390 Towt St Salinas, CA 93905
East Salinas Neighborhood
5
Beds
3
Baths
2,253
Sq Ft
8,224
Sq Ft Lot
Highlights
- Traditional Architecture
- Park or Greenbelt View
- Laundry Room
- Wood Flooring
- 3 Car Detached Garage
- 1-minute walk to Closter Park
About This Home
As of October 2022This triplex property in Salinas is a turn-key rental investment with long-term tenants and an upside in rental rates. Ideal location across the street from Salinas Boxing Club, a Baseball and Basketball parks, and children's play area. The owner has invested capital improvements to the property and with professional management through the years. Each unit comes with its own oversized garage, laundry room, front & back yards, dual pane windows throughout, and the roof is in good condition. Salinas is located just 1 hour from Silicon Valley and 30 minutes from Carmel Valley. This Agricultural Valley is known as the Salad Bowl of the World and produces over $8 billion of vegetables and fruit crops annually. The average median income is $57,117 with household occupations in health care, social assistance, manufacturing, retail, construction, and agriculture. 386 Towt Street and 390 Towt Street are identical triplexes, share the same driveway, and are both available for sale.
Last Agent to Sell the Property
Synergize Realty License #01263881 Listed on: 08/09/2022
Property Details
Home Type
- Multi-Family
Year Built
- 1947
Lot Details
- 8,224 Sq Ft Lot
Parking
- 3 Car Detached Garage
- Uncovered Parking
Home Design
- Triplex
- Traditional Architecture
- Composition Roof
- Concrete Perimeter Foundation
Interior Spaces
- 2,253 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Park or Greenbelt Views
Kitchen
- Gas Oven
- Disposal
Flooring
- Wood
- Carpet
- Laminate
Laundry
- Laundry Room
- Washer and Dryer
Utilities
- Forced Air Heating System
- Vented Exhaust Fan
Listing and Financial Details
- Total Actual Rent $45,504
Community Details
Overview
Building Details
- 3 Leased Units
- Gardener Expense $900
- Insurance Expense $1,200
- Maintenance Expense $1,302
- Manager Expense $1,200
- Other Expense $3,391
- Utility Expense $1,357
- Trash Expense $1,337
- Operating Expense $17,637
- Gross Income $45,504
Similar Home in Salinas, CA
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/21/2022 10/21/22 | Sold | $765,000 | -3.8% | $340 / Sq Ft |
| 10/10/2022 10/10/22 | Pending | -- | -- | -- |
| 09/15/2022 09/15/22 | For Sale | $795,000 | 0.0% | $353 / Sq Ft |
| 08/22/2022 08/22/22 | Pending | -- | -- | -- |
| 08/09/2022 08/09/22 | For Sale | $795,000 | +56.1% | $353 / Sq Ft |
| 02/01/2017 02/01/17 | Sold | $509,250 | -3.0% | $226 / Sq Ft |
| 12/16/2016 12/16/16 | Pending | -- | -- | -- |
| 11/04/2016 11/04/16 | For Sale | $525,000 | +66.9% | $233 / Sq Ft |
| 08/01/2013 08/01/13 | Sold | $314,500 | -3.2% | $140 / Sq Ft |
| 04/16/2013 04/16/13 | Pending | -- | -- | -- |
| 09/19/2012 09/19/12 | For Sale | $325,000 | -- | $144 / Sq Ft |
Source: MLSListings
Tax History Compared to Growth
Agents Affiliated with this Home
-
Seller's Agent in 2022
Robert Balina
Synergize Realty
(408) 750-6425
2 in this area
58 Total Sales
-
Buyer's Agent in 2022
Veronica Rubio
RE/MAX
(831) 595-4654
21 in this area
77 Total Sales
-
Seller's Agent in 2017
Noe Renteria
RE/MAX
(831) 595-3648
4 in this area
36 Total Sales
-
R
Buyer's Agent in 2017
RECIP
Out of Area Office
-
J
Seller's Agent in 2013
Joe Sims
Norm Yop, Inc., Realtors
-
E
Buyer's Agent in 2013
Edgar Lopez
USA Realty and Loans
Map
Source: MLSListings
MLS Number: ML81903217
APN: 004-254-014
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