This unique South Salinas apartment complex features a house and five one-bedroom / one-bathroom units on one large parcel. The property is 200 feet from S. Main Street & its many restaurants, banks, gyms, grocery stores, drug stores, coffee shops, & other services. The house is either a three-bedroom or four-bedroom house depending on how one room is used - either a bedroom or a living room. The house has two full bathrooms. The bathrooms have been remodeled & feature tile showers. The kitchen has a built-in sit-down dining table. The house tenants pay all utilities except sewer. The five-unit building features five one-bedroom units, mostly remodeled with newer kitchen cabinets, tile shower surrounds, tile bathroom floors, & newer bathroom cabinets. The average rent for a one-bedroom is $1472. The 5 unit tenants pay a prorated amount for water and electric - one meter. The 5 unit tenants pay their own gas. The owner pays for garbage & sewer. Additional units may be possible.
Sold for $1,295,000 on 03/21/23
$1,295,000
Katherine Ave, Salinas, CA 93901
--beds
--baths
3,858sqft
Five Or More Units
Built in 1941
-- sqft lot
$1,429,900 Zestimate®
$336/sqft
$2,961 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: December 21, 2024 at 01:07am
Listed by:
Hap Albers 01006595 831-372-1922,
Albers Real Estate Investment Company 831-372-1922
Bought with:
Hap Albers, 01006595
Albers Real Estate Investment Company
Source: MLSListings Inc,MLS#: ML81915772
Facts & features
Interior
Kitchen
- Features: Countertop_Formica, Countertop_Tile
Heating
- Gas, Wall Furnace
Cooling
- None
Appliances
- Included: Electric Oven/Range, Gas Oven/Range
- Laundry: Hookups Only
Features
- Flooring: Carpet, Tile, Vinyl Linoleum
- Doors: Other
Interior area
- Total structure area: 3,858
- Total interior livable area: 3,858 sqft
Property
Parking
- Total spaces: 5
- Parking features: Detached, Off Street, On Street, Parking Area
- Garage spaces: 2
- Has carport: Yes
Accessibility
- Accessibility features: Other
Lot
- Size: 0.37 Acres
- Features: Level
Details
- Parcel number: 002605005000
- Zoning: Commercial Office / Resid
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Five Or More Units
Materials
- Foundation: Concrete Perimeter
- Roof: Flat
Condition
- Year built: 1941
Utilities & green energy
- Gas: IndividualGasMeters
Community & neighborhood
Location
- Region: Salinas
Other
Other facts
- Listing agreement: ExclusiveRightToSell
- Listing terms: CashorConventionalLoan
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$1,429,900
2% more+$28,598
With Zillow Showcase(estimated)$1,458,498