$880,000
For Sale

215217 LANG STREET

Salinas, CA 93901
2031 sqft | 0.12 acres | #ML81989685
Listing OfficeCentury 21 Showcase Realtors
Browse 201 photos

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Type:Multi-Family
Structure:Duplex/Multi-Unit
Zone:Residential

Description

Own Your Real Estate Empire in South Salinas! This multi-unit complex, originally owned by one family, presents an exceptional investment opportunity. With two current owners, you can acquire this tri-plex and standalone single-family home on one APN, or expand your portfolio by adding the neighboring duplex, owned separately. The tri-plex includes three 1-bedroom, 1-bath units two on the ground floor and one upstairs with a dedicated laundry room and three parking spaces. The standalone back house features 2 bedrooms, 1 bath, and a new roof overlay completed in November 2024 for worry-free maintenance. The adjoining duplex offers potential for expansion and immediate income, making this a versatile investment opportunity. Together, these properties provide diverse rental streams and simplified management, making them a strategic addition to any portfolio. Located near Hartnell College, schools, bus lines, and major freeways, this property guarantees high tenant demand and long-term growth potential. Don't miss this rare chance to secure a high-growth investment. Sellers prefer these units be sold together, creating a legacy opportunity in sought-after South Salinas.

  • Property Details
      • FoundationConcretePerimeter
      • Property TypeMulti-Family
      • Sewer InformationPublicSewer
      • MLS #ML81989685
      • MLS #ML81989685
      • CountyMonterey
      • Original List Price$880,000
      • Property SubtypeMixedUse
      • Acres0.1197
      • Utility SourcePublic
      • Taxes Annual$2,500
      • Cost880000
      • School DistrictOther
      • Square Feet2031
      • Year Built1930
      • Stories2

Location

Charlotte MateReal Estate Group
$
years

Down Payment

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%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
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$
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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