NOT LISTED FOR SALE
8 Beds
4 Baths
5,390 Sq Ft
0.31 Acres

Last Sold May 30, 2017

Last sale price $1,150,000 $213 Per Sq Ft

1 Day on Market

Highlights

  • 0.31 Acre Lot
  • 6 Car Detached Garage
  • Carpet
  • Traditional Architecture
  • Forced Air Heating System

About This Home

As of May 2017

BEAUTIFULLY MAINTAINED SIX-PLEX. CORNER LOCATION IN SOUTH SALINAS. SIX 2 BEDROOM, 1 BATH UNITS! GREAT POSSIBILITIES - LIVE IN ONE AND RENT THE OTHERS. YOU DON'T FIND UNITS LIKE THIS OFTEN. ALL HAVE CARPORT FOR PARKING. FINANCIAL INFORMATION AND MEASUREMENTS ARE APPROXIMATE, BUYER TO VERIFY.

Last Agent to Sell the Property

Donna Ingraham

Century 21 A Property Shoppe License #00498014 Listed on: 05/09/2017

Century 21 A Property Shoppe

Last Buyer's Agent

Mario Torrente

Shankle Real Estate License #00515075

Property Details

Home Type

  • Multi-Family

Year Built

  • 1959

Lot Details

  • 0.31 Acre Lot

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 5,390 Sq Ft Home
  • 2-Story Property
  • Gas Oven
  • Washer and Dryer Hookup

Flooring

  • Carpet
  • Vinyl

Parking

  • 6 Car Detached Garage
  • 6 Carport Spaces
  • On-Street Parking
  • Assigned Parking

Utilities

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

Listing and Financial Details

  • Total Actual Rent $93,600

Community Details

Overview

Building Details

  • 6 Leased Units
  • Gardener Expense $1,800
  • Insurance Expense $1,833
  • Maintenance Expense $3,000
  • Manager Expense $3,000
  • Utility Expense $4,835
  • Trash Expense $1,800
  • Operating Expense $20,981
  • Gross Income $93,600

Property Details

Home Type

Multi-Family

Year Built

1959

Lot Details

0

Listing Details

  • Zoning: multi
  • Subclass: Multiple Dwellings / Structures
  • Style: Traditional
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 5390
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1959

Interior Features

  • Kitchen: Oven Range - Gas
  • Living Sq Ft: 5390
  • Stories: 2
  • Laundry: Hookups Only
  • Flooring: Carpet, Vinyl / Linoleum

Exterior Features

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

Garage/Parking

  • Parking Spaces: 6
  • Garage Parking Features: Assigned Spaces, Carport, Detached Garage, On Street, Parking Area
  • Carport Min: 6

Utilities

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

Lot Info

  • Lot Acres: 0.3130
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 13637.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 13637.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease
  • Gross Rent Multiplier: 12.04
  • Number Of Leased: 6

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expense Insurance: 1833
  • Expense Landscape: 1800
  • Expense Maintenance: 3000
  • Expense Management: 3000
  • Expenses Total: 20981
  • Expenses Utility: 4835
  • Expense Trash: 1800
  • Income Annual Gross: 93600.00
  • Income Annual Rental: 93600
  • Income Gross Scheduled: 93600
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance, Services - Sewer, Services - Trash Removal, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
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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
05/30/2017 05/30/17 Sold $1,150,000 +2.0% $213 / Sq Ft
05/11/2017 05/11/17 Pending -- -- --
05/09/2017 05/09/17 For Sale $1,127,000 -- $209 / Sq Ft
Source: MLSListings

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 $15,469 $1,340,200 $464,232 $875,968
2024 $15,469 $1,308,500 $455,130 $853,370
2023 $14,951 $1,282,844 $446,206 $836,638
2022 $14,399 $1,257,691 $437,457 $820,234
2021 $13,833 $1,233,031 $428,880 $804,151
2020 $13,452 $1,225,920 $424,483 $801,437
2019 $13,358 $1,201,991 $416,160 $785,831
2018 $13,190 $1,178,531 $408,000 $770,531
2017 $4,711 $401,124 $163,315 $237,809
2016 $4,713 $393,368 $160,113 $233,255
2015 $2,294 $178,568 $44,548 $134,020
2014 $2,154 $175,180 $43,676 $131,504
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81650614

MLSListings