75 N Hebbron AVE

SALINAS, CA 93905
Square Ft.
14,328
$4,395,000
This multifamily offering presents investors with a rare opportunity to acquire a well-located asset in the Salinas market characterized by exceptionally tight housing supply and robust long-term fundamentals. With current rents approximately 24.5% below market, the property offers significant upside potential through rent repositioning, management efficiency, or light value-add improvements.Read MoreRead Less
Market LogoCourtesy of Redwood Property Company, Alex Budka 831-275-5370
Listing Snapshot
Days Online
4
Last Updated
Property Type
Five Or More Units
Square Ft.
14,328
Lot Size
0.46 Acres
Year Built
1979
MLS Number
ML82012531
30 Days Snapshot Of 93905
$654k
+17%
(avg) sold price
5
+66%
homes sold
55
+12%
(avg) days on market
Snapshot
Area Map
Additional Details
Lot
Max Area: 20038.00, Max Area Units: Square Feet, Lot is 0.46000918273646 acres
Accessibility Features
Other
Unit One
Rent: $1,853, 850 approximate square feet, 2 bedrooms
Unit Two
Rent: $1,495, 400 approximate square feet
Building
14,328 structure square feet, Age: 46, Built in 1979, 3 buildings, 18 minimum units in complex
Cooling
None
Foundation
Wood Frame
Garage
Assigned Spaces, Off-Street Parking
Water Features
Public
Heating
Wall Furnace
Tenant Pays
Fee - Parking, Utilities - Electric, Utilities - Gas
Miscellaneous
Total expenses: 157633
Parking
6 parking spaces
Property
Zoning: Multifamily
Roof
Flat / Low Pitch
Security Features
None
Taxes
Annual tax amount: $49,735
Sewer
Sewer - Public
Utilities
Master Water, Separate Electric, Separate Gas, Individual Electric Meters, Individual Gas Meters
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Chris Mogensen
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