About 43 Laureles Grade
Back on the market with beautiful capital improvements! Welcome to Highway 68/Pasteur of Heaven, an exceptional investment opportunity conveniently situated near Highway 68, providing quick access to the Monterey Peninsula and Salinas. At a strong 9.1% CAP Rate, this property is a rare find as it comprises multiple units, making it perfect for multi-generational living or serving as an investment property with the potential to generate substantial income. **Unit 1:** This is the main house with a spacious bathroom on the top floor, providing privacy and a separate entrance. It features two decks, one in the front and one at the back. Unit 1 includes a large wine rack in the kitchen, a wine cellar, a beautiful marble bath, a sauna in the back, and numerous other amenities.**Unit 2:** A newly remodeled 1-bedroom, 1-bath unit with fresh flooring and interior and exterior painting.**Unit 3:** A studio located on top of the garage, also recently remodeled with new interior and exterior paint, along with new flooring. This versatile layout offers ample space for everyone. Call now!
Features of 43 Laureles Grade
| MLS® # | ML81986725 |
|---|---|
| Price | $2,250,000 |
| Square Footage | 2,843 |
| Square Footage | Assessor |
| Acres | 0.98 |
| Year Built | 1959 |
| Type | Multi-Residential |
| Sub-Type | Mixed Use or Other Multi-Unit |
| Status | Active |
Community Information
| Address | 43 Laureles Grade |
|---|---|
| Area | San Benancio, Harper Canyon and Corral De Tierra |
| City | Salinas |
| County | Monterey |
| State | CA |
| Zip Code | 93908 |
Amenities
| Utilities | Public Utilities |
|---|---|
| Parking Spaces | 4 |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Central Forced Air Heat |
|---|---|
| Cooling | Central Air Conditioning |
| Fireplace | No |
| # of Stories | 1 |
Exterior
| Roof | Shingle Roof |
|---|---|
| Foundation | Concrete Slab |
Additional Information
| Zoning | R-1 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Joe Villanueva |
|---|---|
| Office | Villa Nueva Properties |
| Contact Info | 831-206-7832 |