Commercial Sale for sale in Salinas, California, ML81915772

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20 Katherine Avenue,

Salinas, California CA 93901

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Sold For: $1,295,000

Listing ID: ML81915772

Price/SqFt: $335.67

Status: Closed

Sold Date: 3/21/2023

SqFt: 3,858 Sq Ft

Year Built: 1941

Map Location

More Info

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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.

Primary Features

County: Monterey

Price/SqFt: 335.67

Property Type: Commercial Sale

Year Built: 1941

Zoning: Commercial Office / Residential

Interior

Cooling Type: None

Cooling: no

Heating: yes

Heating Type: Wall Furnace

External

Carport Spaces: 2

Lot Size Source: Assessor

Number Of Buildings: 2

Parking Total: 5

Roof: Flat

Location

MLS Area Major: 699 - Not Defined

Additional

Days On Market: 11

List Agent State License: 01006595

List Office State License: 01006595

Parcel Number: 002605005000

Year Built Source: Assessor

Financial

Gross Scheduled Income: 127320

Insurance Expense: 1937

Maintenance Expense: 4500

Other Expense: 2500

Special Listing Conditions: Standard

Tax Annual Amount: 16788

Total Expenses: 40705

Trash Expense: 4000

Zoning Info

© 2024. The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. All data, including but not limited to all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Any correspondence from IDX pages are routed to Realty Masters and Associates or one of their associates. Last updated Thursday, April 18th, 2024.

Based on information from CARETS as of Thursday, April 18th, 2024 04:13:01 PM. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

Any property information referenced on this website comes from the Internet Data Exchange (IDX) program of CRISNet MLS and/or CARETS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Salinas CA home offered at $1,399,000