1127 E Laurel Dr, SALINAS, CA – $2,400,000

  • $2.4M Price
  • 9,720 Sqft
  • .4 Acres
  • $2.4M Price
  • 9,720 Sqft
  • .4 Acres

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1127 E Laurel Dr

DO NOT DISTURB TENANTS. Multi Family investment opportunity for your RE portfolio, this 14 unit apartment building features twelve two-bedroom/one-bath units and (one) one-bedroom/one bath unit, plus a one studio apartment. Built in 1965 , the property offers building square footage of 9,720 square feet with lot size of 17,625 square feet. All units are Month to Month tenancy and are at below market rents. Located in a high rental demand area and near shopping and schools. Building features newer double pane windows, updated roof, fourteen covered parking and seven additional uncovered parking stalls spaces, this building is well maintained and has the upside potential you're looking for.

Essential Information

  • MLS® #ML81741971
  • Price$2,400,000
  • Square Footage9,720
  • Acres0.40
  • Year Built1965
  • TypeMulti-Residential
  • Sub-TypeFive or More Units
  • StatusActive

Community Information

  • Address1127 E Laurel Dr
  • AreaEast Salinas - H & I
  • CountyMonterey
  • StateCA
  • Zip Code93905


  • UtilitiesNatural Gas
  • Parking Spaces5


  • HeatingGas Heat
  • CoolingNo Cooling


  • RoofComposition Roof
  • FoundationConcrete Perimeter & Slab

Additional Information

  • Zoningcr

Listing Details

  • AgentJesse Hernandez
  • OfficeCentury 21 Showcase Realtors
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