Direct Line 831.421.2424     Email OGutierrez@Baileyproperties.com     License: Cal BRE# 01446932

1127 E Laurel DR, Salinas

Photo of
Photo of
Bedrooms
Baths
9,720 Square Feet

Offered at $2,400,000

  • Status: Contingent
  • Square Footage (+/-): 9,720
  • Lot Size: 17,625
  • Listed: 3/8/2019
  • Type: 701
  • Year Built: 1965
  • MLS: ML81741971
  • Elementary School District:
    Alisal Union Elementary District
  • High School District:
    Salinas Union High District
  • Elementary School:
    Bardin Elementary
  • Middle School:
  • High School:
    Alisal High
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Mortgage payment: $10,306/mo.
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About 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. 8% rent increase starting 1/1/2021. An additional 12 Units available in addition to these units for a total of 26 units.


  • Foundation
    • Concrete Perimeter and Slab
  • General Features
    • Cooling: None
    • Garage Parking Features: Carport
    • Heating: Gas
    • Roof: Composition
    • Sewer Septic: Sewer - Public
    • Subclass: 701
    • Water: Public

Schools Near 1127 E Laurel DR

Elementary Schools
School Name Type Grades Distance * District Info

* Distance represented in miles.

Middle Schools
School Name Type Grades Distance * District Info

* Distance represented in miles.

High Schools
School Name Type Grades Distance * District Info

* Distance represented in miles.

Other Schools
School Name Type Grades Distance * District Info

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Recently Viewed

Offered at $2,400,000

1127 E Laurel DR
Salinas, CA 93905

  • Status: Contingent
  • Square Footage (+/-): 9,720
  • Lot Size: 17,625
  • Listed: 3/8/2019
  • Type: 701
  • Year Built: 1965
  • MLS: ML81741971
  • Elementary School District:
    Alisal Union Elementary District
  • High School District:
    Salinas Union High District
  • Elementary School:
    Bardin Elementary
  • Middle School:
  • High School:
    Alisal High
Schedule a Showing Save as Favorite Comparables
Mortgage payment: $10,306/mo.
close
Property Value:
Down Payment:
or
%
Interest Rate:
%
Loan Duration:
months, or
years
Monthly Payment:

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Courtesy of Jesse Hernandez, Century 21 Showcase Realtors

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Updated on 4/10/2021