NOT LISTED FOR SALE

Monterey, CA 93940

Monterey Vista Neighborhood
6 Beds
3 Baths
2,646 Sq Ft
7,754 Sq Ft Lot

Last Sold November 06, 2015

Last sale price $785,000 $297 Per Sq Ft

174 Days on Market

About This Home

As of November 2015

Attention Investors! Great Monterey location! Tri-plex with 3 two bedroom 1 bath units, high ceilings, one with fireplace, all good floor plans and each with private patio or deck. Each have separate carport / off street parking. Good tenants, all occupied.

Last Agent to Sell the Property

Becky Jones

Shankle Real Estate License #01250885 Listed on: 04/02/2015

Shankle Real Estate

Last Buyer's Agent

Mario Torrente

Shankle Real Estate License #00515075

Shankle Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • 1953

Lot Details

  • 7,754 Sq Ft Lot

Parking

  • 3 Carport Spaces

Home Design

  • Triplex
  • Tar and Gravel Roof

Interior Spaces

  • 2,646 Sq Ft Home
  • 2-Story Property
  • Gas Oven

Flooring

  • Carpet
  • Tile
  • Vinyl

Utilities

  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $48,240

Community Details

Overview

Building Details

  • 3 Leased Units
  • Gardener Expense $720
  • Maintenance Expense $2,000
  • Manager Expense $4,824
  • Operating Expense $8,512
  • Gross Income $48,240

Property Details

Home Type

Multi-Family

Year Built

1953

Lot Details

0

Listing Details

  • Subclass: Triplex
  • Age: 62
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2646
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1953

Interior Features

  • Kitchen: Oven - Gas
  • Living Sq Ft: 2646
  • Stories: 2
  • Flooring: Carpet, Tile, Vinyl / Linoleum

Exterior Features

  • Roof: Tar And Gravel

Garage/Parking

  • Garage Parking Features: Carport
  • Carport Min: 3

Utilities

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

Schools

  • School District: Monterey Peninsula Unified

Lot Info

  • Lot Acres: 0.1780
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7761.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7761.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease
  • Gross Rent Multiplier: 19.07
  • Number Of Leased: 3

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expense Landscape: 720
  • Expense Maintenance: 2000
  • Expense Management: 4824
  • Expenses Total: 8512
  • Income Annual Gross: 48240.00
  • Income Annual Rental: 48240
  • Income Gross Scheduled: 48240
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Maintenance, Services - Trash Removal
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Water

Range of Values:

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Average Value
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List Price
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 Change Sq Ft Price
11/06/2015 11/06/15 Sold $785,000 -14.7% $297 / Sq Ft
09/23/2015 09/23/15 Pending -- -- --
04/02/2015 04/02/15 For Sale $920,000 -- $348 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2015

    Becky Jones

    Shankle Real Estate

    Section Image

  • M

    Buyer's Agent in 2015

    Mario Torrente

    Shankle Real Estate

    Section Image
See All Agents

Source: MLSListings

MLS Number: ML81458016

MLSListings

APN: 001-881-008

California Monterey County Monterey 93940

Monterey Vista

This home since 02 April 2015. This property was built in 1953. This home is a home located in Monterey County with nearby schools including Monte Vista Elementary School, Monte Vista Middle School, and Monterey High School.

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