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75 N Hebbron Ave
Salinas, CA 93905 Greater Salinas

$4,395,000 USD

Apartments For Sale • 14,328 SF

Property Details

Property Type Apartments
Total Building Size 14,328 SF
Lot Size 0.46 AC
Building Class C
Year Built 1979
Zoning R-M2.9

34 Transit Score

84 Walk Score

                
                    Highlights
                
                                Investment Opportunity with significant upside potential - 24.5% rental upside
                            
                                Exterior has undergone a significant renovation
                            
                                Perennially tight housing market with limited market-rate developments in the pipeline - ONLY 82 UNITS BUILT SINCE 2020
                            
                                Amenities include: on-site laundry facility, storage, on-site tuck-under parking and uncovered parking
                            
                                Assumable financing at 3.58% until 2027
                            
                                Floorplans are generously sized: (17) large 2 bed/1.5 and (1) studio

Amenities

Air Conditioning
Laundry Facilities
Heating
Kitchen
Refrigerator
Tub/Shower
Walk-Up

Public Transportation

Commuter Rail	Drive	Walk	Distance
Salinas (Coast Starlight - Amtrak)	4 min	-	1.8 mi
Airport	Drive	Walk	Distance
Monterey Regional	23 min	-	17.4 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	6
Type:	Surface
Included in Rent:	Yes

Alex Budka 831-521-6976 Redwood Property Company

75 N Hebbron Ave Salinas, CA 93905 Greater Salinas