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20 S Hebbron Ave, Salinas, CA 93905

$1,099,000
•
  • 12

    bed

  • 4

    bath

  • 4,134

    Sqft ($266/Sqft)

Multi-family pending

About 20 S Hebbron Ave

Property type Multi-family
Neighborhood
Year built 1965
HOA fee $0/month
Lot size 9,600 Sqft
Movoto estimate
Parking 4 garage spaces
Property description
Investment opportunity featuring four spacious 3-bedroom, 1.5-bath units situated across two separate buildings. Do not disturb occupants. The property offers approximately 4,320 square feet of total building area, with each building measuring approximately 2,160 square feet and containing two units. Each unit features a functional single-level floor plan with three bedrooms and 1.5 bathrooms. The half bath is located within a large walk-in closet in the primary bedroom, providing potential space to add a shower and create a second full bathroom, subject to buyer investigation, permits, and local requirements. The property is in need of some TLC and updating, offering an opportunity for a new owner to make improvements over time and enhance its overall appeal and value. Current rents are below fair market value, providing additional long-term upside for an investor. Any future rent increases are subject to applicable City of Salinas rent regulations and should be independently verified by the buyer. A solid investment opportunity offering spacious 3-bedroom units, existing rental income, below-market rents, and future value-add potential.
Listed by
Listing Agent - Chantel Henson
Listing Office - Compass
Source: MLSListings mls logo
MLS#ML82057881 • last updated 1 week ago
Movoto checked MLSListings for data 5 minutes ago
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Overview
Cooling/AC None
Heating Central Forced Air
Type Residential Income (2-4 Units)
MLS # ML82057881
SqFt 4134
SubType Fourplex
Year Built 1965
Interior
Accessibility Features Parking
Exterior
Foundation Concrete Perimeter
Roof Composition
Garage/ Parking Desc Attached Garage, On Street
# Garage Spaces 4
Amenities / Utilities
Water Sources Public
Sewer/ Septic Sewer - Public
Utilities Public Utilities
Security Features None
Location
County Monterey
Area ES-66
APN 004-061-028-000
Zoning CR
Multifamily Details
Unit 4: # Bedrooms 3
Unit 1: # Full Baths 1
Unit 3: SqFt 1034
Unit 1: # Bedrooms 3
Unit 1: Rent 1956
Unit 2: # Bedrooms 3
Unit 2: # Full Baths 1
Unit 4: Rent 2249
Unit 3: # Bedrooms 3
Unit 4: SqFt 1033
Unit 4: # Full Baths 1
Unit 2: # Half Baths 1
Unit 1: # Half Baths 1
Unit 2: SqFt 1033
Unit 3: # Half Baths 1
Unit 4: # Half Baths 1
Unit 2 Rent 1531
Unit 1: SqFt 1034
Unit 3 Rent 1531
Unit 3: # Full Baths 1
Total # of Units 4
# Buildings 4
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  • Real Estate
  • CA
  • Monterey County
  • Salinas
  • 93905
  • Eastside
  • 20 S Hebbron Ave

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