739 Pajaro ST, Salinas, CA 93901

$6,275,000
14,656
SqFt

Listed by Hap Albers, 831-372-1922 from Albers Real Estate Investment Company
(If provided) CoList: from

List Price
$6,275,000
MLS#
ML81979058
Status
ACTIVE
Sqft. of Residence
14,656
Lot Size
21,933
Listing Area
Maple Park
Year Built
1929

Property Description

The Pajaro Pines Apartments consists of 22 units in three separate buildings (14,656 sq. ft) on two separate parcels (21,933 sq. ft). The 739 Pajaro Street unit mix consists of six studios, two one-bedroom units, and six two-bedroom apartments. 739 Pajaro Street is a 10,806 sq. ft building on a 12,213 sq. ft lot. These units have a San Francisco apartment feel with high ceilings, some fireplaces, and large closets. 109 Pine Street consists of seven one-bedroom units with open beam ceilings. 109 Pine Street is a 3,850 sq. ft building on a 9,720 sq. ft. lot. The 22nd unit is a one-bedroom cottage. The property has been upgraded including the electric main panel, subpanels, and the rear stairs were engineered and constructed in 2010. The property has many other upgrades including windows, remodeled units, owned laundry equipment (expected to generate $600/month revenue), and painting. The flooring in most units is original hardwood.

Additional Information

Acres
0.50
Age
95
Cooling System
None
Floor Covering
Carpet, Hardwood, Tile, Vinyl / Linoleum
Foundation
Concrete Perimeter
Garage Parking
Covered Parking, Off-Street Parking, On Street
Heating System
Gas, Wall Furnace
Laundry Facilities
Coin Operated
Living Area
14,656
Lot Size
21,933
Neighborhood
Maple Park
Other Utilities
Individual Electric Meters
Roof
Composition, Flat / Low Pitch
Sewer
Sewer Connected
Style
Spanish
Zoning
RL 5.5

Mortgage Calculator

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