Lang Street, Salinas, CA 93901
- $1,250,000
- 2,031
- SqFt
- List Price
- $1,250,000
- Status
- ACTIVE
- MLS#
- ML82053603
- Year Built
- 1930
- Living Sq. Ft
- 2,031
- Lot Size
- 5,213
- Acres
- 0.12
- Lot Location
- Level
- Days on Market
- 18
- Property Type
- Multifamily
- Property Sub Type
- Quadruplex
Property Description
Fully occupied 4-unit income property in one of South Salinas most desirable neighborhoods. This property combines a triplex with a detached single-family residence - offering investors immediate cash flow, simplified management, & long-term growth potential in a high-demand rental market. Currently occupied by stable, long-term Section 8 tenants, providing reliable income with minimal turnover. Additional income is generated from on-site laundry facilities. Located in the sought-after Mission Park area of South Salinas, the property sits near Hartnell College, schools, bus lines, and major freeways, ensuring strong tenant demand. A shared driveway provides convenient parking for residents. Recent upgrades, including new plumbing, updated kitchens & baths, which all add to the property's appeal and reduce near-term capital needs. The adjacent duplex property is also for sale & the Sellers prefer to sell both parcels together as one investment opportunity if possible...
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Additional Information
- Taxes
- $10,560
- Heat
- Wall Furnace
- Cooling
- Yes
- Cooling Description
- None
- Roof
- Composition
- Sewer
- Public Sewer
- Water
- Public
- School District
- Other
- High School
- Salinas
- Attached Structure
- Detached
- Gross Scheduled Income
- $114,588
Listing courtesy of Listing Agent: Jeff Wickum (jeff@wickum.com) from Listing Office: Epique Realty.
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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.