Listed By:
Joe Piini with Piini Realty - 831-422-5327
Address
148 Encinal ST, Soledad, CA
Price
$ 6,300,000
Property Attributes
  • MLS#ML81952566
  • TypeMulti-Family
  • CountyMONTEREY
  • CitySoledad
  • AreaSoledad
  • Zip93960
  • Style
  • Price$ 6,300,000
  • Bedrooms3
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage19019
  • Lot Size0.6887 Acres
Data Source:
MLSListings Inc.
Property Description

Piini Realty is pleased to present this offering of a 28-unit apartment complex located in Soledad. The complex is comprised of three separate buildings with a total of 28 dwelling units including eight 2-bedroom/1-bath units, sixteen 1-bedroom/1-bath units and four studios with an average size of 679 square feet per dwelling unit. Many of these units have been extensively remodeled within the past five years including new kitchens, new bathrooms, new heating units, remodeled balconies and much more. There are 34 on-site parking stalls with 7 enclosed garages, 19 covered carport stalls and 8 open parking stalls. The current owner occupies 17 units for employee housing, but these units can be delivered vacant and available to lease at current market rent. The remaining 11 units are leased to residents with rents that were increased on August 1, 2023. The property is a very well-maintained complex from the landscaping to building finishes and has enjoyed consistent rental demand with very little turnover.

Price History
1/26/2024 Listed $6,300,000

General Features

Heating Wall Furnace
Cooling None
Utilities Individual Electric Meters,Individual Gas Meters,Public Utilities
Roof Composition
Water Public
Number of Garage Spaces 6
# of Buildings 3
Security Features None
Restrictions None
Year Built 1977
View Mountains,Valley
Age 47
Property SubType Five or More Units
Complex Name Text 150 Encinal
City Limits (Y/N) Yes
Zoning Text R-3
Accessibility None
County Monterey
Property Type Commercial Multi-Residential (5+ units)
Special Listing Conditions Not Applicable
Status Active
City SOLEDAD
MLS Area Soledad
Listing Agent State License 01889295

Interior Features

Kitchen Appliances - Vary by Unit,Microwave,Oven Range,Refrigerator,Varies by Unit
Living SqFt 19019
Unit 2 Number of Bedrooms 1

Exterior Features

Lot Description Grade - Level,Regular
Parking Features Common Parking Area,Covered Parking,Guest / Visitor Parking,Private / Exclusive,Uncovered Parking
Parking Spaces 8
Lot Size Area 30000.00
Maximum Lot Size 30000.00
Sewer/Septic Sewer Connected
Meters Master Water,Separate Common Area,Separate Electric,Separate Gas
Foundation Details Concrete Slab
Building Area Total 19019
Lot Acres 0.6887
Lot Size Units Square Feet

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 93960

Price
AVG $7.83M
$6.3M
Visits
AVG 111
83
Data Provided by Inside Real Estate®
Year Built
AVG 1999
1977

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