224 Abbott Street, Salinas, CA 93901

About this commercial property

This unique South Salinas apartment complex offers 8 free standing one-bedroom / one-bathroom cottages located on a 28,957 sq. ft lot. The parcel is zoned MX (Mixed Use). Most of the cottages have updated kitchen cabinets, counters, and floors. Most bathrooms have been updated with new cabinets, tile floors, and tile shower surrounds. Most units have newer window blinds and laminate or LVT flooring. The rents average $1,579. The most recent move in rent is $1,725. The property is zoned MX (Mixed Use), which allows residential or commercial and residential uses. Potentially, additional residential units or a combination of commercial and residential units may be added to the property. Accessory dwelling units may be possible. Check with City Planning. The tenants pay PG&E for a gas wall furnace, water heater, and the stove. The landlord is responsible for water, sewer, and garbage. The units have a small storage space on the front of the unit.

Listing description from the February 2023 sale, as reported to CRMLS.

Sale history

$1,520,000

Sold February 2023 · listed $1,499,000, on market February 2023 · MLS #ML81918343 · Source: CRMLS

Listing Agent: Hap Albers · Listing Office: Albers Real Estate Investment Company · Contact: 831-372-1922 · Bought with: Mike Handley · Town'N Country Realty

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