Property Detail

Lang

Salinas CA 93901

$1,250,000

Status: Active

Property Details

Description

Fully occupied 4-unit income property in one of South Salinas most desirable neighborhoods. This property combines a triplex with a detached single-family residence - offering investors immediate cash flow, simplified management, & long-term growth potential in a high-demand rental market. Currently occupied by stable, long-term Section 8 tenants, providing reliable income with minimal turnover. Additional income is generated from on-site laundry facilities. Located in the sought-after Mission Park area of South Salinas, the property sits near Hartnell College, schools, bus lines, and major freeways, ensuring strong tenant demand. A shared driveway provides convenient parking for residents. Recent upgrades, including new plumbing, updated kitchens & baths, which all add to the property's appeal and reduce near-term capital needs. The adjacent duplex property is also for sale & the Sellers prefer to sell both parcels together as one investment opportunity if possible...

Map Location

Stowell & Associates

Stowell & Associates

CA DRE# 01397481
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