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Listed by Chantel Henson • Compass, DRE#01271580
$ 1,099,000
Est. payment /mo
New
20 S Hebbron AVE Salinas, CA 93905
12 Beds
6 Baths
4,134 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Square Footage 4,134 sqft
Price per Sqft $265
MLS Listing ID ML82057881
Bedrooms 12
Full Baths 4
Half Baths 4
Year Built 1965
Lot Size 9,600 Sqft
Property Sub-Type Fourplex
Property Description
**DO NOT ACCESS PROPERTY WITHOUT AN AGENT PRESENT ***Investment opportunity featuring four spacious 3-bedroom, 1.5-bath units situated across two separate buildings. The property offers approximately 4,320 square feet of total building area, with each building measuring approximately 2,160 square feet and containing two units. Each unit features a functional single-level floor plan with three bedrooms and 1.5 bathrooms. The half bath is located within a large walk-in closet in the primary bedroom, providing potential space to add a shower and create a second full bathroom, subject to buyer investigation, permits, and local requirements. The property is in need of some TLC and updating, offering an opportunity for a new owner to make improvements over time and enhance its overall appeal and value. Current rents are below fair market value, providing additional long-term upside for an investor. Any future rent increases are subject to applicable City of Salinas rent regulations and should be independently verified by the buyer. A solid investment opportunity offering spacious 3-bedroom units, existing rental income, below-market rents, and future value-add potential.
Location
State CA
County Monterey
Area Es-66
Zoning CR
Interior
Heating Central Forced Air
Cooling None
Exterior
Parking Features Attached Garage, On Street
Garage Spaces 4.0
Utilities Available Public Utilities
Roof Type Composition
Building
Story 1
Foundation Concrete Perimeter
Sewer Sewer - Public
Water Public
Level or Stories 1
Others
Tax ID 004-061-028-000
Security Features None
Horse Property No
Special Listing Condition Not Applicable
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