43 Laureles Grade
Salinas, CA 93908
2843 sqft | 0.98 acres | #ML81986725
Description
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!
Property Details
- Property TypeMulti-Family
- Sewer InformationPublicSewer
- Original List Price$2,250,000
- MLS #ML81986725
- MLS #ML81986725
- CountyMonterey
- Property SubtypeMixedUse
- Cost2250000
- Taxes Annual$2,400
- School DistrictOther
- Acres0.98
- Square Feet2843
- Year Built1959
- FoundationSlab
- Utility SourceWell
- Stories1
- Parking Spaces2
Location
Legal
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Last Updated:Â . Source: CRMLS
Listing Courtesy
Listing Agent: Joe Villanueva (#ML5066060)
Listing Office: Villa Nueva Properties (#ML5009468)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
