Property Details
About this Property
DO NOT DISTURB TENANTS. Multi Family investment opportunity for your RE portfolio, this 14 unit apartment building features twelve two-bedroom/one-bath units and (one) one-bedroom/one bath unit, plus a one studio apartment. Built in 1965 , the property offers building square footage of 9,720 square feet with lot size of 17,625 square feet. All units are Month to Month tenancy and are at below market rents. Located in a high rental demand area and near shopping and schools. Building features newer double pane windows, updated roof, fourteen covered parking and seven additional uncovered parking stalls spaces, this building is well maintained and has the upside potential you're looking for. 8% rent increase starting 1/1/2021. An additional 12 Units available in addition to these units for a total of 26 units.
MLS Listing Information
MLS #
ML81741971
MLS Source
MLSListings, Inc.
Buyer's Brokerage Compensation*
1.50
Interior Features
Cooling
None
Heating
Gas
Exterior Features
Roof
Composition
Foundation
Concrete Perimeter and Slab
Parking, School, and Other Information
Garage/Parking
Carport, Garage: 0 Car(s)
Elementary District
Alisal Union Elementary
High School District
Salinas Union High
Sewer
Public Sewer
Water
Public
Zoning
cr
1127 E Laurel Dr is a Residential Income in Salinas, CA 93905. This 9,720 square foot property sits on a 0.404 Acres Lot and features – bedrooms & – full bathrooms. It is currently priced at – and was built in 1965. This address can also be written as 1127 E Laurel Dr, Salinas, CA 93905.
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* The offer of compensation is made subject to the MLS rules where the listing is filed. Please contact your agent for any questions concerning this subject matter.
This listing information is up-to-date as of July 11, 2022. For the most current information, please contact Jesse Hernandez, (831) 776-1562
