Salinas CA Multi Family for Sale
$2,250,000
43 Laureles Grade Salinas, CA 93908
- Type:
- Mixed Use
- Sq.Ft.:
- 2,843
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.98 Acres
- Year built:
- 1959
- Baths:
- MLS#:
- ML81986725
ADDITIONAL INFORMATION
Back on the market with beautiful capital improvements! Welcome to Highway 68/Pasteur of Heaven, an exceptional investment opportunity conveniently situated near Highway 68, providing quick access to the Monterey Peninsula and Salinas. At a strong 9.1% CAP Rate, this property is a rare find as it comprises multiple units, making it perfect for multi-generational living or serving as an investment property with the potential to generate substantial income. **Unit 1:** This is the main house with a spacious bathroom on the top floor, providing privacy and a separate entrance. It features two decks, one in the front and one at the back. Unit 1 includes a large wine rack in the kitchen, a wine cellar, a beautiful marble bath, a sauna in the back, and numerous other amenities.**Unit 2:** A newly remodeled 1-bedroom, 1-bath unit with fresh flooring and interior and exterior painting.**Unit 3:** A studio located on top of the garage, also recently remodeled with new interior and exterior paint, along with new flooring. This versatile layout offers ample space for everyone. Call now!
Salinas Real Estate
The median home value in Salinas, CA is $665,400. This is lower than the county median home value of $764,900. The national median home value is $338,100. The average price of homes sold in Salinas, CA is $665,400. Approximately 45.63% of Salinas homes are owned, compared to 51.36% rented, while 3.01% are vacant. Salinas real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Salinas real estate agent to arrange a tour today!
Salinas, California 93908 has a population of 163,004. Salinas 93908 is more family-centric than the surrounding county with 36.8% of the households containing married families with children. The county average for households married with children is 35.83%.
The median household income in Salinas, California 93908 is $75,747. The median household income for the surrounding county is $82,013 compared to the national median of $69,021. The median age of people living in Salinas 93908 is 31.3 years.
Salinas Weather
The average high temperature in July is 69.7 degrees, with an average low temperature in January of 40.8 degrees. The average rainfall is approximately 15.3 inches per year, with 0 inches of snow per year.