326 Central Avenue

Salinas, CA 93901

$1,700,000
Price
Beds
4,815 Sq. Ft.
$353 / Sq. Ft.
4,815
Sq. Ft.
$353
per Sq. Ft.

Description

South Salinas Urban Area. Located outside the southern portion of the Greater Bay Area. Twenty+ minutes to Marina State Beach, Monterey Bay Amenities and Municipal Airport. Easy access to North and South Highway 101. Walk to schools including Hartnell Collage, restaurants and shopping. All units upgraded 3+ years ago. Super clean and easy to maintain investment property. Great rental income. Separate laundry room and garbage can area with guest parking. Each Unit has parking in carport with storage...

Property Details for 326 Central Avenue

MLS City Name
SALINAS
Building Type
Other
Complex Name
South Salinas
Style
Contemporary
Garage Spaces
0
Parking Spaces
2

Location

Listing Courtesy of eXp Realty of California Inc., Debra Ann Demos, DRE #01104266

Property Details for 326 Central Avenue

StatusActive
MLS #ML81797392
Days on Compass323
Taxes$16,250 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeCOMM RI MULTI-UNITS 5+ / Other
Year Built1975
Lot Size0.16 AC / 7,150 SF
CountyMonterey County

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Location

Listing Courtesy of eXp Realty of California Inc., Debra Ann Demos, DRE #01104266

Building Information for 326 Central Avenue

Stories-Residences-Year Built1975Building Size-Lot Size0.16 AC / 7,150 SF

Payment Calculator

$7,051 per month

30 year fixed, 2.95% Interest

Principal and Interest

$5,697

Property Taxes

$1,354

HOA Dues

$0

Property Information for 326 Central Avenue

Features
    Room Information
  • Additional Rooms: Laundry Room, Storage
  • Kitchen: Cooktop - Gas, Countertop - Granite, Dishwasher, Garbage Disposal, Hood Over Range, Refrigerator
    Features
  • Energy Features: Double Pane Windows, Low Flow Shower , Low Flow Toilet
  • Flooring: Carpet, Laminate, Vinyl / Linoleum
  • Laundry: Coin Operated
  • Living SqFt: 4815
  • Pool: No
  • Security Features: None
  • Special Features: Parking
    Utilities
  • Cooling: None
  • Heating: Wall Furnace
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Sewer Septic: Sewer - Public
  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Water: Individual Water Meter, Public
    Carport and Parking
  • Carport Min: 6
    Garage
  • Garage and Parking: Assigned Spaces, Covered Parking, Guest / Visitor Parking
Property Details
    Homeowners Association
  • HOA Amenities: Additional Storage
  • HOA Exists: 0
  • HOA Fee: $0
    Property Details
  • Exterior: Dual Pane Windows, Wood
  • Min Num Of Units in Complex: 6
  • Area Text: SS
  • Roof: Flat / Low Pitch
  • Subclass: Five or More Units
  • Year Built Source: Other
  • Street Number: 326
  • Street Name: Central
  • Street Suffix: Avenue
  • Area ID: 72
Lot / Property Details
    Building Information
  • Number of Buildings: 1
  • Structure SqFt: 4815
  • Structure SqFt Source: Other
  • Age: 45
    Development Information
  • Construction Type: Concrete , Wood
  • Ownership Type: Individual
  • Zoning Detail: Multi-Residential
    Location Information
  • City Limits: Yes
  • Incorporated: No
  • Parcel Number: 002-143-026-000
  • County Name: Monterey
  • City Name: SALINAS
  • City Postal ID: 5389
  • Postal Code: 93901
  • Elementary School: 574
  • Elementary School District: 441
  • High School District Text: Salinas Union High
  • High School Text: Salinas High
    Lot Information
  • Foundation: Concrete Perimeter and Slab
  • Lot Acres: .16
  • Lot Description: Grade - Level, Private / Secluded
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Other
Multi Family Information
    Building Information
  • No Of Leased: 6
    General Information
  • Annual Tax Amount: $16,250
  • Capitalization Rate: 5.24
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Heating
  • Income Includes: Coin Operated Equip, Laundry
  • Vacancy Factor: 0
    Income / Expense Details
  • Expense Insurance: $600
  • Expense Landscape: $0
  • Expense Maintenance: $600
  • Expense Management: $0
  • Expense Trash: $1,680
  • Expenses Other: $3,000
  • Expenses Utility: $2,400
  • Expenses Total: $24,530
  • Operating Expenses Include: Miscellaneous/Other
  • Gross Rent Multiplier: 14.97
  • Income Annual Gross: $113,540
  • Income Annual Rental: $111,840
  • Income Gross Scheduled: $113,540
  • Income Other: $1,700
    Unit 1 Information
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Number of Bedrooms: 1
    Unit 2 Information
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Number of Bedrooms: 1
    Unit 3 Information
  • Unit 3 Full Bathrooms: 1
  • Unit 3 Number of Bedrooms: 1
    Unit 4 Information
  • Unit 4 Full Bathrooms: 1
  • Unit 4 Number of Bedrooms: 1
    Unit 5 Information
  • Unit5 Full Baths: 1

Property History for 326 Central Avenue

DateEvent & SourcePriceAppreciation
Oct 27, 2020

Listed (Active)

EBRD #ML81797392

Aug 10, 2020

Pending

EBRD #ML81797392

Jun 19, 2020

Listed (Active)

MLSListings #ML81797392

$1,700,000
DateEvent & SourcePrice
10/27/2020

Listed (Active)

EBRD #ML81797392

08/10/2020

Pending

EBRD #ML81797392

06/19/2020

Listed (Active)

MLSListings #ML81797392

$1,700,000

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

Public Records for 326 Central Avenue

Taxable ValueLand$603,432Additions$749,088Total$1,352,520
Tax Record2020$14,846 ($1,237 / month)
Home Facts
Baths6Total Finished SqFt4,815 SqFtAbove Grade Finished SqFt4,815 SqFtStories2Lot Size7,150 SqFtStyleMulti-Family Res (5+ Units)Year Built1975Year Renovated1975CountyMONTEREYAPN002143026000

Schools near 326 Central Avenue


SchoolTypeGradesDistanceRating
Roosevelt Elementary SchoolPublicK-60.2 mi
4
Sacred Heart SchoolPrivatePK-80.3 mi
NR
Washington Middle SchoolPublic7-80.5 mi
4
Temple Philadelphia Christian APrivate1-120.6 mi
NR

Roosevelt Elementary School

K-6, 0.2 mi, Public

4

Sacred Heart School

PK-8, 0.3 mi, Private

NR

Washington Middle School

7-8, 0.5 mi, Public

4

Temple Philadelphia Christian A

1-12, 0.6 mi, Private

NR

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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326 Central Avenue is a multi-family home for sale in Salinas, CA 93901. This property was listed for sale on June 19, 2020 by eXp Realty of California Inc. at $1,700,000. It has been on the market for a total of 402 days and was last sold on August 25, 2017. This listing's school districts are Salinas Union High School District, Salinas City Elementary School District. Nearby schools include Roosevelt Elementary School, Sacred Heart School and Washington Middle School. 326 Central Avenue is a 0-bed, 0-bath, 4,815 sqft multi-family home built in 1975.

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. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of eXp Realty of California Inc., Debra Ann Demos, DRE #01104266

Based on information from the San Francisco Association of Realtors as of 06/19/2020 12:00 AM, the MLSListings MLS as of 06/19/2020 12:00 AM, or the BAREIS MLS as of 06/19/2020 12:00 AM. MLS data is deemed reliable but is not guaranteed accurate by the MLS. Information is provided for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purposes other than to identify prospective properties consumers may be interested in purchasing. Data last updated on 06/28/2021 05:25 PM