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$1,170,000
Est. payment /mo
2,031 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,031 sqft
Price per Sqft $576
MLS Listing ID ML82053603
HOA Y/N No
Year Built 1930
Annual Tax Amount $10,560
Lot Size 5,214 Sqft
Property Sub-Type Quadruplex
Property Description
Fully occupied 4-unit income property in one of South Salinas most desirable neighborhoods. This property combines a triplex with a detached single-family residence - offering investors immediate cash flow, simplified management, & long-term growth potential in a high-demand rental market. Currently occupied by stable, long-term Section 8 tenants, providing reliable income with minimal turnover. Additional income is generated from on-site laundry facilities. Located in the sought-after Mission Park area of South Salinas, the property sits near Hartnell College, schools, bus lines, and major freeways, ensuring strong tenant demand. A shared driveway provides convenient parking for residents. Recent upgrades, including new plumbing, updated kitchens & baths, which all add to the property's appeal and reduce near-term capital needs. The adjacent duplex property is also for sale & the Sellers prefer to sell both parcels together as one investment opportunity if possible...
Location
State CA
County Monterey
Area 699 - Not Defined
Zoning Multi-res
Interior
Heating Wall Furnace
Cooling None
Flooring Carpet, Laminate, Tile
Fireplace No
Exterior
Parking Features Off Street
View Y/N No
Roof Type Composition
Accessibility None
Total Parking Spaces 4
Building
Lot Description Level
Story 2
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Schools
High Schools Salinas
School District Other
Others
Tax ID 002422020001
Special Listing Condition Standard
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Listed by Jeff Wickum Epique Realty #01248741
Nearby School & Business
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