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… Read More 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. Read Less
Property listed by Epique Realty, Jeff Wickum 310-259-7556
Listing Snapshot
Days Online
75
Last Updated
Square Ft.
2,980
Lot Size
0.24 Acres
Year Built
1930
MLS Number
ML82052801
Additional Details
Building
Built in 1930, 3 buildings
Cooling
None
Expenses
Insurance: $3,400, Maintenance: $4,000
Heating
WallFurnace
Home Owner's Association
Association Fee: $0
Income
Gross ScheduledIncome: $176,700
Lot
0.239 acres
Parking
7 total parking spaces
Roof
Composition
Taxes
Parcel Number: 002422020000, Annual Amount: $18,144, Zoning: Multi Family
Utilities
Water Source: Public
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. 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.
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