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148 Encinal St Soledad, CA, 93960
$6,300,000 Commercial under contract Other
Piini Realty is pleased to present this offering of a 28-unit apartment complex located in Soledad. The complex is comprised of three separate buildings with a total of 28 dwelling units including eight 2-bedroom/1-bath units, sixteen 1-bedroom/1-bath units and four studios with an average size of 679 square feet per dwelling unit. Many of these units have been extensively remodeled within the past five years including new kitchens, new bathrooms, new heating units, remodeled balconies and much more. There are 34 on-site parking stalls with 7 enclosed garages, 19 covered carport stalls and 8 open parking stalls. The current owner occupies 17 units for employee housing, but these units can be delivered vacant and available to lease at current market rent. The remaining 11 units are leased to residents with rents that were increased on August 1, 2023. The property is a very well-maintained complex from the landscaping to building finishes and has enjoyed consistent rental demand with very little turnover.
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Property details
19,019 sqft interior area
View
Mountain(s), Valley
Land area
30,000 sqft (0.69 acres)
Days on Verhouse
116
Address
148 Encinal St, Soledad, CA, 93960
City of California
Soledad
County
Monterey
Year Built
1977
District
Listing
Nearby major retailers
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Interior Features
—
Roof
Shingle
Garage & Parking
Covered, Guest
Appliances
Refrigerator
Listed by
Joe Piini, Piini Realty
Name
Joe Piini
License number
01889295
Brokerage company
Piini Realty
MLS #
ML81952566
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Calculate your monthly payments
Mortgage
$19,343
Taxes
$0
HOA dues
$0
Mortgage
$1,260,000 / 20%
2.28%
30 years
Your amount
$19,343 / month
Lot details
TMK #022014014000
Lot Description
Level, Regular
Parcel nr.
022014014000
93960 info
Essentials nearby
Neighborhood stats
Walkability
Coffee shops
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no data
Bus stop
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no data
Supermarket
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no data
Costco
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no data
Hospital
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no data
Park
—
no data
Beach
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no data
Elementary school
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no data
Middle school
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no data
High school
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no data
Local airport
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no data
People living in 93960
60%
Families with children
National average: 39%
18%
Non family households
26,788
Population
$75,965
Average Income
Age & gender
Median age 36 years
More info
Commute types
82% commute by car
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Education level
40% have not graduated education
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Number of employees
29% work in agriculture
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Vehicles available
49% have 3 or more
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Vehicles by gender
49% have 3 or more
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Housing market insights for
$562.76k
Neighborhood average
sales price*
sales price*
$587.5k
Neighborhood median
sales price*
sales price*
22
Number
of sales*
of sales*
Housing type
77% are single detacheds
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Rooms
44% of the houses have 4 or 5 rooms
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Bedrooms
50% have 2 or 3 bedrooms
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Owners vs Renters
60% are owners
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10.67 / 20
Above Average
►
15-20
Most Walkable
10-15
Above Average
5-10
Below Average
1-5
Least Walkable
Walkability according to the National Walkability Index
Price history
Under contract May 1, 2024
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| May 1, 2024 | Under contract | $6,300,000 | 0 | MLS #ML81952566 |
| Jan 26, 2024 | New Listing | $6,300,000 +63.21% | 0 | MLS #ML81952566 |
| Mar 15, 2018 | Sold | $3,860,000 | 0 | Public Record |
| Mar 15, 2018 | Price Decrease | $3,860,000 -2.89% | 0 | MLS #ML81680921 |
| Jan 8, 2018 | Under contract | $3,975,000 | 0 | MLS #ML81680921 |
| Oct 9, 2017 | New Listing | $3,975,000 | 0 | MLS #ML81680921 |
Taxes of 148 Encinal St, Soledad, CA, 93960
R-3 zoning / MLS #ML81952566
Zoning
R-3
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Frequently Asked Questions about 148 Encinal St
What is 148 Encinal St?
148 Encinal St is a Commercial/Industrial propertywith 19,019 sqft interior space.
What is the rental income?
-
What is the full address of this Commercial?
148 Encinal St, Soledad, CA, 93960.
What comparable properties are nearby?
Comparable nearby commercial properties include 1904 Monterey St, 463 El Camino Real S A, 2242 Alisal Rd, 8 El Caminito Rd, 50 Chamberlain St, 312 Abbott St.
Based on information from the bridgeMLS as of 05-20-2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing last updated on: May 01, 2024
Verhouse Last checked less than a minute ago
The closest grocery stores are El Pueblo Market, 0.22 miles away and Foods Co, 1.1 miles away.
The 93960 zip area has a population of 26,788, and 60% of the families have children. The median age is 36.1 years and 82% commute by car. The most popular housing type is "single detached" and 60% is owner.
