Lang Street, Salinas, California 93901

$1,995,000

Overview

Property ID: ML82052801

Commercial Sale
Property Type

2980 Sqft
Area Size

1930
Year Built

Description

Fully occupied 6-unit income portfolio in one of South Salinas most desirable neighborhoods. This rare package combines 2 adjacent parcels- a duplex and a triplex with a detached single-family residence -offering investors immediate cash flow, simplified management, & long-term growth potential in a high-demand rental market. The portfolio consists of 5, 1-bed/1-bath units & one 2-bed/1-bath SFR, plus a storage shed. All six units are currently occupied by stable, long-term Section 8 tenants, providing reliable income with minimal turnover. Additional income is generated from on-site laundry facilities. Located in the sought-after Mission Park area of South Salinas, the property sits near Hartnell College, schools, bus lines, and major freeways, ensuring strong tenant demand. A shared driveway provides convenient parking for residents. Recent upgrades, including new plumbing & a new roof overlay on one building, add to the propertys appeal and reduce near-term capital needs. Whether youre a seasoned investor looking to expand your portfolio or a buyer seeking a low-maintenance, high-yield multifamily asset, this complete 6-unit package delivers immediate income & a strategic foothold in South Salinas. Sellers prefer to sell both parcels together as one investment opportunity.