215217 LANG STREET

Salinas, CA 93901
$880,000
2031 sqft | 0.12 acres | #ML81989685
Courtesy of Century 21 Showcase Realtors

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Description

Own Your Real Estate Empire in South Salinas! This multi-unit complex, originally owned by one family, presents an exceptional investment opportunity. With two current owners, you can acquire this tri-plex and standalone single-family home on one APN, or expand your portfolio by adding the neighboring duplex, owned separately. The tri-plex includes three 1-bedroom, 1-bath units two on the ground floor and one upstairs with a dedicated laundry room and three parking spaces. The standalone back house features 2 bedrooms, 1 bath, and a new roof overlay completed in November 2024 for worry-free maintenance. The adjoining duplex offers potential for expansion and immediate income, making this a versatile investment opportunity. Together, these properties provide diverse rental streams and simplified management, making them a strategic addition to any portfolio. Located near Hartnell College, schools, bus lines, and major freeways, this property guarantees high tenant demand and long-term growth potential. Don't miss this rare chance to secure a high-growth investment. Sellers prefer these units be sold together, creating a legacy opportunity in sought-after South Salinas.

  • Property Details
      • Stories:2
      • Acres:0.1197
      • Square Feet:2031
      • Property type:Multi-Family
      • Year built:1930
      • Foundation:ConcretePerimeter
      • Sewer information:PublicSewer
      • Utility source:Public
      • School district:Other
      • County:Monterey
      • Original List Price:$880, 000
      • Taxes annual:$2, 500
      • MLS #:ML81989685
      • Cost:880000
      • Property subtype:MixedUse
      • MLS #:ML81989685

Location

The Alcantara GroupReal Estate Group
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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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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.

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