Listed By:
Chantel Henson with Vanco Real Estate Executives - 831-809-4100
Address
470 Williams RD, Salinas, CA
Price
$ 2,629,000
Property Attributes
  • MLS#ML81961668
  • TypeContingent
  • CountyMONTEREY
  • CitySalinas
  • AreaES-68
  • Zip93905
  • Style
  • Price$ 2,629,000
  • Bedrooms3
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage4750
  • Lot Size1.1847 Acres
Data Source:
MLSListings Inc.
Property Description

PLEASE DO NOT Go onto property! Calling all Investors! This almost 1.2 acre lot spans from Williams road with another access point on the street over at Cross Avenue. There are (10) 1bd/1ba apartments all located on the main level and all with attached single car garages. PLUS 13 Mobile home spaces that are currently at full occupancy by well established tenants. There is also 1 2bd (maybe 3bd) 1 BA single family residence. The City of Salinas mentioned that there is the possibility of rezoning & building 24+ or more units on this lot. So there is greater potential for this property bring in more income.

Price History
4/17/2024 Listed $2,629,000

General Features

Heating Wall Furnace
Cooling None
Utilities Public Utilities
Roof Composition,Other
Water Public
Number of Garage Spaces 10
# of Buildings 3
Security Features None
Restrictions Age - No Restrictions,Below Market Rate Unit,Family Park,No Waterbeds,Parking Restrictions,Pets - Allowed
Year Built 1955
Age 69
Property SubType Five or More Units
City Limits (Y/N) Yes
Zoning Text RH/RL
Accessibility Parking
County Monterey
Property Type Commercial Multi-Residential (5+ units)
Special Listing Conditions Not Applicable
Status Contingent
City SALINAS
MLS Area ES-68
Listing Agent State License 01271580
Co-Listing Agent State License # 02042438
Co-Listing Agent Last Name Betty
Co-Listing Agent Last Name Stringer
Virtual Tour https://youtu.be/rhu0CuJffUE
Virtual Tour https://youtu.be/RwQ8Pv29vX4

Interior Features

Unit 1 Rent 625
Unit 2 Approx Square Footage 1000
Living SqFt 4750
Unit 2 Number of Bedrooms 2

Exterior Features

Lot Description Potential Re-Zone
Parking Features Assigned Spaces,Attached Garage,Common Parking Area,On Street,Parking Area
Parking Spaces 6
Lot Size Area 51607.00
Maximum Lot Size 51607.00
Sewer/Septic Sewer - Public
Meters Separate Electric
Foundation Details Concrete Perimeter
Building Area Total 4750
Lot Acres 1.1847
Lot Size Units Square Feet

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Contingent Average in 93905

Price
AVG $1.12M
$2.63M
Visits
AVG 106
48
Data Provided by Inside Real Estate®
Year Built
AVG 1963
1955