ActiveCommercial · sale

Lang Street

Salinas, CA 93901

$1,995,000

  • 0.24 acres
  • Built 1930

Listed by Epique Realty · MLS #ML82052801

A FEW THINGS TO NOTICE

What stands out.

Year built

Built in 1930.

Property size

0.24 acres listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

Fully occupied 6unit income portfolio in one of South Salinas most desirable neighborhoods This rare package combines 2 adjacent parcels a duplex and a triplex with a detached singlefamily residence offering investors immediate cash flow simplified management longterm growth potential in a highdemand rental market The portfolio consists of 5 1bed1bath units one 2bed1bath SFR plus a storage shed All six units are currently occupied by stable longterm Section 8 tenants providing reliable income with minimal turnover Additional income is generated from onsite laundry facilities Located in the soughtafter 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 a new roof overlay on one building add to the propertys appeal and reduce nearterm capital needs Whether youre a seasoned investor looking to expand your portfolio or a buyer seeking a lowmaintenance highyield multifamily asset this complete 6unit package delivers immediate income a strategic foothold in South Salinas Sellers prefer to sell both parcels together as one investment opportunity

THE NEIGHBORHOOD

Explore the location.

Lang Street, Salinas, CA 93901

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THE DETAILS

The details, all in one place.

Property type
CommercialSale
Category
Commercial
Year built
1930
Cooling
None
Heating
WallFurnace
Zoning
Multi Family
Parcel
002422020000
High school
Salinas
Annual property tax
$18,144.00
HOA fee
$0.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

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Lang Street, Salinas, CA 93901 · MLS #ML82052801

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Listing information

MLS #ML82052801 · California Regional MLS

Listing brokerage: Epique Realty
Listing agent: Jeff Wickum

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright © 2023 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved.