850 Garner Ave
Description
- Listed by Hap Albers • DRE #01006595 • Brokerage DRE #01006595 • Albers Real Estate Investment Company • 831-372-1922
- Listed by Craig Coming • DRE #01258178 • Brokerage DRE #01226102 • Mangold Property Management
Property Details for 850 Garner Avenue
Property Details for 850 Garner Avenue
| Status | Sold |
|---|---|
| MLS # | ML81913969 |
| Days on Compass | 20 |
| Taxes | $90,854 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family 5+ |
| MLS Type | 5+ Units / Five or More Units |
| Year Built | 1978 |
| Lot Size | 1.22 AC / 53,233 SF |
| County | Monterey County |
Location
Sold By Albers Real Estate Investment Company, Hap Albers, DRE #01006595; Mangold Property Management, Craig Coming, DRE #01258178
Building Information for 850 Garner Avenue
Payment Calculator
$41,576 per month
30 year fixed, 6.15% Interest
$34,005
$7,571
$0
Property Information for 850 Garner Avenue
- Additional Rooms: Laundry Room
- Kitchen: Countertop - Formica, Countertop - Solid Surface / Corian, Countertop - Synthetic, Countertop - Tile, Exhaust Fan, Hood Over Range, Oven Range - Electric, Refrigerator
- Amenities: None
- Fireplace: No
- Flooring: Carpet, Laminate, Tile, Vinyl / Linoleum
- Laundry: Coin Operated
- Living SqFt: 4636
- Pool: No
- Security Features: Secured Garage / Parking
- Special Features: None
- Cooling: None
- Heating: Electric
- Meters: Master Electric, Master Gas, Master Water, Separate Electric
- Sewer Septic: Sewer Connected
- Utilities: Individual Electric Meters
- Water: Individual Water Meter, Private / Mutual
- Carport Min: 36
- Garage and Parking: Assigned Spaces, Carport, Off-Street Parking
- HOA Exists: 0
- HOA Fee: $0
- Min Num Of Units in Complex: 32
- Area Text: ES-68
- Roof: Flat / Low Pitch
- Stories: 0.0
- Subclass: Five or More Units
- Year Built Source: Assessor
- Street Number: 850
- Street Name: Garner
- Street Suffix: Avenue
- Area ID: 68
- Number of Buildings: 6
- Structure SqFt: 4636
- Structure SqFt Source: Assessor
- Age: 44
- Ownership Type: Individual
- Zoning Detail: R H 2.1
- City Limits: Yes
- Directions: Garner Avenue to Acosta Plaza.
- Incorporated: Yes
- Parcel Number: 004-321-044-000
- County Name: Monterey
- City Name: SALINAS
- City Postal ID: 5389
- Postal Code: 93905
- Elementary School: 1004
- Elementary School District: 430
- High School District Text: Salinas Union High
- High School Text: Alisal High
- Foundation: Concrete Perimeter and Slab, Concrete Slab
- Lot Acres: 1.22
- Lot Size Area Maximum Units: Square Feet
- Lot Size Area Minimum Units: Square Feet
- Lot Size Source: Assessor
- Dual Variable: No
- No Of Leased: 32
- Annual Tax Amount: $90,854
- Capitalization Rate: 5.04
- Tenant Expenses: Utilities - Electric, Utilities - Heating
- Income Includes: Laundry, Rents
- Vacancy Factor: 3
- Expense Insurance: $10,041
- Expense Landscape: $5,280
- Expense Maintenance: $57,440
- Expense Management: $66,373
- Expense Trash: $22,500
- Expenses Other: $12,504
- Expenses Utility: $42,216
- Expenses Total: $307,208
- Operating Expenses Include: Fee - License/Advertising, Fee - Property Management, Fee - Property Tax, Insurance, Maintenance, Maintenance - Exterminator, Maintenance - Repair, Reserve Fund, Services - Gardener, Services - Sewer, Services - Trash Removal, Supplies, Utilities - Electric, Utilities - Gas, Utilities - Hot Water, Utilities - Water, Vacancy Factor
- Gross Rent Multiplier: 10.55
- Income Annual Gross: $680,106
- Income Annual Rental: $694,740
- Income Gross Scheduled: $701,140
- Income Other: $6,400
- Unit 1 Full Bathrooms: 1
- Unit 1 Number of Bedrooms: 1
- Unit 1 Rent: $1,540
- Unit 2 Full Bathrooms: 1
- Unit 2 Number of Bedrooms: 2
- Unit 2 Rent: $1,900
- Unit 3 Full Bathrooms: 1
- Unit 3 Half Bathrooms: 1
- Unit 3 Number of Bedrooms: 3
- Unit 3 Rent: $1,600
- Unit 4 Rent: $0
- Lease Type: Net
Property History for 850 Garner Avenue
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Feb 24, 2023 | Sold RESFAR #81913969 | $6,977,000 | — |
| Feb 24, 2023 | Sold MLSListings #ML81913969 | $6,977,000 | — |
| Feb 24, 2023 | Sold EBRD #ML81913969 | $6,977,000 | — |
| Feb 9, 2023 | Sold (Public Record) Public Record #1506847110 | $6,977,000 | +5.0% / yr |
| Dec 20, 2022 | Pending EBRD #ML81913969 | — | |
| Dec 20, 2022 | Pending MLSListings #ML81913969 | — | |
| Dec 20, 2022 | Pending RESFAR #81913969 | — | |
| Dec 20, 2022 | Contingent - Show MLSListings #ML81913969 | — | |
| Dec 20, 2022 | Contingent - Show RESFAR #81913969 | — | |
| Nov 30, 2022 | Listed (Active) MLSListings #ML81913969 | $7,400,000 | — |
| Nov 30, 2022 | Listed (Active) RESFAR #81913969 | $7,400,000 | — |
| Nov 30, 2022 | Listed (Active) EBRD #ML81913969 | $7,400,000 | — |
| Feb 1, 1991 | Sold (Public Record) Public Record #69855692 | $1,460,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 02/24/2023 | Sold RESFAR #81913969 | $6,977,000 |
| 02/24/2023 | Sold MLSListings #ML81913969 | $6,977,000 |
| 02/24/2023 | Sold EBRD #ML81913969 | $6,977,000 |
| 02/09/2023 | Sold (Public Record) Public Record #1506847110 | $6,977,000 +5.0% / yr |
| 12/20/2022 | Pending EBRD #ML81913969 | — |
| 12/20/2022 | Pending MLSListings #ML81913969 | — |
| 12/20/2022 | Pending RESFAR #81913969 | — |
| 12/20/2022 | Contingent - Show MLSListings #ML81913969 | — |
| 12/20/2022 | Contingent - Show RESFAR #81913969 | — |
| 11/30/2022 | Listed (Active) MLSListings #ML81913969 | $7,400,000 |
| 11/30/2022 | Listed (Active) RESFAR #81913969 | $7,400,000 |
| 11/30/2022 | Listed (Active) EBRD #ML81913969 | $7,400,000 |
| 02/01/1991 | Sold (Public Record) Public Record #69855692 | $1,460,000 |
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 850 Garner Avenue
Schools near 850 Garner Avenue
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 6 | |||
| Public - | 7 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 7 to 12 |
Rating | School | Distance |
|---|---|---|
Dr. Martin Luther King, Jr. Academy PublicK to 6 | ||
El Sausal Middle School Public7 to 8 | ||
Alisal High School Public9 to 12 | ||
Carr Lake Community Day School Public7 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.
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Listing Courtesy of Albers Real Estate Investment Company, Hap Albers, DRE #01006595; Mangold Property Management, Craig Coming, DRE #01258178
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.