Property Details
About this Property
Eleven units in Salinas have significant potential rent upside. The two-bedroom units average $1311 monthly, and the two-bedroom market rents are estimated at $2200. The studio and one-bedroom units average $1158 monthly, and the studio / one-bedroom market rents are estimated at $1500. Potentially, there is $5,000+ per month in rental upside. There are three two-bedroom cottages, one four-plex building, and four cottages connected with covered carports. The asphalt parking lot was recently repaved. The units are separately metered for gas and electricity. The owner pays for water, sewer, and garbage. The complex is close to grocery markets, restaurants, Highway 101, and many employment centers.
MLS Listing Information
MLS #
ML81957714
MLS Source
MLSListings, Inc.
Interior Features
Appliances
Oven Range - Gas
Flooring
Laminate, Tile, Vinyl/Linoleum
Laundry
None
Cooling
None
Heating
Gas, Wall Furnace
Exterior Features
Roof
Composition
Foundation
Concrete Perimeter
Parking, School, and Other Information
Garage/Parking
Carport, Garage: 0 Car(s)
Elementary District
Salinas City Elementary
High School District
Salinas Union High
Zoning
R-L-5.5 Residential Low D
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 5 | 11 | 11 |
| Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
|---|---|---|---|---|---|---|
| 1 | – | 2 | 1/0 | $1,291 | $1,461 | 4 |
| 2 | – | – | 1/0 | $1,126 | $1,187 | 4 |
| 3 | – | 1 | 1/0 | $1,052 | $1,254 | 3 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
501 Fremont St is a Residential Income in Salinas, CA 93905. This 4,248 square foot property sits on a 0.44 Acres Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,750,000 and was built in 1950. This address can also be written as 501 Fremont St, Salinas, CA 93905.
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This listing information is up-to-date as of December 21, 2024. For the most current information, please contact Hap Albers, (408) 893-6002
