1904 Monterey Street

Soledad, CA 93960

$9,352,380
Price
Beds
24,148 Sq. Ft.
$387 / Sq. Ft.
24,148
Sq. Ft.
$387
per Sq. Ft.

Description

1904 Monterey Street in Soledad is a 26-unit apartment complex built from the ground up in 2020. The entire property is master-leased to one Tenant. All units are two bedroom one bath and range in size between 844 SF to 916 SF.1904 Monterey Street in Soledad is a 26-unit apartment complex built from the ground up in 2020. The entire property is master-leased to one Tenant. All units are two bedroom one bath and range in size between 844 SF to 916 SF.
  1. Listed by Patrick Stafford • DRE #01857243 • Brokerage DRE #00533485 • Baird Partnership, Inc. • 831-238-3592

Property Details for 1904 Monterey Street

MLS City Name
SOLEDAD
Building Type
Other
Garage Spaces
0
Parking Spaces
34

Location

Listing Courtesy of Baird Partnership, Inc., Patrick Stafford, DRE #01857243
Add your commute
LISTING UPDATED: 04/02/2024 01:34 PM

Property Details for 1904 Monterey Street

StatusActive
MLS #ML81943762
Days on Compass214
Taxes$109,176 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS Type5+ Units / Five or More Units
Year Built2020
Lot Size1.29 AC / 56,323 SF
CountyMonterey County

Location

Listing Courtesy of Baird Partnership, Inc., Patrick Stafford, DRE #01857243
Add your commute

Building Information for 1904 Monterey Street

Stories-Residences-Year Built2020Building Size-Lot Size1.29 AC / 56,323 SF

Payment Calculator

$60,138 per month

30 year fixed, 7.25% Interest

Principal and Interest

$51,040

Property Taxes

$9,098

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1904 Monterey Street

Features
Features
  • Fireplace: No
  • Living SqFt: 24148
  • Pool: No
  • Security Features: None
  • Special Features: Parking
Utilities
  • Cooling: None
  • Heating: Forced Air
  • Meters: Master Water, Separate Electric, Separate Gas
  • Sewer Septic: Sewer - Public
  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Water: Public
Carport and Parking
  • Carport Min: 23
Garage
  • Garage and Parking: Covered Parking, Off-Site Parking
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Min Num Of Units in Complex: 26
  • Area Text: Soledad
  • Restrictions: None
  • Roof: Composition
  • Subclass: Five or More Units
  • Year Built Source: Other
  • Street Number: 1904
  • Street Name: Monterey
  • Street Suffix: Street
  • Area ID: 95
Lot / Property Details
Building Information
  • Number of Buildings: 2
  • Structure SqFt: 24148
  • Structure SqFt Source: Other
  • Age: 3
Development Information
  • Zoning Detail: R-3
Location Information
  • Parcel Number: 022-064-012-000
  • County Name: Monterey
  • City Name: SOLEDAD
  • City Postal ID: 213
  • Postal Code: 93960
  • Elementary School District: 956
  • High School District Text: Soledad Unified
Lot Information
  • Foundation: Concrete Slab
  • Lot Acres: 1.29
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
Multi Family Information
Building Information
  • No Of Leased: 26
General Information
  • Annual Tax Amount: $109,176
  • Capitalization Rate: 5.46
  • Tenant Expenses: Services - Gardener/Landscaping, Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Water, Other
  • Income Includes: Rents
  • Vacancy Factor: 0
Income / Expense Details
  • Expense Insurance: $0
  • Expense Landscape: $0
  • Expense Maintenance: $0
  • Expense Management: $0
  • Expense Trash: $0
  • Expenses Other: $0
  • Expenses Utility: $8,000
  • Expenses Total: $117,176
  • Operating Expenses Include: Fee - Property Tax, Services - Sewer
  • Gross Rent Multiplier: 14.91
  • Income Annual Gross: $627,381
  • Income Annual Rental: $627,381
  • Income Gross Scheduled: $627,381
  • Income Other: $0
Unit 1 Information
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Half Bathrooms: 0
  • Unit 1 Number of Bedrooms: 2
Unit Type 1
  • Unit Type1 Approx SqFt: 880

Property History for 1904 Monterey Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1904 Monterey Street

Taxable ValueLand$236,719Additions$2,244,000Total$2,480,719
Tax Record2023$29,676 ($2,473 / month)
Home Facts
Lot Size56,323 SqFtStyleMulti-Family Res (5+ Units)CountyMONTEREYAPN022-064-012-000

Schools near 1904 Monterey Street

This home is within Soledad Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Jack Franscioni Elementary School
PublicK to 6

Main Street Middle School
Public7 to 8

Soledad High School
Public9 to 12

Pinnacles High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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1904 Monterey Street is a multi-family home for sale in Soledad, CA 93960. This property was listed for sale on October 2, 2023 by Baird Partnership, Inc., it's currently listed at $9,352,380. It has been on the market for a total of 214 days and was last sold on March 7, 2013. This listing's school district is Soledad Unified School District. Nearby schools include Jack Franscioni Elementary School, Main Street Middle School and Soledad High School. 1904 Monterey Street is a 0-bed, 0-bath, 24,148 sqft multi-family home built in 2020.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Baird Partnership, Inc., Patrick Stafford, DRE #01857243

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.