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!
Property Details
Price:
$2,250,000
MLS #:
ML81986725
Status:
Active
Baths:
0
Address:
43 Laureles Grade
Type:
Residential Income
Subtype:
Mixed Use
Neighborhood:
699notdefined
City:
Salinas
Listed Date:
Nov 15, 2024
State:
CA
ZIP:
93908
Lot Size:
42,689 sqft / 0.98 acres (approx)
Year Built:
1959
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Schools
Interior
Accessibility Features
Parking
Cooling
Central Air
Heating
Central
Exterior
Foundation Details
Slab
Garage Spaces
2.00
Parking Features
Carport
Parking Spots
4.00
Roof
Shingle
Sewer
Public Sewer
Stories Total
1
Water Source
Well
Financial
Map
Community
- Address43 Laureles Grade Salinas CA
- Area699 – Not Defined
- CitySalinas
- CountyMonterey
- Zip Code93908
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Courtesy of Villa Nueva Properties. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. California Regional Multiple Listing Service. All rights reserved.
43 Laureles Grade
Salinas, CA
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