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Travis Breton

travisbreton@gmail.com +1(760) 470-2752

Listed by Chantel Henson • Compass, DRE#01271580

$ 1,099,000

Est. payment | -/mo

12 Beds

6 Baths

4,134 SqFt

Save

$ 1,099,000

Est. payment | -/mo

Save

12 Beds

6 Baths

4,134 SqFt

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Contingent

Purchase Type For Sale

Square Footage 4,134 sqft

Price per Sqft $265

MLS Listing ID ML82057881

Bedrooms 12

Full Baths 4

Half Baths 4

Year Built 1965

Lot Size 9,600 Sqft

Property Sub-Type Fourplex

Property Description

Investment opportunity featuring four spacious 3-bedroom, 1.5-bath units situated across two separate buildings. Do not disturb occupants. The property offers approximately 4,320 square feet of total building area, with each building measuring approximately 2,160 square feet and containing two units. Each unit features a functional single-level floor plan with three bedrooms and 1.5 bathrooms. The half bath is located within a large walk-in closet in the primary bedroom, providing potential space to add a shower and create a second full bathroom, subject to buyer investigation, permits, and local requirements. The property is in need of some TLC and updating, offering an opportunity for a new owner to make improvements over time and enhance its overall appeal and value. Current rents are below fair market value, providing additional long-term upside for an investor. Any future rent increases are subject to applicable City of Salinas rent regulations and should be independently verified by the buyer. A solid investment opportunity offering spacious 3-bedroom units, existing rental income, below-market rents, and future value-add potential.

Location

State CA

County Monterey

Area Es-66

Zoning CR

Interior

Heating Central Forced Air

Cooling None

Exterior

Parking Features Attached Garage, On Street

Garage Spaces 4.0

Utilities Available Public Utilities

Roof Type Composition

Building

Story 1

Foundation Concrete Perimeter

Sewer Sewer - Public

Water Public

Level or Stories 1

Others

Tax ID 004-061-028-000

Security Features None

Horse Property No

Special Listing Condition Not Applicable

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(760) 470-2752

travisbreton@gmail.com

1902 Wright Place #200, Carlsbad, CA 92008, USA

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20 S Hebbron AVE Salinas, CA 93905