Rare Opportunity to find 5 Units in Corral De Tierra, just minutes from Hwy 68!- 5 Cottages plus out buildings and or workshop. units are in varying conditions- most needing repairs. Beautiful fairly flat parcel- Has Tons of Potential- bring vision! Septic- Mutual Water system and PG & E. Sq. Ft. ,lot Size, Age & Schools not verified by listing agent-Escrow Chicago -Gerry Wiles
Multi-familyProperty Type
7.22 acresLot Size
Listed by Susan Lubin-Brownlie•DRE #01069736• Coldwell Banker/Gay Dales
Contact: (831) 320-3001
Bought with Jeff Pluta•DRE #01246645• Town'N Country Realty
Unit Types in Building: 1 Bedroom Unit(s), 2 Bedroom Unit(s)
# of Buildings: 7
Subclass: 5+ Units
Building Height (Minimum): 1
Building Height (Maximum): 1
Property Information
Property Condition: Fixer Upper
Property Primary ID: 426276
Tenant Expenses: Utilities (Electric)
Lot Information
Lot Description: Grade (Level), Grade (Sloped Down)
Lot Size Area Minimum Units: Sq. Ft.
Lot Size Area Maximum Units: Sq. Ft.
Lot Size Source: Assessor
Zoning: LBR
Financial
Tax/Assessment Information
Annual Tax Amount: $2,104
City Transfer Tax: No
Utilities
Utility Information
Meters: Separate Electric, Separate Gas
Sewer Septic: Septic Tank/Pump
Location
Multi-Unit Information
# of Stories: 1
# of Units in Complex (Minimum): 5
# of Units in Complex (Maximum): 12
# of 1 Bed 1 Bath Units: 2
Minimum Size (1 Bed 1 Bath): 1,073
Minimum Rent (1 Bed 1 Bath): $875
# of 2 Bed 1 Bath Units: 3
Minimum Rent (2 Bed 1 Bath): $600
Maximum Rent (2 Bed 1 Bath): $875
Annual Rental Income: $4,000
Annual Gross Income: $4,000
Gross Rent Multiplier: 162.25
Gross Scheduled Income: $4,000
Total Expenses: $2,104
Unit Type 1 Information
# of Bedrooms: 1
Approx Sq. Ft.: 750
Rent: $875
Unit Type 2 Information
# of Bedrooms: 2
Approx Sq. Ft.: 1,098
Rent: $600
Unit Type 3 Information
# of Bedrooms: 1
Approx Sq. Ft.: 497
Rent: $775
Unit Type 4 Information
# of Bedrooms: 2
Approx Sq. Ft.: 983
Rent: $875
School Information
Elementary School: Toro Park Elementary
Elementary School District: Washington Union Elementary
High School District: Salinas Union High
Location Information
1st left off of Corral De Tierra - stay to the right- follow road all the way until it dead ends at property- property is at end of road- road goes no further- dead ends
Public facts
Beds: 1
Baths: 1.0
Sq. Ft.: 751
Stories: —
Lot Size: 7.22 acres
Style: Other
Year Built: 1940
Year Renovated: 1940
County: Monterey County
APN: 161581003000
Home facts updated by county records on Sep 14, 2026
Other
Miscellaneous Information
Incorporated: No
Around this home
Schools
Toro Park Elementary School
Public K-3 • Assigned • 1.8mi
9/10
San Benancio Middle School
Public 6-8 • Assigned • 0.5mi
8/10
Salinas High School
Public 9-12 • Assigned • 7.4mi
7/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
5/10 Fire Factor
3% chance of being in a wildfire in next 30 years
2/10 Heat Factor
8 days above 82° expected this year, 19 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
8/10 Air Factor
14 unhealthy days expected this year, 15 days in 30 years
Provided by First Street
Historical weather
Salinas, CA • 93908
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Sun exposure
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