20 S Hebbron AVE, Salinas, CA 93905

$1,099,000
4,134
SqFt

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List Price
$1,099,000
MLS#
ML82057881
Status
ACTIVE
Zoning
CR
Sqft. of Residence
4,134
Lot Size
9,600
Listing Area
Es-66

Property Description

Investment opportunity featuring four spacious 3-bedroom, 1.5-bath units situated across two separate buildings. Do not disturb occupants. The property offers approximately 4,320 square feet of total building area, with each building measuring approximately 2,160 square feet and containing two units. Each unit features a functional single-level floor plan with three bedrooms and 1.5 bathrooms. The half bath is located within a large walk-in closet in the primary bedroom, providing potential space to add a shower and create a second full bathroom, subject to buyer investigation, permits, and local requirements. The property is in need of some TLC and updating, offering an opportunity for a new owner to make improvements over time and enhance its overall appeal and value. Current rents are below fair market value, providing additional long-term upside for an investor. Any future rent increases are subject to applicable City of Salinas rent regulations and should be independently verified by the buyer. A solid investment opportunity offering spacious 3-bedroom units, existing rental income, below-market rents, and future value-add potential.

Additional Information

Age
61
Cooling System
None
Foundation
Concrete Perimeter
Garage Parking
Attached Garage, On Street
Heating System
Central Forced Air
Living Area
4,134
Lot Size
9,600
Neighborhood
Es-66
Other Utilities
Public Utilities
Roof
Composition
Sewer
Sewer - Public
Special Features
Parking
Total Number Of Units
4
Unincorporated Yn
Yes
Zoning
CR

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Calculator source: Real Geeks

Listing courtesy of Chantel Henson from Compass. 831-809-4100

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