Fremont St, Salinas, CA 93905
UNDER CONTRACT0.44 ACRES

Fremont St
Salinas, CA 93905

Hebbron
  • 3 Beds
  • 3 Baths
  • 4,248 sqft (on 0.44 acres)
  • 3 Beds
  • 3 Baths
  • 4,248 sqft (on 0.44 acres)

$1,949,000

Est. Mortgage $12,382/mo*

Local Information

map showing home location
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-- mins to
Commute Destination

Description

Eleven units in Salinas have significant potential rent upside. The two-bedroom units average $1311 monthly, and the two-bedroom market rents are estimated at $2200. The studio and one-bedroom units average $1158 monthly, and the studio / one-bedroom market rents are estimated at $1500. Potentially, there is $5,000+ per month in rental upside. There are three two-bedroom cottages, one four-plex building, and four cottages connected with covered carports. The asphalt parking lot was recently repaved. The units are separately metered for gas and electricity. The owner pays for water, sewer, and garbage. The complex is close to grocery markets, restaurants, Highway 101, and many employment centers.

Home Highlights

Parking
Carport
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
$459
Listed
42 days ago

Home Details for Fremont St

Interior Features

Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 3
Dimensions and Layout
Living Area: 4248 Square Feet
Appliances & Utilities
Appliances: Gas Oven/RangeLaundry: None
Heating & Cooling
Heating: Gas,Wall FurnaceAir Conditioning: NoneHeating Fuel: Gas
Gas & Electric
Gas: IndividualGasMeters
Windows, Doors, Floors & Walls
Door: NoneFlooring: Laminate, Tile, Vinyl Linoleum
Levels, Entrance, & Accessibility
Accessibility: NoneFloors: Laminate, Tile, Vinyl Linoleum

Exterior Features

Exterior Home Features
Roof: CompositionFoundation: Concrete Perimeter
Parking & Garage
Has a CarportNo GarageParking Spaces: 5Parking: Carport

Days on Market

Days on Market: 42

Property Information

Year Built
Year Built: 1950
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Five Or More Units,
Property Information
Included in Sale: OvenRangeAllUnitsParcel Number: 004022014000

Price & Status

Price
List Price: $1,949,000Price Per Sqft: $459

Location

Direction & Address
City: Salinas
School Information
Elementary School District: SalinasCityElementaryHigh School District: SalinasUnionHigh

Agent Information

Listing Agent
Listing ID: ML81957714

Building

Building Area
Building Area: 4248

Community

Units in Building: 11

Lot Information

Lot Area: 0.44 acres

Listing Info

Special Conditions: Standard

Offer

Listing Agreement Type: ExclusiveRightToSellListing Terms: CashorConventionalLoan

Compensation

Buyer Agency Commission: 2.5Buyer Agency Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Rental

Lease Term: Month To Month

Miscellaneous

Mls Number: ML81957714Projected Close Date: Wed Jul 17 2024Zillow Contingency Status: Under Contract
Last check for updates: about 21 hours ago
Listing courtesy of Hap Albers 01006595, (408) 893-6002
Albers Real Estate Investment Company
Source: MLSListings Inc, MLS#ML81957714

Price History for Fremont St

DatePriceEventSource
04/15/2024$1,949,000ContingentMLSListings Inc #ML81957714
03/15/2024$1,949,000Listed For SaleMLSListings Inc #ML81957714

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LGBTQ Local Legal Protections

Hap Albers, Albers Real Estate Investment Company
Based on information from the MLSListings MLS as of 2024-04-26 01:57:23 PDT. 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.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Fremont St, Salinas, CA 93905 is a 3 bedroom, 3 bathroom, 4,248 sqft multi-family built in 1950. Fremont St is located in Hebbron, Salinas. This property is currently available for sale and was listed by MLSListings Inc on Mar 15, 2024. The MLS # for this home is MLS# ML81957714.