739 Pajaro St, SALINAS, CA

$6,275,000

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14,656

Square feet

0.50

Acres

About 739 Pajaro St

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.

Features of 739 Pajaro St

MLS® # ML81979058
Price $6,275,000
Square Footage 14,656
Acres 0.50
Year Built 1929
Type Multi-Residential
Sub-Type Five or More Units
Status Active

Community Information

Address 739 Pajaro St
Area Maple Park
City SALINAS
County Monterey
State CA
Zip Code 93901

Amenities

Utilities Individual Electric Meters
Parking Spaces 2
Is Waterfront No

Interior

Heating Wall Furnace, Gas Heat
Cooling No Cooling
Fireplace No

Exterior

Roof Composition Roof, Flat/Low Pitch
Foundation Concrete Perimeter

Additional Information

Zoning RL 5.5
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentHap Albers
OfficeAlbers Real Estate Investment Company
Contact Info831-372-1922

Listing Map

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