1140 E Market Street, Salinas, CA

 

2 Units

 

1140 E Market Street Salinas 2 Unit Multi Family For Sale

 

$975,000

 

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Complex Notes:

 

1140 E. Market Street consists of a two-bedroom / one-bathroom house, a one-bedroom / one-bathroom apartment, and a separate 879-square-foot garage.

 

House- 942 Square Feet:

  • The kitchen features newer cabinets, tile counters, a gas stove/oven with a vent hood, and enough space for a breakfast table.
  • There is a separate dining room, living room, and laundry room with a natural gas water heater.
  • The bathroom has tile floors and floor-to-ceiling tile in the tub shower.
  • The house is separately metered for natural gas and electricity.
  • Fencing: The house has a stucco wall, which creates an interior courtyard with privacy and security.

 

Apartment- 498 Square Feet:

  • The apartment is a 2024 remodeled one-bedroom / one-bathroom unit.
  • The unit has new LVT flooring, doors, kitchen and bathroom cabinets, counters, appliances, window coverings, and paint.

 

Garage:

  • The garage is 879 square feet. The ceilings are approximately 12 feet at the wall plate line, rising to approximately 14 feet.
  • The garage is 20 feet wide and has a manual roll-up door.
  • The garage has a half bathroom.
  • Garage rental value: Estimated at $1,500 to $2,000 per month.
  • The apartment and the garage are served by the same PG&E meters and water heater.
  • The electric panels are Square D and may have been installed in 2001.
  • The asphalt composition roofs are 15+ years old.
  • The complex is estimated at 1,294 square feet. The lot size is 7,000 square feet.
  • The owner pays for sewer, garbage, and water.
  •  

 

Salinas & the Monterey County Facts:

 

  • The 2021 estimated population of Salinas is 162,791, according to the US Census Bureau.
  • The one-year Salinas median sales price ending March 1, 2024 is $688,500.
  • The estimated population of Monterey County is 437,907.
  • According to the Monterey County Farm Bureau, In addition to crops produced, agriculture contributes over $3.9 billion per year to Monterey County's economic output, with a total estimated impact of over $11.7 billion on the local economy.
  • Significant employers include Monterey County, Salinas Valley Memorial Hospital, Natividad Medical Center, Taylor Farms, Dole Vegetables, 1st Capital Bank, the hospitality industry, and the construction industry.

 

 

1140 E Market Street Salinas House Livingroom

 

 

 

1140 E Market Street Salinas House Kitchen

 

Plot Map

 

1140 E Market Street Parcel Map

 

 

 

Area Map

 

1140 E Market Street Salinas Area Map

 

 

 

 

 


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