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Key Details
Sold Price $1,640,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 4,256 sqft
Price per Sqft $385
MLS Listing ID ML81956670
Sold Date 05/31/24
HOA Y/N No
Year Built 1961
Annual Tax Amount $21,840
Lot Size 0.356 Acres
Property Description
This six-unit complex is in excellent condition. The units are all two-bedroom / one-bathroom apartments with private front or back yards. The current rent average is $1,691. Market rents are estimated at $2,300. The rents were increased in the fall of 2023. Three units have an attached garage with washer and dryer hookups. The complex features six two-bedroom / one-bathroom units. Four units are separately metered for water and the tenants are responsible for the payment. Two units share the same water meter - the owner pays water for this meter. The tenants pay their own PG&E, including hot water. There is very little exterior landscaping. The exteriors are stucco and wood, and the roofs are estimated at 15 years old.
Location
State CA
County Monterey
Area 699 - Not Defined
Zoning Residenatial High Density
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Exterior
Carport Spaces 2
Utilities Available Natural Gas Available
Roof Type Composition
Total Parking Spaces 4
Building
Lot Description Level
Schools
School District Other
Others
Tax ID 004541044000
Financing Other
Special Listing Condition Standard
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Bought with Leticia Meza • Century 21 Showcase Realtors