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$6,275,000

Est. payment - /mo

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3 BD

3 BA

14,656 SqFt

Active

739 Pajaro ST Salinas, CA 93901

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Graeham Watts

graehamwatts@gmail.com +1(650) 308-4727

UPDATED:

12/07/2024 01:36 PM

Key Details

Property Type Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 14,656 sqft

Price per Sqft $428

MLS Listing ID ML81979058

Style Spanish

Bedrooms 3

Full Baths 3

Year Built 1929

Lot Size 0.504 Acres

Property Description

The Pajaro Pines Apartments comprises 22 units in three separate buildings (14,656 sq. ft) on two separate parcels (21,933 sq. ft). The 739 Pajaro Street unit mix comprises six studios, two one-bedroom units, and six two-bedroom apartments. 739 Pajaro Street is a 10,806 sq. ft building on a 12,213 sq. ft lot. These units have a San Francisco apartment feel with high ceilings, some fireplaces, and large closets. 109 Pine Street consists of seven one-bedroom units with open beam ceilings. 109 Pine Street is a 3,850 sq. ft building on a 9,720 sq. ft. lot. The 22nd unit is a one-bedroom cottage. The property has been upgraded including the electric main panel, subpanels, and the rear stairs, which were engineered and constructed in 2010. The property has many other upgrades including windows, remodeled units, owned laundry equipment (expected to generate $600/month revenue), and painting. The flooring in most units is original hardwood.

Location

State CA

County Monterey

Area Maple Park

Zoning RL 5.5

Rooms

Other Rooms Laundry Room

Kitchen Oven Range - Electric, Refrigerator

Interior

Heating Gas, Wall Furnace

Cooling None

Flooring Carpet, Hardwood, Tile, Vinyl / Linoleum

Laundry Coin Operated

Exterior

Parking Features Covered Parking, Off-Street Parking, On Street

Garage Spaces 4.0

Utilities Available Individual Electric Meters

Roof Type Composition,Flat / Low Pitch

Building

Foundation Concrete Perimeter

Sewer Sewer Connected

Water Individual Water Meter

Others

Tax ID 002-456-023-000

Miscellaneous High Ceiling ,Walk-in Closet

Security Features Fire Alarm

Special Listing Condition Not Applicable

Listed by Hap Albers • Albers Real Estate Investment Company

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Graeham Watts

Realtor | License ID: 01466876

+1(650) 308-4727

739 Pajaro ST Salinas, CA 93901

Graeham Watts

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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739 Pajaro ST