43 Laureles Grade

Salinas, CA 93908

$1,800,000

List Price

N/A

bed Beds

shower Baths

2,843 sqft

straighten / sqft

1959

calendar_month Built

Property Description

Back on the market with beautiful capital improvements! Welcome to Highway 68/Pasteur of Heaven, an exceptional investment opportunity conveniently situated near Highway 68, providing quick access to the Monterey Peninsula and Salinas. At a strong 9.1% CAP Rate, this property is a rare find as it comprises multiple units, making it perfect for multi-generational living or serving as an investment property with the potential to generate substantial income. **Unit 1:** This is the main house with a spacious bathroom on the top floor, providing privacy and a separate entrance. It features two decks, one in the front and one at the back. Unit 1 includes a large wine rack in the kitchen, a wine cellar, a beautiful marble bath, a sauna in the back, and numerous other amenities.**Unit 2:** A newly remodeled 1-bedroom, 1-bath unit with fresh flooring and interior and exterior painting.**Unit 3:** A studio located on top of the garage, also recently remodeled with new interior and exterior paint, along with new flooring. This versatile layout offers ample space for everyone. Call now!

Listing Information

List Price $1,800,000
Status Active
MLS ML81986725
Type Residential Income
Subtype Mixed Use
Year Built 1959
Lot Size 42,689
Structure Size 2,843
Courtesy Of Villa Nueva Properties
Listing Agent Joe Villanueva DRE#01715260

Interior Features

Total Bedroom
Bedrooms N/A
Cooling Type
Cooling Type Central Air

Exterior Information

Maps

Listing information courtesy of: Joe Villanueva, Villa Nueva Properties 831-206-7832. *Based on information from the Association of REALTORS/Multiple Listing as of Nov 15th, 2024 at 6:59 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.