35 units in Salinas. The unit mix is 18 two-bedroom / one-bedroom townhouse units, 16 one-bedroom units, and one three-bedroom unit, which is used as the onsite managers unit. The complex has five buildings. The property management company has invested in capital improvements, repairs, upgrades, exterior painting, tree trimming, and many other improvements over the last several years. Rents were increased in the fall of 2022 and can be increased again in the fall of 2023. The GRM is 10.25.
Sold for $7,539,000 on 02/24/23
$7,539,000
Acosta, Salinas, CA 93905
--beds
--baths
28,500sqft
Five Or More Units
Built in 1978
-- sqft lot
$6,458,200 Zestimate®
$265/sqft
$3,114 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: December 21, 2024 at 01:01am
Listed by:
Hap Albers 01006595 831-372-1922,
Albers Real Estate Investment Company 831-372-1922,
Craig Coming 01258178 831-372-1338
Bought with:
Hap Albers, 01006595
Albers Real Estate Investment Company
Craig Coming, 01258178
Mangold Property Management
Source: MLSListings Inc,MLS#: ML81913962
Facts & features
Interior
Kitchen
- Features: Countertop_Formica, Countertop_Other, Countertop_SolidSurfceCorian, Countertop_Synthetic, Countertop_Tile
Heating
- Electric
Cooling
- Other
Appliances
- Included: Range Hood, Electric Oven/Range
- Laundry: Coin Operated
Features
- Flooring: Carpet, Laminate, Tile, Vinyl Linoleum
- Doors: None
Interior area
- Total structure area: 28,500
- Total interior livable area: 28,500 sqft
Property
Parking
- Parking features: Carport, On Street
- Has carport: Yes
Accessibility
- Accessibility features: None
Lot
- Size: 1.19 Acres
Details
- Parcel number: 004321036000
- Zoning: R-H 2.1
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Five Or More Units
Materials
- Foundation: Concrete Perimeter, Slab, Concrete Perimeter and Slab
- Roof: Flat
Condition
- Year built: 1978
Community & neighborhood
Location
- Region: Salinas
Other
Other facts
- Listing agreement: ExclusiveRightToSell
- Listing terms: CashorConventionalLoan
Sell for more on Zillow
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$6,458,200
2% more+$129K
With Zillow Showcase(estimated)$6,587,364