NOT LISTED FOR SALE

640 Carmelita Dr Salinas, CA 93901

South Salinas Neighborhood
6 Beds
3 Baths
2,556 Sq Ft
7,710 Sq Ft Lot

Last Sold September 25, 2015

Last sale price $573,125 $224 Per Sq Ft

23 Days on Market

Highlights

  • Traditional Architecture
  • Tile Countertops
  • Forced Air Heating System
  • 1 Car Detached Garage
  • Storage Room
  • Level Lot

About This Home

As of September 2015

Prime south Salinas location. One level units in great condition. tenting done in 2011, Long term tenants with excellent payment records. Each unit has a private patio space, carport space with room for a second car. One unit has a fireplace. Neutral colors, eat in kitchen, baths have a tub/shower combo. Storage can be converted back to laundry. Current owner pays garbage but could be changed to a tenant expense. Possible room for a rent increase. Roof not original 622,628,634 Carmelita are also for Sale.

Last Agent to Sell the Property

Bill Backus

Backus Properties License #01332230 Listed on: 06/01/2015

Last Buyer's Agent

Dale Handley

Town'N Country Realty License #01280498

Property Details

Home Type

  • Multi-Family

Year Built

  • 1964

Lot Details

  • 7,710 Sq Ft Lot
  • Level Lot

Home Design

  • Triplex
  • Traditional Architecture
  • Slab Foundation
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,556 Sq Ft Home
  • 1-Story Property
  • Storage Room

Kitchen

  • Electric Oven
  • Range Hood
  • Tile Countertops

Flooring

  • Carpet
  • Vinyl

Parking

  • 1 Car Detached Garage
  • 3 Carport Spaces
  • Lighted Parking
  • Off-Street Parking
  • Assigned Parking

Utilities

  • Forced Air Heating System
  • Separate Meters
  • 220 Volts
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $42,000
  • Month-to-Month Lease Term

Community Details

Overview

  • 2,556 Sq Ft Building

Building Details

  • 3 Leased Units
  • Gardener Expense $675
  • Insurance Expense $1,569
  • Maintenance Expense $687
  • Other Expense $5,716
  • Utility Expense $2,076
  • Trash Expense $1,298
  • Operating Expense $17,828
  • Gross Income $40,318

Property Details

Home Type

Multi-Family

Year Built

1964

Lot Details

0

Listing Details

  • Zoning: Multi Family
  • Subclass: Triplex
  • Style: Traditional
  • Age: 51
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2556
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1964

Interior Features

  • Kitchen: 220 Volt Outlet, Countertop - Tile, Hood Over Range, Oven - Electric, Varies By Unit
  • Living Sq Ft: 2556
  • Stories: 1
  • Flooring: Carpet, Vinyl / Linoleum
  • Additional Rooms: Storage

Exterior Features

  • Foundation: Concrete Perimeter, Concrete Slab
  • Roof: Composition

Garage/Parking

  • Parking Spaces: 1
  • Garage Parking Features: Assigned Spaces, Carport, Detached Garage, Lighted Parking Area, Off-Street Parking
  • Carport Min: 3

Utilities

  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Salinas Union High

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.1770
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7709.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7709.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease, Lease Agreement - Written, Month To Month, Security Deposit
  • Gross Rent Multiplier: 14.73
  • Number Of Leased: 3

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expense Insurance: 1569
  • Expense Landscape: 675
  • Expense Maintenance: 687
  • Expenses Other: 5716
  • Expenses Total: 17828
  • Expenses Utility: 2076
  • Expense Trash: 1298
  • Income Annual Gross: 40318.00
  • Income Annual Rental: 42000
  • Income Gross Scheduled: 42440
  • Income Includes: Rents, Storage Area
  • Income Other: 440
  • Meters: Master Electric, Master Gas, Separate Electric, Separate Gas
  • Number Of Buildings: 2
  • Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance, Maintenance - Repair, Services - Sewer, Services - Trash Removal, Utilities - Electric, Vacancy Factor
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Vacancy Factor: 5

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 Change Sq Ft Price
09/25/2015 09/25/15 Sold $573,125 -8.3% $224 / Sq Ft
06/24/2015 06/24/15 Pending -- -- --
06/01/2015 06/01/15 For Sale $625,000 -- $245 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Bill Backus

    Seller's Agent in 2015

    Bill Backus

    Backus Properties

    (831) 262-9730

    29 in this area

    81 Total Sales

    Bill Backus
    Section Image
  • Dale Handley

    Buyer's Agent in 2015

    Dale Handley

    Town'N Country Realty

    (831) 424-0001

    32 in this area

    97 Total Sales

    Dale Handley
    Section Image
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Map

Source: MLSListings

MLS Number: ML81468128

MLSListings

APN: 016-087-010

California Monterey County Salinas 93901 South Salinas

640 Carmelita Dr, Salinas, CA

This home is located at 640 Carmelita Dr, Salinas, CA 93901 since 01 June 2015. This property was built in 1964. 640 Carmelita Dr is a home located in Monterey County with nearby schools including Mission Park Elementary School, University Park Elementary School, and Lincoln Elementary School.

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