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Travis Breton

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

$ 1,099,000

Est. payment | -/mo

4,134 SqFt

Save

$ 1,099,000

Est. payment | -/mo

Save

4,134 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 4,134 sqft

Price per Sqft $265

MLS Listing ID ML82057881

HOA Y/N No

Year Built 1965

Annual Tax Amount $1,995

Lot Size 9,600 Sqft

Property Sub-Type Quadruplex

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 699 - Not Defined

Zoning CR

Interior

Heating Central

Cooling None

Fireplace No

Exterior

Garage Spaces 4.0

Garage Description 4.0

View Y/N No

Roof Type Composition

Accessibility Parking

Building

Story 1

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Schools

School District Other

Others

Tax ID 004061028000

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Chantel Henson Compass #01271580

Nearby Locations

"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