165 Clay Street

    Salinas, CA 93901
    • $985,000
    • STATUS: Active
    • ON SITE: 199 days
    • ID#: ML81732839
    UPDATED: 58 min ago
    $985,000
    • 0
      BEDS
    • 0.44
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,141
      SQFT
    • $314
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1927
    County:

    School Ratings & Info

    Description

    Investment consists of a residential care property in Salinas California. 165 Clay Street will be sold and leased backed from Door to Hope, a Salinas non-profit group. The leases will be 10 year NNN leases with annual increases in base rent.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-06-24T18:39:11.2. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.hellerthehomeseller.com/homes/89911321

    165 Clay Street Salinas, CA 93901

    • Price: $985,000
    • Status: Active
    • Updated: 58 min ago
    • ID#: ML81732839
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.44
    Acres
    3,141
    SQFT
    $314
    $/SQFT
    1927
    Built
    Neighborhood:
    699 - Not Defined
    County:
    Monterey
    Area:
    699 - Not Defined
    Property Description
    Investment consists of a residential care property in Salinas California. 165 Clay Street will be sold and leased backed from Door to Hope, a Salinas non-profit group. The leases will be 10 year NNN leases with annual increases in base rent.
    Exterior Features

    Carport Spaces 0.00 Construction Materials Fiber CementIcfs (Insulated Concrete Forms)Hardiplank TypeDrywall WallsDucts Professionally Air-SealedAluminum SidingNes Insulation PkgTva Insulation PkgVertical SidingOtherGlassStuccoMasoniteFiberglass SidingSpray Foam InsulationFlagstonePlasterCellulose InsulationVinyl SidingHardboardSee RemarksClapboardAsbestosCement SidingRedwood SidingAlcanBlown-In InsulationSlump BlockRadiant Barrier Exterior Features KennelBoat SlipBoat Lift Foundation Details Seismic Tie DownFha ApprovedStacked BlockTie DownSee Remarks Garage Spaces 0.00 Lot Features Back Yard Lot Size Source Gis Calculated Lot Size Units Square Feet Parking Features UnpavedNo DrivewayPorte-CochereOtherDrivewayPavedDriveway - CombinationConcreteSee RemarksGravelAsphaltDriveway - BrickGuardedCircular Driveway Parking Total 0.00 Parking YN Yes Roof ReflectiveRidge VentsSee RemarksCommon RoofGreen RoofBahama

    Interior Features

    Appliances CooktopBuilt-InWater Line To Refrigerator6 Burner StoveGas Water HeaterPropane Water HeaterFree StandingGas CooktopElectric CooktopConvection OvenNo Hot WaterPropane CookingPropane Cooktop Appliances YN Yes Cooling High EfficiencyHumidity ControlSee RemarksEnergy Star Qualified EquipmentDualSeer Rated 13-15Seer Rated 16+ Cooling YN Yes Door Features Panel DoorsAtrium DoorsFrench DoorsService EntranceDouble Door EntrySliding Doors Flooring See Remarks Heating KeroseneHumidity ControlHigh EfficiencyEnergy Star Qualified EquipmentSee Remarks Heating YN Yes Room Type Galley KitchenSun Window Features Wood FramesPalladianAtriumJalousies/LouveredFrench/MullionedPlantation ShuttersCasement WindowsStained Glass

    Property Features

    Accessibility Features Entry Slope Less Than 1 FootDoors - Swing InLow Pile CarpetingOtherNo Interior Steps2+ Access Exits Cap Rate 5.24 Gross Multiplier 19.09 Gross Scheduled Income 51600.00 Insurance Expense 0.00 Maintenance Expense 0.00 Professional Management Expense 0.00 Security Features Resident ManagerFirewall(S)Fire Rated Drywall Special Listing Conditions Standard Trash Expense 0.00 Utilities Water ConnectedPhone ConnectedSee Remarks Water Source See Remarks Zoning Residential R-M-2.9

    Listing provided courtesy of Josh Jones of Josh Jones, Broker


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-06-24T18:39:11.2. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
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