Active

739 Pajaro ST

SALINAS CA, 93901

$6,275,000


$428.15 per sqft

Active

14,656 sqft

Multi-family

Built in 1929

Listed by Albers Real Estate Investment Company, Hap Albers, Listing Contact: 8313721922

The Pajaro Pines Apartments comprises 22 units in three separate buildings (14,656 sq. ft) on two separate parcels (21,933 sq. ft). The 739 Pajaro Street unit mix comprises six studios, two one-bedroom units, and six two-bedroom apartments. 739 Pajaro Street is a 10,806 sq. ft building on a 12,213 sq. ft lot. These units have a San Francisco apartment feel with high ceilings, some fireplaces, and large closets. 109 Pine Street consists of seven one-bedroom units with open beam ceilings. 109 Pine Street is a 3,850 sq. ft building on a 9,720 sq. ft. lot. The 22nd unit is a one-bedroom cottage. The property has been upgraded including the electric main panel, subpanels, and the rear stairs, which were engineered and constructed in 2010. The property has many other upgrades including windows, remodeled units, owned laundry equipment (expected to generate $600/month revenue), and painting. The flooring in most units is original hardwood.

ML81979058

MLS ID

September 4, 2024

Listed

December 7, 2024

Updated

Map

739 Pajaro ST
SALINAS CA, 93901

Interior Features

Interior Features

Hardwood, Tile


Appliances

Refrigerator, Oven, Range


Laundry Description

Laundry Room


Floor Description

Hardwood, Tile


Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Natural Gas

Exterior/Building Features

Lot Size

0.5 Acres


Architectual Style

Spanish


Roof

Composition

School Information

School District

Salinas City Elementary


High School

Salinas High

Other Property Details

Area Name

Maple Park


Garage

Yes


Garage Spaces

4


Parking

Off Street


Parking Total

2


View

No


County

Monterey


Pool

No


Zoning

RL 5.5

Listed by Albers Real Estate Investment Company, Hap Albers,
Listing Contact: 8313721922 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Ikonik Realty shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the MLS Listings, Inc. MLS system. Real estate listings held by brokerage firms other than Ikonik Realty are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents.

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Data last updated 3:10 PM UTC, 12/7/2024

 

 

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