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739 Pajaro Street

Salinas, CA 93901
  • $6,275,000
  • STATUS: Active
  • ON SITE: 140 Days
  • ID#: ML81979058
$6,275,000
  • 0
    BEDS
  • 0.5
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1929
County:

School Information

Middle School:
High School:
School District:
Listing Agent(s): Hap Albers of Albers Real Estate Investment Company (831-372-1922)


Description

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.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-01-23T00:29:40.537. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Keller Williams. Licensed in the State of California, USA.
www.robynicenhowerproperties.com/homes/154672867
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739 Pajaro Street Salinas, CA 93901

  • Price: $6,275,000
  • Status: Active
  • On Site: 140 Days
  • ID#: ML81979058
0
Beds
0
Baths
0
½ Baths
0.5
Acres
1929
Built
Neighborhood:
699 - Not Defined
County:
Monterey
Area:
699 - Not Defined
Middle School:
Washington
High School:
Salinas
School District:
Other
Property Description
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.
Exterior Features

Carport Spaces 7 Carport YN Yes Parking Total 2 Roof CompositionFlat

Interior Features

Cooling None Cooling YN Yes Heating Wall Furnace Heating YN Yes

Property Features

Association Fee 0 Gross Scheduled Income 478764 Insurance Expense 4728 Listing Agreement Exclusive Right To Sell Listing Service Full Service Maintenance Expense 16500 Other Expense 13000 Special Listing Conditions Standard Tax Annual Amount 66700 Trash Expense 12522 Zoning RL 5.5



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-01-23T00:29:40.537. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Keller Williams. Licensed in the State of California, USA.
 
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Robyn Graham & Associates | Keller Williams
5110 W. Cypress Ave.
Visalia CA, 93277
Listing Agent(s): Hap Albers of Albers Real Estate Investment Company (831-372-1922)