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148 Encinal ST Soledad, CA 93960
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Key Details
Property Type Commercial
Sub Type Five or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 19,019 sqft
Price per Sqft $323
MLS Listing ID ML81952566
Sold Date 07/25/24
Bedrooms 3
Full Baths 3
Year Built 1977
Lot Size 0.689 Acres
Property Description
Piini Realty is pleased to present this offering of a 28-unit apartment complex located in Soledad. The complex is comprised of three separate buildings with a total of 28 dwelling units including eight 2-bedroom/1-bath units, sixteen 1-bedroom/1-bath units and four studios with an average size of 679 square feet per dwelling unit. Many of these units have been extensively remodeled within the past five years including new kitchens, new bathrooms, new heating units, remodeled balconies and much more. There are 34 on-site parking stalls with 7 enclosed garages, 19 covered carport stalls and 8 open parking stalls. The current owner occupies 17 units for employee housing, but these units can be delivered vacant and available to lease at current market rent. The remaining 11 units are leased to residents with rents that were increased on August 1, 2023. The property is a very well-maintained complex from the landscaping to building finishes and has enjoyed consistent rental demand with very little turnover.
Location
State CA
County Monterey
Area Soledad
Building/Complex Name 150 Encinal
Zoning R-3
Rooms
Kitchen Appliances - Vary by Unit, Microwave, Oven Range, Refrigerator, Varies by Unit
Interior
Heating Wall Furnace
Cooling None
Exterior
Parking Features Common Parking Area, Covered Parking, Guest / Visitor Parking, Private / Exclusive, Uncovered Parking
Garage Spaces 6.0
Utilities Available Individual Electric Meters, Individual Gas Meters, Public Utilities
View Mountains, Valley
Roof Type Composition
Building
Lot Description Grade - Level, Regular
Foundation Concrete Slab
Sewer Sewer Connected
Water Public
Others
Restrictions None
Tax ID 022-014-014-000
Security Features None
Special Listing Condition Not Applicable
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Bought with Narciso Lara • Coast to Valley Realty