UA-138051460-1
Address
1019 Pacific AVE Salinas, CA
Price
$ 795,000
Property Attributes
  • MLS#ML81829822
  • TypeContingent
  • CountyMONTEREY
  • CitySalinas
  • AreaES-68
  • Zip93905
  • Style
  • Price$ 795,000
  • Bedrooms4
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage1935
  • Lot Size8,185 SqFt
Listing Provided Courtesy Of:
Sean Griffin with Agency One Real Estate.
Data Source:
MLS Listings
Property Description

Excellent investment opportunity!! 4 Units on a large lot with plenty of parking for tenants. Unit mix is 1- 2 bedroom unit, 2- 1 bedroom units and 1- studio unit. Recent updates include new interior and exterior paint, new flooring, fully remodeled bathrooms, updated kitchen in back unit, new windows and updated electrical in some units. Overall condition is good and units are fully occupied and rented below market value. Plenty of room for on-site parking for tenants. This property offers solid cash flow, upside in rents and overall good condition for the next owner.

Price History
2/15/2021 Listed $815,000
3/1/2021 3% - $795,000

General Features

# of Buildings 3
Accessibility None
Age 74
City SALINAS
City Limits (y/n) Yes
Cooling None
County Monterey
Flooring Laminate, Tile
Heating No Heating
Incorporated Y/n Yes
Listing Agent State License 01466508
MLS Area ES-68
Parking Features Common Parking Area
Property SubType Fourplex
Property Type Residential Income (2-4 units)
Roof Composition
Security Features None
Special Listing Conditions Not Applicable
Status Contingent
Utilities Public Utilities
Virtual Tour https://Tours.MontereyBayVirtualTours.com/idx/186678
Virtual Tour https://Tours.MontereyBayVirtualTours.com/186678
Water Public
Year Built 1947
Zoning Text MDR

Interior Features

Building Unit Total 4
Living Sqft 1935
Unit 1 Rent 1625
Unit 2 Approx Square Footage 546
Unit 2 Number Of Bedrooms 1
Unit 3 Approx Square Footage 546
Unit 4 Approx Square Footage 253

Exterior Features

Building Area Total 1935
Foundation Details Concrete Perimeter, Concrete Slab, Post and Beam
Horse Property No
Lot Acres 0.1879
Lot Size Area 8187.00
Lot Size Units Square Feet
Maximum Lot Size 8187.00
Meters Separate Electric, Separate Gas, Separate Water
Parking Spaces 8
Sewer/Septic Sewer - Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 93905

Price
AVG $650K
$800K
Visits
AVG 33
20
Year Built
AVG 1969
1947

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