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904-908 Acosta Plz
Salinas, CA 93905

East Park Apartments · Multifamily Property For Sale · 36 Units

Investment Highlights

  • 11.48 GRM & 4.90% cap rate on current rents
  • Units upgraded on turnover, which is rare
  • 1985 Construction

PROPERTY FACTS

No. Units 36
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 1.08 AC
Building Size 25,920 SF
Average Occupancy 100%
No. Stories 2
Year Built 1985
Parking Ratio 2.24/1,000 SF

Unit Amenities

  • Balcony
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Carpet
  • Deck
  • Family Room
  • Patio

Site Amenities

  • Laundry Facilities

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 36 $1,760 720

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
004-321-045-000
Land Assessment
$3,978,000
Improvements Assessment
$4,686,900
Total Assessment
$8,664,900

zoning

Zoning Code R-H-2.1 (Multi-Family)
R-H-2.1 (Multi-Family)
  • Listing ID: 25410324

  • Date on Market: 4/6/2022

  • Last Updated:

  • Address: 904-908 Acosta Plz, Salinas, CA 93905

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