Comm Ri Multi-units 5+ For Sale
2,278 Sqft - 620 Roosevelt Street, SALINAS, California 93905
Property Description
Great opportunity to own a 5 unit apartment complex in Salinas. The investment offers a solid income stream with fully occupied units with most tenants being on month to month leases. There is 1- 2 bedroom 1 bath unit and 4- 1 bedroom 1 bath units. Tenants help pay prorated utilities and pay for parking on site. This complex has a upside in rents and is a good value add investment.
Basic Details
Property Type : Comm Ri Multi-units 5+
Listing Type : For Sale
Listing ID : ML81827715
Price : $799,000
Bedrooms : 0
Bathrooms : 0
Half Bathrooms : 0
Square Footage : 2,278 Sqft
Year Built : 1930
Lot Area : 0.23 Sqft
Features
Heating System : Gas
Roof : Tar And Gravel
Address Map
Country : US
State : CA
County : Monterey
City : SALINAS
Zipcode : 93905
Street : Roosevelt Street
Street Number : 620
Floor Number : 0
Longitude : W122° 21' 56.5''
Latitude : N36° 40' 29.5''
MLS Addon
Office Name : Agency One Real Estate
Building Type : Other
Area : All Other Counties/States
Address : 620 Roosevelt Street
Cross Street : Pearl
LA1User Code : MLL5078496
LA1Agent First Name : Sean
LA1Agent Last Name : Griffin
Status Category : Sold
Tot # Parking Spaces : 10
Tot # of Units : 5
Zoning : HDR
List $/SqFt : $0
Age : 91
Apx Lot Sq Ft : 9,883 Sqft
Type of Building : Apt Complex
Annual Taxes : $9,588
Total Deposits : $0
OPERATING EXPENSES : Insurance, Trash Removal, Water
TENANT PAYS : Electric, Gas, Water
WATER/SEWER : Water - Public, Sewer System - Public
Bus Sq Ft of Bldg : 0 Sqft
Other Loans (Y/N) : No
1st Loan Balance : $0
2nd Loan Balance : $0
Tot Other Loans : $0
Financial Data Verif(Y/N) : 6.78
Ann Act Gross Inc : $0
Gross Oper Actual Inc : $0
Listing Type : Excl Right
Listing Service : Full Service
Special Information : None
Original Price : $900,000
Sold Price : $750,000
Previous Price : $0
Sale $/SqFt : $0
Gross Oper Actual Inc : 0
Annual Gross Sched Inc : 77574
Net Oper Income : 54191
Annual Mgmt Exp : 0
Annual License Exp : 0
Annual Util Exp : 2399
Other Ann Exp : 0
Tot Ann Oper Exp : 0
First Loan Payment : 0
First Balance : 0
Annual Insurance Exp : 0
INTERNET DISPLAY : 0
INTERNET SITES : 0
SA1Agent Type : 0
Gross Rent Multiplier : 10.30
Buyer Agent DRE Num. : 01218043
List Agent DRE Num. : 01466508
Filtered Address : 620 Roosevelt ST
LA1Agent License ID : 01466508
LA1Old Agent ID : 362155
LA1NRDS_ID : 180011984
SA1Agent First Name : Leo
SA1Agent Last Name : Alvarez
SA1Agent License ID : 01218043
SA1User Code : MLL152142
SA1Old Agent ID : 10302
SA1NRDS_ID : 180010289
Annual Vacancy : 0
Gross Income : 0
Sale/Original $ : 0
Annual Exp Yr : 0
Sale $/SqFt : 0
1st - Yrs Remaining : 0
Sale/Last List $ : 0
Interest Rate : 0
Board ID : Datashare MLSListings
Assessors Parcel No : 004-042-005-000
Showing : None
SO1Office Abbreviation : MLL37250
SO1Office Name : Century 21 A Property Shoppe
LO1Main Office ID : 84322
LO1Board ID : 0
LO2Office Identifier : 0
LO2Main Office ID : 0
SO1Office Identifier : 69919
SO1Board ID : 0
SO2Office Identifier : 0
SO2Office Type : 0
VOW Include : Yes
VOW Address : Yes
VOW Comment : Yes
VOW AVM : Yes
Status Detail : 0
Search Price : 750000
Address Search Number : 620
Listing Agent : 307749
Listing Office : 84322
Co-List Agent : 0
Listing Office 2 : 0
Apprx Equity : 0
Buyer Agent 1 : 241545
Buying Office 1 : 69919
Co-Sell Agent : 0
Buying Office 2 : 0
Photo Count : 1
Input Date : 29/01/2021 20:33:21
Update Date : 15/07/2021 18:27:17
PhotoTimestamp : 15/07/2021 10:53:32
First Photo Add Timestamp :
List Date : 29/01/2021
Expire Date :
Pending Date : 29/04/2021
Closing Date : 30/06/2021
Status Date : 14/07/2021
Price Date :
Off Market Date : 14/07/2021
Status : Sold
Dual Variable : No
HOA : No
Off Market Status Date :
LVT Date :
DOMLS : 166
Cumulative DOMLS : 166
Unit # 1 # of Bedrooms: 2
Unit # 1 Approx. SqFt: 700
Unit # 1 Rent: 1635
Unit # 2 # of Bedrooms: 1
Unit # 2 Approx. SqFt: 395
Unit # 2 Rent: 1090
