Back on the market with beautiful capital improvements! Welcome to Highway 68/Pasteur of Heaven, an exceptional investment opportunity conveniently situated near Highway 68, providing quick access to the Monterey Peninsula and Salinas. At a strong 9.1% CAP Rate, this property is a rare find as it comprises multiple units, making… Read More it perfect for multi-generational living or serving as an investment property with the potential to generate substantial income. **Unit 1:** This is the main house with a spacious bathroom on the top floor, providing privacy and a separate entrance. It features two decks, one in the front and one at the back. Unit 1 includes a large wine rack in the kitchen, a wine cellar, a beautiful marble bath, a sauna in the back, and numerous other amenities.**Unit 2:** A newly remodeled 1-bedroom, 1-bath unit with fresh flooring and interior and exterior painting.**Unit 3:** A studio located on top of the garage, also recently remodeled with new interior and exterior paint, along with new flooring. This versatile layout offers ample space for everyone. Call now! Read Less
Courtesy of Villa Nueva Properties, Joe Villanueva 831-206-7832
Listing Snapshot
Days Online
41
Last Updated
Property Type
Multiple Dwellings / Structures
Square Ft.
2,843
Lot Size
0.98 Acres
Year Built
1959
MLS Number
ML81986725
30 Days Snapshot Of 93908
$1,018k
-8%
(avg) sold price
7
-41%
homes sold
54
-20%
(avg) days on market
Snapshot
Area Map
Additional Details
Roof
Shingle
Lot
Max Area: 42689.00, Max Area Units: Square Feet
Unit One
1 bedroom in unit 1, Unit 1 rent: $2,100
Unit Two
3 bedrooms in unit 2, Unit 2 rent: $6,249
Unit Three
1 bedroom in unit 3, Unit 3 rent: $2,750
Unit Four
1 bedroom in unit 4, Unit 4 rent: $2,350
Accessibility Features
Parking
Building
Built in 1959, 4 buildings, 2,843 structure square feet
Utilities
Public Utilities
Sewer
Sewer - Public
Security Features
None
Heating
Central Forced Air
Cooling
Central AC
Foundation
Concrete Slab
Water Features
Well
Garage
2 garage spaces
Parking
4 parking spaces
Miscellaneous
Vacancy factor: 0
Tenant Pays
Utilities - Electric, Utilities - Gas
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