NOT LISTED FOR SALE

43 Villa St Salinas, CA 93901

South Salinas Neighborhood
4 Beds
3 Baths
1,445 Sq Ft
6,499 Sq Ft Lot

Last Sold August 10, 2018

Last sale price $574,575 $398 Per Sq Ft

5 Days on Market

Highlights

  • 2 Car Detached Garage
  • 1-Story Property
  • 4-minute walk to Central Park

About This Home

As of August 2018

Nice triplex now available in South Salinas! Front house is a 2BR/1BA and back units are each 1BR/1BA. New exterior paint, newer composition roof and dual pane windows throughout! There is also a 2-car detached garage with washer/dryer hookups and storage closets for 1BR units. All long term tenants are on month to month leases. Rents are below market. Proforma rents listed on yearly financials. Separate electric/gas and water meters!

Last Agent to Sell the Property

Dale Handley

Town'N Country Realty License #01280498 Listed on: 06/21/2018

Co-Listed By

Jeff Pluta

Town'N Country Realty License #01246645

Last Buyer's Agent

Lisa Brom

Sotheby’s International Realty License #01893705

Sotheby’s International Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • 1939

Lot Details

  • 6,499 Sq Ft Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Triplex
  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,445 Sq Ft Home
  • 1-Story Property
  • Washer and Dryer Hookup

Utilities

  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $45,000

Community Details

Overview

  • 1,445 Sq Ft Building

Building Details

  • 3 Leased Units
  • Gardener Expense $600
  • Insurance Expense $1,500
  • Maintenance Expense $2,000
  • Operating Expense $10,425
  • Gross Income $44,100

Property Details

Home Type

Multi-Family

Year Built

1939

Lot Details

0

Parking

2

Listing Details

  • Zoning: R-M-2.9
  • Subclass: Triplex
  • Age: 79
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1445
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1939

Interior Features

  • Living Sq Ft: 1445
  • Stories: 1
  • Laundry: Hookups Only

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 2
  • Garage Parking Features: Detached Garage

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer Connected

Schools

  • School District: Salinas Union High

Lot Info

  • Lot Acres: 0.1492
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6500.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6500.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 12.78
  • Number Of Leased: 3

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expense Insurance: 1500
  • Expense Landscape: 600
  • Expense Maintenance: 2000
  • Expenses Total: 10425
  • Income Annual Gross: 44100.00
  • Income Annual Rental: 45000
  • Income Gross Scheduled: 45000
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 2
  • Operating Expenses Include: Maintenance - Repair, Services - Sewer, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Vacancy Factor: 2

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
08/10/2018 08/10/18 Sold $574,575 -0.1% $398 / Sq Ft
06/27/2018 06/27/18 Pending -- -- --
06/21/2018 06/21/18 For Sale $575,000 -- $398 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Dale Handley

    Seller's Agent in 2018

    Dale Handley

    Town'N Country Realty

    (831) 424-0001

    31 in this area

    97 Total Sales

    Dale Handley
    Section Image
  • Jeff Pluta

    Seller Co-Listing Agent in 2018

    Jeff Pluta

    Town'N Country Realty

    (831) 214-0042

    12 in this area

    43 Total Sales

    Jeff Pluta
    Section Image
  • Lisa Brom

    Buyer's Agent in 2018

    Lisa Brom

    Sotheby’s International Realty

    (831) 682-0126

    3 in this area

    43 Total Sales

    Lisa Brom
    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81711392

MLSListings

APN: 002-133-024-000

California Monterey County Salinas 93901 South Salinas

43 Villa St, Salinas, CA

This home is located at 43 Villa St, Salinas, CA 93901 since 21 June 2018. This property was built in 1939. 43 Villa St is a home located in Monterey County with nearby schools including Roosevelt Elementary School, Laurel Wood Elementary School, and Washington Middle School.

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