82
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$1,995,000
Est. payment /mo
10,410 Sqft Lot
New
Lang ST Salinas, CA 93901
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML82052801
HOA Y/N No
Year Built 1930
Annual Tax Amount $18,144
Lot Size 10,410 Sqft
Property Description
Fully occupied 6-unit income portfolio in one of South Salinas most desirable neighborhoods. This rare package combines 2 adjacent parcels- a duplex and 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. The portfolio consists of 5, 1-bed/1-bath units & one 2-bed/1-bath SFR, plus a storage shed. All six units are 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 & a new roof overlay on one building, add to the propertys appeal and reduce near-term capital needs. Whether youre a seasoned investor looking to expand your portfolio or a buyer seeking a low-maintenance, high-yield multifamily asset, this complete 6-unit package delivers immediate income & a strategic foothold in South Salinas. Sellers prefer to sell both parcels together as one investment opportunity.
Location
State CA
County Monterey
Area 699 - Not Defined
Zoning Multi Family
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Exterior
Roof Type Composition
Total Parking Spaces 7
Building
Water Public
Schools
High Schools Salinas
School District Other
Others
Tax ID 002422020000
Special Listing Condition Standard
Listed by Jeff Wickum Epique Realty #01248741
NEARBY SCHOOL & BUSINESS
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