Property Details
About this Property
Great investment opportunity. Low-maintenance 4-plex with two one-level buildings on a large 11,900+ square foot lot. Annual Gross Income $106,560.00. All units have two bedrooms, one full bath, and laundry hook-up with yards/patios. Walking distance to markets, restaurants/deli, parks, and schools in established Sherwood neighborhood. All leases are month-to-month, conventional residential financing for 4-plex or cash or maybe your 1031 Exchange clients.
MLS Listing Information
MLS #
ML81995311
MLS Source
MLSListings, Inc.
Days on Site
75
Interior Features
Laundry
Hookups Only
Cooling
None
Heating
Wall Furnace
Exterior Features
Roof
Composition
Foundation
Concrete Perimeter and Slab
Style
Traditional
Parking, School, and Other Information
Garage/Parking
Common Parking Area, Garage: 0 Car(s)
Elementary District
Salinas City Elementary
High School District
Salinas Union High
Sewer
Public Sewer
Water
Public
Zoning
4 plex
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | 4 | 4 |
| Unit # | Sq Ft | Beds | Baths | Rent |
|---|---|---|---|---|
| 1 | 800 | 2 | 1/0 | $2,160 |
| 2 | 800 | 2 | 1/0 | $2,160 |
| 3 | 800 | 2 | 1/0 | $2,400 |
| 4 | 800 | 2 | 1/0 | $2,160 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
75 S Madeira Ave is a Residential Income in Salinas, CA 93905. This 3,136 square foot property sits on a 0.274 Acres Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,550,000 and was built in 1964. This address can also be written as 75 S Madeira Ave, Salinas, CA 93905.
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This listing information is up-to-date as of March 05, 2025. For the most current information, please contact Debra Ann Demos, (831) 818-9137
