157 Central Avenue, Salinas, CA, CA 93901
- $1,495,000
- List Price
- $1,495,000
- Status
- ACTIVE
- MLS#
- ML82060994
- County
- Monterey
- Zoning
- CO
- Year Built
- 1934
- Square Feet
- 3,441
- Lot Size (acres)
- 0.1542
- Days on Market
- 1
- Property Type
- Commercial
Property Description
157 Central Ave is an 8-unit apartment complex located in Downtown Salinas, adjacent to Hartnell College and Monterey County government offices. The property consists of six studio apartments within the two-story main building, along with two detached units: one one-bedroom/ one-bath unit and one three-bedroom/one-bath unit. The property has historically experienced very low tenant turnover, providing a stable and consistent rental history. The one-bedroom/one-bath unit can be delivered vacant at closing, offering an owner-user the opportunity to occupy the unit or an investor the flexibility to lease it at market rates.
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Additional Information
- Taxes
- $16,744
- Parcel Number
- 002252011000
- Gross Scheduled Income
- $164,580
- Heat
- Wall Furnace
- Cooling
- Yes
- Cooling Description
- None
- Roof
- Composition
- Parking Spaces
- 3
- Water
- Public
- School District
- Other
Listing courtesy of Listing Agent: Patrick Stafford (pstafford@mahoneycommercial.com) from Listing Office: Baird Partnership, Inc..
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.