Salinas, CA 93905 75 S Madeira AVE
$1,550,000
4 more
Presented By: Debra Ann Demos with eXp Realty of California Inc - 831-818-9137
- MLS# ML81995311
- 02/25/2025
Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
Beds • 8
SQFT • 3,136
Home Details
Great investment opportunity. Low-maintenance 4-plex with two one-level buildings on a large 11,900+ square foot lot. Annual Gross Income $106,560.00. All units have two bedrooms, one full bath, and laundry hook-up with yards/patios. Walking distance to markets, restaurants/deli, parks, and schools in established Sherwood neighborhood. All leases are month-to-month, conventional residential financing for 4-plex or cash or maybe your 1031 Exchange clients.
Presented By: Debra Ann Demos with eXp Realty of California Inc - 831-818-9137
Interior Features for 75 S Madeira AVE
Bedrooms
Unit 2 Number of Bedrooms2
Other Interior Features
Unit 1 Rent2160
Unit 2 Approx Square Footage800
Unit 3 Approx Square Footage800
Building Unit Total4
Living SqFt3136
Unit 4 Approx Square Footage800
Laundry FeaturesHookups Only
General for 75 S Madeira AVE
# of Buildings2
AccessibilityNone
Age61
Architectural StyleTraditional
CitySALINAS
CoolingNone
CountyMonterey
HOANo
HeatingWall Furnace
Listing Agent State License01104266
Lot Size UnitsSquare Feet
MLS AreaES-66
Number of Garage Spaces0
Property SubtypeFourplex
Property TypeResidential Income (2-4 units)
RoofComposition
Security FeaturesNone
Special Listing ConditionsNot Applicable
StatusActive
UtilitiesIndividual Gas Meters, Public Utilities
WaterPublic
Year Built1964
Zoning Text4 plex
Exterior for 75 S Madeira AVE
Building Area Total3136
Foundation DetailsConcrete Perimeter and Slab
Horse PropertyNo
Lot Acres0.2740
Lot DescriptionGrade - Level
Lot Size Area11937.00
Maximum Lot Size11937.00
MetersSeparate Electric, Separate Gas, Separate Water
Parking FeaturesCommon Parking Area
Parking Spaces8
Pool (Y/N)0
Sewer/SepticSewer - Public
Additional Details
Price History
Hal Schlegel
Broker Associate