This Multifamily Property is no longer advertised on LoopNet.com.

224-226 Abbott St
Salinas, CA 93901
Multifamily Property For Sale · 8 Units

Investment Highlights

  • 9.88 GRM & a 6.14% cap rate on current income
  • Most units have updated kitchens, bathrooms, and flooring
  • Mixed use zoning potentially offers opportunity to add units and ADU's

Property Facts

No. Units 8
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 0.66 AC
Building Size 3,660 SF
Average Occupancy 100%
No. Stories 1
Year Built 1928
Parking Ratio 4.1/1,000 SF
Zoning MX - Mixed Use

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 8 $1,546 -

Property Taxes

Property Taxes

Parcel Number
002-382-009-000
Land Assessment
$832,320
Improvements Assessment
$751,488
Total Assessment
$1,583,808
  • Listing ID: 27710495

  • Date on Market: 2/8/2023

  • Last Updated:

  • Address: 224-226 Abbott St, Salinas, CA 93901

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