$2,275,000
$2,629,000
13.5%For more information regarding the value of a property, please contact us for a free consultation.
1.18 Acres Lot
SOLD DATE : 08/22/2024
Key Details
Sold Price $2,275,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID ML81961668
Sold Date 08/22/24
HOA Y/N No
Year Built 1955
Annual Tax Amount $4,373
Lot Size 1.185 Acres
Property Description
PLEASE DO NOT Go onto property! Calling all Investors! This almost 1.2 acre lot spans from Williams road with another access point on the street over at Cross Avenue. There are (10) 1bd/1ba apartments all located on the main level and all with attached single car garages. PLUS 13 Mobile home spaces that are currently at full occupancy by well established tenants. There is also 1 2bd (maybe 3bd) 1 BA single family residence. The City of Salinas mentioned that there is the possibility of rezoning & building 24+ or more units on this lot. So there is greater potential for this property bring in more income.
Location
State CA
County Monterey
Area 699 - Not Defined
Zoning RH/RL
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Exterior
Roof Type Composition,Other
Total Parking Spaces 6
Building
Water Public
Schools
School District Other
Others
Tax ID 004491007000
Financing Cash
Special Listing Condition Standard
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Bought with James Kendall • Baird Partnership, Inc.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "