$899,000

Estimated payment $4,745/month

Total Views 22,613
2 Beds
2 Baths
1,256 Sq Ft
$716 Price per Sq Ft

Highlights

  • Washer and Dryer
  • Level Lot
  • 1-Story Property

About This Home

Great opportunity to own this duplex in South Salinas. 2 units: Front unit is a 2 bedroom 1 bath house, second unit located in the rear and is a spacious studio apartment with 1 bath. Studio has its own private entrance and fenced rear yard area. Separate electric meters. Each unit has their own washer & dryer machines. New TPO roof, exterior painting, & vinyl windows installed in September 2023. Possibility to build additional ADU unit in back. Close to Hartnell Community College, shopping, schools, grocery, banks, Salinas Valley Health Medical Center, Salinas City Center- Downtown, hwy 183, hwy 101, and hwy 68.

Listing Agent

Stephen Hernandez

Steinbeck Realty, Inc. License #01882399 Listed on: 11/25/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • 1935

Lot Details

  • 6,499 Sq Ft Lot
  • Level Lot

Home Design

  • Duplex
  • Pillar, Post or Pier Foundation
  • Slab Foundation
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,256 Sq Ft Home
  • 1-Story Property
  • Washer and Dryer

Parking

  • 1 Parking Space
  • No Garage
  • On-Street Parking

Utilities

  • Wall Furnace

Listing and Financial Details

Community Details

Overview

Building Details

  • 2 Leased Units
  • Manager Expense $3,168
  • Operating Expense $3,168
  • Gross Income $39,600

Property Details

Home Type

Multi-Family

Year Built

1935

Lot Details

0

Listing Details

  • Zoning: R-M-2.9
  • Subclass: Duplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1256
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1935

Interior Features

  • Living Sq Ft: 1256
  • Stories: 1
  • Laundry: Washer / Dryer

Exterior Features

  • Foundation: Concrete Perimeter, Concrete Slab, Post And Pier

Garage/Parking

  • Parking Spaces: 1
  • Garage Parking Features: No Garage, On Street

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public

Lot Info

  • Lot Description: Grade - Level
  • 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): Lease(s), Month To Month
  • Gross Rent Multiplier: 22.70
  • Number Of Leased: 2

Multi Family

  • Utilities: Public Utilities
  • Expense Management: 3168
  • Expenses Total: 3168
  • Income Annual Gross: 39600.00
  • Income Annual Rental: 39600
  • Income Gross Scheduled: 39600
  • Meters: Separate Electric
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Insurance, Services - Gardener, Services - Sewer, Services - Trash Removal, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas

Map

Range of Values:

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Value Increase
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $573 $45,062 $25,405 $19,657
2024 $573 $44,179 $24,907 $19,272
2023 $554 $43,314 $24,419 $18,895
2022 $532 $42,466 $23,941 $18,525
2021 $512 $41,634 $23,472 $18,162
2020 $499 $41,208 $23,232 $17,976
2019 $493 $40,401 $22,777 $17,624
2018 $484 $39,610 $22,331 $17,279
2017 $485 $38,835 $21,894 $16,941
2016 $485 $38,074 $21,465 $16,609
2015 $488 $37,503 $21,143 $16,360
2014 $460 $36,769 $20,729 $16,040
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/25/2025 11/25/25 For Sale $899,000 -- $716 / Sq Ft
Source: MLSListings

Purchase History

Date Type Sale Price Title Company
Partnership Grant Deed $3,000,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $2,400,000 No Value Available
Closed $300,000 No Value Available
Source: Public Records

Source: MLSListings

MLS Number: ML82028273

MLSListings

APN: 002-112-011-000