$1,550,000
3,136
0.27 Acre Lot

75 S Madeira Avenue, Salinas, California 93905

  • Residential Income Property Type
  • 3,136 Square Footage
  • 1964 Year Built
Property Description

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.

Basic Details
Residential Income
For Sale
ML81995311
$1,550,000
3,136
1964
0.27 Acre
Active
Quadruplex
: Composition
Features
: Wall Furnace
: None
: Traditional
: Public Sewer
$0
Address Map
CA
Monterey
Salinas
93905
Madeira
75
Avenue
W122° 21' 39.4''
N36° 40' 17.1''
699 - Not Defined
S
4 plex
Neighborhood
Other
Additional Information
$0
$0
$0
$0
$0
: None
3136
: Level
2025-02-25
1
: Public
Broker/Agent Information
eXp Realty of California Inc
Debra Ann Demos
Financial
8714.0
Listing Information
ML5075768
ML5009355
Active
2025-03-05T03:46:19Z
CRMLS
: Standard
2025-02-24T22:58:03Z
Agent info
Ray Millman
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Contact Agent
Contact Us
ray@millmanteam.com 310.375.1069