Rare opportunity to acquire a generationally held 22-unit apartment complex in Salinas, owned by the same family since its original construction. The property features a consistent unit mix of two-bedroom, one-bathroom residences that have been well maintained over the years. Comfortable and functional in their present condition, the interiors also… Read More offer opportunities for selective modernization as units become available, allowing new ownership to build upon a solid foundation and enhance long-term value. Parking includes 23 covered carport spaces and 13 additional open spaces. An on-site laundry facility offers added convenience for residents. With its substantial scale, desirable unit mix, the property presents a noteworthy long-term investment opportunity. Read Less
Courtesy of Sotheby's International Realty, Chris Barre 831-484-4298
Listing Snapshot
Days Online
0
Last Updated
Property Type
Five Or More Units
Square Ft.
17,306
Lot Size
0.66 Acres
Year Built
1974
MLS Number
ML82058355
30 Days Snapshot Of 93905
$665k
-5%
(avg) sold price
7
0%
homes sold
57
+147%
(avg) days on market
Snapshot
Area Map
Additional Details
Utilities
Public Utilities, Master Water, Separate Electric, Separate Gas, Individual Electric Meters, Individual Gas Meters
Lot
Max Area: 28800.00, Max Area Units: Square Feet, Grade - Level, Lot is 0.66115702479339 acres
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the MLSListingsTM MLS system. Real estate listings held by brokerage firms other than the office represented by this website are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents. The broker providing this data believes the data to be correct, but advises interested parties to confirm all information before relying on it for a purchase decision. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings last updated on .
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