Back on the market with beautiful capital improvements! Welcome to Highway 68/Pasteur of Heaven, an exceptional investment opportunity conveniently situated near Highway 68, providing quick access to the Monterey Peninsula and Salinas. At a strong 9.1% CAP Rate, this property is a rare find as it comprises multiple units, making it perfect for multi-generational living or serving as an investment property with the potential to generate substantial income. **Unit 1:** This is the main house with a spacious bathroom on the top floor, providing privacy and a separate entrance. It features two decks, one in the front and one at the back. Unit 1 includes a large wine rack in the kitchen, a wine cellar, a beautiful marble bath, a sauna in the back, and numerous other amenities.**Unit 2:** A newly remodeled 1-bedroom, 1-bath unit with fresh flooring and interior and exterior painting.**Unit 3:** A studio located on top of the garage, also recently remodeled with new interior and exterior paint, along with new flooring. This versatile layout offers ample space for everyone. Call now!
For sale
$2,250,000
43 Laureles Grade, Salinas, CA 93908
--beds
--baths
2,843sqft
Est.:
MultiFamily
Built in 1959
-- sqft lot
$1,371,100 Zestimate®
$791/sqft
$-- HOA
What's special
Wine cellarSpacious bathroomNew flooringInterior and exterior paintingMarble bathFresh flooringSeparate entrance
- 175 days
- on Zillow |
- 375 |
- 9 |
Zillow last checked: 7 hours ago
Listing updated: February 17, 2025 at 04:48am
Listed by:
Joe Villanueva 01715260 831-206-7832,
Villa Nueva Properties
Source: MLSListings Inc,MLS#: ML81986725

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Heating
- Central Forced Air
Cooling
- Central Air
Interior area
- Total structure area: 2,843
- Total interior livable area: 2,843 sqft
Property
Parking
- Total spaces: 4
- Parking features: Carport, Common
- Garage spaces: 2
- Carport spaces: 2
- Covered spaces: 4
Accessibility
- Accessibility features: Parking
Features
- Stories: 1
Lot
- Size: 0.98 Acres
Details
- Parcel number: 173031013000
- Zoning: R-1
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: MultiFamily
Materials
- Foundation: Slab
- Roof: Shingle
Condition
- Year built: 1959
Utilities & green energy
- Gas: PublicUtilities
- Sewer: Public Sewer
- Water: Well
- Utilities for property: Public Utilities
Community & HOA
Location
- Region: Salinas
Financial & listing details
- Price per square foot: $791/sqft
- Annual tax amount: $2,400
- Date on market: 11/15/2024
- Listing agreement: ExclusiveRightToSell
- Inclusions: None
- Lease term: Month To Month
- Loading
- Loading