43 N Hebbron Ave, SALINAS, CA – $999,000

  • $999k Price
  • 3,525 Sqft
  • .23 Acres
  • $999k Price
  • 3,525 Sqft
  • .23 Acres

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43 N Hebbron Ave

LOWEST GRM 10.42 on current rents ($93,600) for any complex 2+ units in Monterey, Santa Clara, or San Benito Counties. There is potential rental upside in many units. Multi-family investment opportunity with a total of 7 units. The complex features a two bedroom / one bathroom cottage with a fenced yard. Cottage rents for $1250. The rear building features a studio, 4 one bedroom units and a large one bedroom unit located above the garage and laundry room. Studio rents for $750. One bedroom units rent for $950. and the large above-garage unit rents for $2000. Units are heated with gas wall furnaces and electric heat. Both buildings had new roof installed in 2017 and recently painted.

Essential Information

  • MLS® #ML81717709
  • Price$999,000
  • Square Footage3,525
  • Acres0.23
  • Year Built1936
  • TypeMulti-Residential
  • Sub-TypeFive or More Units
  • StatusActive

Community Information

  • Address43 N Hebbron Ave
  • AreaES-66
  • CountyMonterey
  • StateCA
  • Zip Code93905


  • Parking Spaces8


Individual Electric Meters, Individual Gas Meters


  • CoolingNo Cooling


Gas Heat, Wall Furnace, Electric Heat


  • Lot DescriptionGrade - Level
  • RoofComposition Roof
  • FoundationConcrete Perimeter

Additional Information

  • ZoningMulti-Family

Listing Details

  • AgentHap Albers


Albers Real Estate Investment Company

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Price Change History for 43 N Hebbron Ave, SALINAS, CA (MLS® #ML81717709)

Date Details Price Change
Contingent (from Active)
Price Reduced (from $1,100,000) $999,000 $101,000 (9.18%)

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