Bought with Manny Munoz • eXp Realty of California Inc
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Key Details
Sold Price $875,000
Property Type Multi-Family
Sub Type Fourplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,050 sqft
Price per Sqft $426
MLS Listing ID ML82037604
Sold Date 09/01/26
Style Bungalow,Mediterranean
Bedrooms 5
Full Baths 4
Year Built 1941
Lot Size 7,500 Sqft
Property Sub-Type Fourplex
Property Description
This property is a unique investment opportunity in the heart of Salinas! This one-of-a-kind 4-unit multi-family property features four separate units, each offering privacy and character that tenants love. With a mix of long-term, stable tenants, this property provides immediate income potential while still offering room for growth. The seller completed select renovations during the pandemic, blending modern updates with the property's original charm. This property has easy access to shopping and dining. It is perfect for investors looking to expand their portfolio or an owner-occupant seeking rental income. The city says converting the garage to a 5th unit is possible, Buyers to verify with the city. Key Features: Four individual cottages No shared walls, offering privacy for tenants Recent updates completed during the pandemic Great potential for value appreciation in a growing rental market Don't miss this rare opportunity to own a charming and income-generating property in Salinas.
Location
State CA
County Monterey
Area Es-66
Zoning R-L-5.5
Rooms
Kitchen Countertop - Stone
Interior
Heating Wall Furnace
Cooling None
Flooring Carpet, Laminate, Tile
Exterior
Parking Features Off-Street Parking
Garage Spaces 1.0
Utilities Available Public Utilities
Roof Type Bituthene,Composition
Building
Lot Description Grade - Level, Regular
Story 1
Foundation Concrete Perimeter and Slab
Sewer Sewer - Public
Water Public
Level or Stories 1
Others
Tax ID 004-023-002
Security Features None
Horse Property No
Special Listing Condition Not Applicable
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