622
  • Laundry: 220 Volt Outlet, Washer/Dryer - Leased Coin-Op
  • Flooring: Carpet - Wall To Wall, Vinyl / Linoleum, Carpet

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition
  • View: Local/Neighborhood
  • Yard/Grounds: Balcony / Patio

Garage/Parking

  • Garage Parking Features: Spaces Per Unit - 1

Utilities

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

Schools

  • School District: Salinas Union High

Lot Info

  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5800.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 5800.00
  • Lot Size Area Min Search: 5800.00
  • Maximum Lot Size: 5800.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 10.41
  • Min Rent2 Bed1 Bath: 800

Multi Family

  • Expense Insurance: 1000
  • Expense Maintenance: 2000
  • Expenses Total: 8897
  • Expenses Utility: 1422
  • Expense Water Sewer: 1200
  • Income Annual Gross: 31066.00
  • Income Annual Rental: 29700
  • Income Gross Scheduled: 31700
  • Income Includes: Laundry, Lease
  • Income Laundry: 2000
  • Maximum Rent2 Bed1 Bath: 850
  • Maximum Size2 Bed1 Bath: 922
  • Meters: Separate Electric, Separate Gas, Master Electric, Master Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Utilities - Hot Water, Utilities - Water, Services - Trash Removal, Insurance, Maintenance - Repair, Vacancy Factor, Utilities - Electric
  • Owner Pays: Hot Water, Water
  • Tenant Expenses: Utilities - Gas, Utilities - Heating, Cable Tv, Utilities - Electric, Services - Trash Removal
  • Vacancy Amount: 634
  • Vacancy Factor: 2
  • Min Size2 Bed1 Bath: 800

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
04/30/2012 04/30/12 Sold $310,000 -6.1% $118 / Sq Ft
02/22/2012 02/22/12 Pending -- -- --
01/09/2012 01/09/12 For Sale $330,000 -- $126 / 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: ML81200788

MLSListings

APN: 002-162-030