$2,250,000
For Sale

43 Laureles Grade

Salinas, CA 93908
2843 sqft | 0.98 acres | #ML81986725
Listing OfficeVilla Nueva Properties
Browse 170 photos
Type:Multi-Family
Structure:Duplex/Multi-Unit
Zone:Residential

Description

Back on the market with beautiful capital improvements! Welcome to Highway 68/Pasteur of Heaven, an exceptional investment opportunity conveniently situated near Highway 68, providing quick access to the Monterey Peninsula and Salinas. At a strong 9.1% CAP Rate, this property is a rare find as it comprises multiple units, making it perfect for multi-generational living or serving as an investment property with the potential to generate substantial income. **Unit 1:** This is the main house with a spacious bathroom on the top floor, providing privacy and a separate entrance. It features two decks, one in the front and one at the back. Unit 1 includes a large wine rack in the kitchen, a wine cellar, a beautiful marble bath, a sauna in the back, and numerous other amenities.**Unit 2:** A newly remodeled 1-bedroom, 1-bath unit with fresh flooring and interior and exterior painting.**Unit 3:** A studio located on top of the garage, also recently remodeled with new interior and exterior paint, along with new flooring. This versatile layout offers ample space for everyone. Call now!

  • Property Details
      • Stories1
    • Measurements
      • Acres0.98
      • Square Feet2843
    • Parking
      • Parking Spaces2
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1959
    • Material information
      • FoundationSlab
  • Utilities / Energy Details
      • Sewer InformationPublicSewer
      • Utility SourceWell
  • Community and Neighborhood Details
      • CountyMonterey
      • School DistrictOther
  • Financial Details
      • Original List Price$2,250,000
      • Taxes Annual$2,400
  • Other
      • MLS #ML81986725

Location

SparrowLily Realty, Inc.Real Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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