Movoto Real Estate

119 Carr Ave, Salinas, CA 93905

  • $950,000

  • 5

    bed

  • 4

    bath

  • 2,050

    Sqft ($463/Sqft)

Multi-family active under contract 156 days
Movoto is helping 108 homebuyers near you

About 119 Carr Ave

Property type Multi-family
Neighborhood
Year built 1941
HOA fee $0/month
Lot size 7,501 Sqft
Movoto estimate
Parking 1 garage spaces
Property description
This property is a unique investment opportunity in the heart of Salinas! This one-of-a-kind 4-unit multi-family property features four separate units, each offering privacy and character that tenants love. With a mix of long-term, stable tenants, this property provides immediate income potential while still offering room for growth. The seller completed select renovations during the pandemic, blending modern updates with the property's original charm. This property has easy access to shopping and dining. It is perfect for investors looking to expand their portfolio or an owner-occupant seeking rental income. The city says converting the garage to a 5th unit is possible, Buyers to verify with the city. Key Features: Four individual cottages No shared walls, offering privacy for tenants Recent updates completed during the pandemic Great potential for value appreciation in a growing rental market Don't miss this rare opportunity to own a charming and income-generating property in Salinas.
Listed by
Listing Agent - Mark Cohan
Listing Office - Compass
Source: MLSListings mls logo
MLS#ML82037604 • last updated 5 days ago
Movoto checked MLSListings for data 5 minutes ago
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Overview
Cooling/AC None
Heating Wall Furnace
Levels/Style Bungalow, Mediterranean
Type Residential Income (2-4 Units)
MLS # ML82037604
SqFt 2050
SubType Fourplex
Lot Size (Acres) 0.1722
Year Built 1941
Interior
Kitchen Countertop - Stone
Flooring Carpet, Laminate, Tile
Accessibility Features None
Exterior
Foundation Concrete Perimeter And Slab
Roof Bituthene, Composition
Construction Wood Frame
Garage/ Parking Desc Off-Street Parking
# Parking Spaces 4
# Garage Spaces 1
Lot Description Grade - Level, Regular
Amenities / Utilities
Water Sources Public
Sewer/ Septic Sewer - Public
Utilities Public Utilities
Security Features None
Location
County Monterey
Area ES-66
APN 004-023-002
Zoning R-L-5.5
Multifamily Details
Unit 4: # Bedrooms 1
Unit 1: # Full Baths 1
Unit 3: SqFt 750
Unit 1: # Bedrooms 1
Unit 1: Rent 1440
Unit 2: # Bedrooms 1
Unit 2: # Full Baths 1
Unit 4: Rent 1632
Unit 3: # Bedrooms 2
Unit 4: SqFt 516
Unit 4: # Full Baths 1
Unit 2: SqFt 435
Unit 2 Rent 1440
Unit 1: SqFt 435
Unit 3 Rent 1659
Unit 3: # Full Baths 1
Total # of Units 4
# Buildings 4
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  • Real Estate
  • CA
  • Monterey County
  • Salinas
  • 93905
  • Eastside
  • 119 Carr Ave

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