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.
MLS #
ML81829822
MLS Source
MLSListings, Inc.
Buyer's Brokerage Compensation*
2.50%
Flooring
Laminate, Tile
Cooling
None
Heating
No Heating
Roof
Composition
Foundation
Concrete Perimeter, Slab, Other
Garage/Parking
Common Parking Area, Garage: 0 Car(s)
Elementary District
Alisal Union Elementary
High School District
Salinas Union High
Sewer
Public Sewer
Water
Public
Zoning
MDR
# Buildings | # Leased Units | # Total Units |
---|---|---|
– | 4 | – |
Unit # | Sq Ft | Beds | Baths | Rent |
---|---|---|---|---|
1 | 650 | 2 | 1/0 | $1,625 |
2 | 546 | 1 | 1/0 | $1,300 |
3 | 546 | 1 | 1/0 | $1,300 |
4 | 253 | 0 | 1/0 | $700 |
1019 Pacific Ave is a Residential Income in Salinas, CA 93905. This 1,935 square foot property sits on a 8,187 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $760,000 and was built in 1947.
This address can also be written as 1019 Pacific Ave, Salinas, CA 93905.©2024 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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* 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 08, 2022. For the most current information, please contact Sean Griffin, (831) 262-1955