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Listed by Epique Realty
$ 1,875,000
Est. payment /mo
Active
215 & 219 Lang Street Salinas, CA 93901
2,980 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 2,980 sqft
Price per Sqft $629
MLS Listing ID ML82052801
HOA Y/N No
Year Built 1930
Lot Size 10,413 Sqft
Property Sub-Type Other
Source Datashare MLSListings
Property Description
Fully occupied 6-unit income portfolio in one of South Salinas most desirable neighborhoods. This rare package combines 2 adjacent parcels- a duplex (219 Lang), a triplex (215 Lang) with a detached single-family residence (217 Lang) -offering investors immediate cash flow, simplified management, & long-term growth potential in a high-demand rental market. The portfolio consists of five, 1-bed/1-bath units & one 2-bed/1-bath SFR, plus a storage shed. All six units are currently occupied by stable, long-term Section 8 tenants, providing reliable income with minimal turnover. Additional income is generated from on-site laundry facilities and renting the shed out. Located in the sought-after Mission Park area of South Salinas, the property sits near Hartnell College, schools, bus lines, and major freeways, ensuring strong tenant demand. A shared driveway provides convenient parking for residents. Recent upgrades, including new plumbing & a new roof overlay on one building, add to the propertys appeal and reduce near-term capital needs. Whether you're a seasoned investor looking to expand your portfolio or a buyer seeking a low-maintenance, high-yield multifamily asset, this complete 6-unit package delivers immediate income & a strategic foothold in South Salinas.
Location
State CA
County Monterey
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Appliance Refrigerator
Building
Water Public