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1155 E Laurel DR

SALINAS, CA 93905
Square Ft.
11,200
Active
Multifamily
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$3,990,000
This 14-unit apartment complex delivers many investor positives which will increase your investment return. The unit mix features all two-bedroom / one-bathroom units with a $2,100 monthly average rent. Market rents are $2200 plus. Capital improvements include: new asphalt comp roof 2018, exterior painting 2018, catwalk repairs, new stainless steel… Read MoreRead Less
Market LogoCourtesy of Albers Real Estate Investment Company, Hap Albers 831-372-1922
Listing Snapshot
Days Online
116
Last Updated
Property Type
Five Or More Units
Square Ft.
11,200
Lot Size
0.33 Acres
Year Built
1978
MLS Number
ML81996974
30 Days Snapshot Of 93905
$641k
+15%
(avg) sold price
6
+100%
homes sold
61
+24%
(avg) days on market
Snapshot
Area Map
Additional Details
Floors
Tile, Carpet, Laminate, Vinyl / Linoleum
Lot
Max Area: 14536.00, Max Area Units: Square Feet, Grade - Level, Lot is 0.33370064279155 acres
Accessibility Features
None
Unit One
Rent: $1,600, 2 bedrooms
Building
11,200 structure square feet, Age: 47, Built in 1978, 1 building, Construction type: Wood, 14 minimum units in complex
Cooling
None
Foundation
Concrete Slab
Garage
Off-Street Parking, Uncovered Parking
Water Features
Private / Mutual
Heating
Gas, Wall Furnace
Kitchen
Countertop - Formica, Countertop - Synthetic, Exhaust Fan, Oven Range - Electric, Refrigerator
Laundry
Coin Operated, Washer / Dryer
Tenant Pays
Utilities - Electric, Utilities - Gas, Utilities - Heating
Miscellaneous
Total expenses: 127869
Parking
18 parking spaces
Property
Zoning: R H 2 1, Yard/Grounds: Low Maintenance
Roof
Composition
Security Features
None
Taxes
Annual tax amount: $52,868
Sewer
Sewer Connected
Utilities
Master Electric, Master Gas, Master Water, Separate Common Area, Separate Electric, Individual Electric Meters, Individual Gas Meters
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Monthly Payment
$0
Chris Mogensen
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Schools In The Area

Check out nearby schools with ratings and contact info.
Dr. Martin Luther King Jr. Academy 831-796-3916 Public KG-6
El Sausal Middle School 831-796-7200 Public 7-8
Alisal High School 831-796-7600 Public 9-12
Dr. Martin Luther King Jr. Academy 831-796-3916 Public KG-6
Dr. Martin Luther King Jr. Academy 831-796-3916 Public KG-6
Dr. Martin Luther King Jr. Academy 831-796-3916 Public KG-6
El Sausal Middle School 831-796-7200 Public 7-8
Alisal High School 831-796-7600 Public 9-12

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