11.64 GRM is one of lowest in Santa Clara, Santa Cruz, or Monterey County markets. 4.98% cap on current net income. 13-units built by Harrod Construction in 1986. 3 One-bedroom units & 10 two-bedroom units. No rent increases since 2018 on all units except one.Two one year leases will expire in September 2020. The average two-bed rent is $1564. Market rents are $1700 to $1900 for a Salinas 2 bed. Most units have had the bathroom remodeled with tile showers and new windows. All units have their own dishwasher & water heater with tenant supplied gas. The average unit size is 9456/13=727 sq. ft = large two-bedroom units with high ceilings. The two-bedroom units have either a patio or deck. Other positive features include a storage room for owner's use, 6 tenant storage lockers, an onsite laundry room. Great location to commute to San Jose. Location is close to North Salinas retail, services, and schools. Santa Rita Elem. is 1/3 mile & newly built Rancho San Juan HS is the assigned HS.
MLS #
ML81783043
MLS Source
MLSListings, Inc.
Buyer's Brokerage Compensation*
2.00
Kitchen
Countertop - Laminate, Countertop - Marble, Countertop - Stone, Countertop - Tile, Exhaust Fan
Appliances
Dishwasher, Exhaust Fan, Hood Over Range, Microwave, Oven Range - Electric
Flooring
Carpet, Laminate, Tile, Vinyl/Linoleum
Laundry
Hookups Only
Cooling
None
Heating
Wall Furnace
Roof
Composition
Foundation
Slab
Garage/Parking
Assigned Spaces, Carport, Off-Street Parking, On Street, Garage: 0 Car(s)
Elementary District
Santa Rita Union Elementary
High School District
Salinas Union High
Zoning
R-H-2.1
9 Perez Cir is a Residential Income in Salinas, CA 93906. This 9,456 square foot property sits on a 0.482 Acres Lot and features – bedrooms & – full bathrooms. It is currently priced at – and was built in 1986.
This address can also be written as 9 Perez Cir, Salinas, CA 93906.©2023 MLSListings Inc. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from MLSListings Inc.
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This listing information is up-to-date as of July 09, 2022. For the most current information, please contact Hap Albers, (831) 372-1922