43 Laureles Grade, Salinas, CA 93908


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!


Interior Features

Bedroom Information
Bedrooms N/A
Interior Information
Cooling Type Central Air

Listing Information

Address 43 Laureles Grade
City Salinas
State CA
Zip 93908
County Monterey
Listing Agent Joe Villanueva DRE #01715260
Courtesy Of Villa Nueva Properties
List Price $1,800,000
Status Active
Type Residential Income
Subtype Mixed Use
Structure Size 2,843
Lot Size 42,689
Year Built 1959

Listing information courtesy of: Joe Villanueva, Villa Nueva Properties. *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.