210 East Romie Lane

Salinas, CA 93901

$1,250,000
Price
Beds
2,214 Sq. Ft.
$565 / Sq. Ft.
2,214
Sq. Ft.
$565
per Sq. Ft.

Description

Investment Opportunity: Triplex Plus Bonus Unit in South Salinas! Dont miss this chance to own a beautifully updated triplex ideally located near Memorial Hospital in South Salinas, plus a bonus unit! Property Details:Unit A: 1 bedroom, 1 bathroom, 600 sq ft. Unit B: Upstairs, 2 bedrooms, 1 bathroom, 750 sq ft. Unit C: 3 bedrooms, 1 bathroom, 964 sq ft. Unit D: A toy trailer generating steady rental income. With the addition of Unit D, its like buying four units! You can live in one while renting...Investment Opportunity: Triplex Plus Bonus Unit in South Salinas! Dont miss this chance to own a beautifully updated triplex ideally located near Memorial Hospital in South Salinas, plus a bonus unit! Property Details:Unit A: 1 bedroom, 1 bathroom, 600 sq ft. Unit B: Upstairs, 2 bedrooms, 1 bathroom, 750 sq ft. Unit C: 3 bedrooms, 1 bathroom, 964 sq ft. Unit D: A toy trailer generating steady rental income. With the addition of Unit D, its like buying four units! You can live in one while renting out the other three. Recent Upgrades: New roof, Newly remodeled in 2023 with new flooring, Fresh paint inside and out. Easy-to-maintain landscaping. Each unit comes with designated carport parking and storage, plus additional driveway parking for convenience. A coin-operated washer and dryer are available in the shared laundry area. Current Status: All units are currently rented at market rates, with tenants who consistently pay on time. Please respect tenant privacydo not disturb. Purchase Preference: Cash offers are preferred. Total Square Footage: Approximately 2,214 sq ft for all units. Please note that the square footage and other details have not been verified by the listing agent.

Property Details for 210 East Romie Lane

MLS City Name
Salinas
Building Type
TRIPLEX
Garage Spaces
0
Parking Spaces
6
Cross Street
California
LISTING UPDATED: 10/26/2024 03:39 PM

Property Details for 210 East Romie Lane

StatusActive
MLS #ML81972671
Days on Compass112
Taxes$1,500 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeRESIDENTIAL INCOME / TRIPLEX
Year Built1915
Lot Size0.15 AC / 6,557 SF
CountyMonterey County

Building Information for 210 East Romie Lane

Stories1Residences3Year Built1915Building Size-Lot Size0.15 AC / 6,557 SF

Property Information for 210 East Romie Lane

Features
Room Information
  • Additional Rooms: Storage
  • Kitchen: Countertop - Formica, Countertop - Tile, Oven Range - Electric, Refrigerator
Features
  • Fireplace: No
  • Flooring: Carpet, Vinyl / Linoleum
  • Laundry: Coin Operated
  • Living SqFt: 2214
  • Pool: No
  • Security Features: None
  • Special Features: Parking
Utilities
  • Cooling: Central AC
  • Heating: Wall Furnace
  • Meters: Master Electric, Master Gas
  • Sewer Septic: Sewer - Public
  • Utilities: Public Utilities
  • Water: Water On Site
Carport and Parking
  • Carport Min: 3
Garage
  • Garage and Parking: Covered Parking, Common Parking Area
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Area Text: Monterey Park
  • Roof: Shingle
  • Subclass: Triplex
  • Year Built Source: Assessor
  • Street Number: 210
  • Street Name: Romie
  • Street Direction Prefix: East
  • Street Suffix: Lane
  • Area ID: 70
Lot / Property Details
Building Information
  • Number Of Stories: 1
  • Number of Buildings: 1
  • Structure SqFt: 2214
  • Structure SqFt Source: Assessor
  • Age: 109
Development Information
  • Zoning Detail: Multi-Family
Location Information
  • City Limits: Yes
  • Incorporated: Yes
  • Parcel Number: 002-631-089-000
  • County Name: Monterey
  • City Name: Salinas
  • City Postal ID: 5389
  • Postal Code: 93901
  • Elementary School District: 441
  • High School District Text: Salinas Union High
Lot Information
  • Foundation: Concrete Perimeter and Slab
  • Horse Property: No
  • Lot Acres: .15
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
Multi Family Information
Building Information
  • No Of Leased: 3
General Information
  • Annual Tax Amount: $1,500
  • Building Unit Total: 3
  • Capitalization Rate: 7.82
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Income Includes: RV/Storage
  • Vacancy Factor: 0
Income / Expense Details
  • Expense Insurance: $1,000
  • Expense Landscape: $0
  • Expense Maintenance: $0
  • Expense Management: $0
  • Expense Trash: $600
  • Expenses Other: $0
  • Expenses Utility: $500
  • Expenses Total: $3,600
  • Operating Expenses Include: Services - Sewer, Services - Trash Removal, Utilities - Water
  • Gross Rent Multiplier: 12.33
  • Income Annual Gross: $101,400
  • Income Annual Rental: $92,400
  • Income Gross Scheduled: $101,400
  • Income Other: $9,000
Unit 1 Information
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Number of Bedrooms: 1
  • Unit 1 Rent: $2,000
Unit 2 Information
  • Unit 2 Approx Square Footage: 750
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Number of Bedrooms: 2
  • Unit 2 Rent: $2,350
Unit 3 Information
  • Unit 3 Approx Square Footage: 964
  • Unit 3 Full Bathrooms: 1
  • Unit 3 Number of Bedrooms: 3
  • Unit 3 Rent: $3,350
Unit Type 1
  • Unit Type1 Approx SqFt: 600

Property History for 210 East Romie Lane

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 210 East Romie Lane

Taxable ValueLand$412,080Additions$473,892Total$885,972
Tax Record2023$3,259 ($272 / month)
Home Facts
Baths3Total Finished SqFt995 SqFtAbove Grade Finished SqFt995 SqFtStories1Lot Size6,556 SqFtStyleMulti-Family Dwelling (2-4)Year Built1915CountyMONTEREYAPN002-631-089-000Fireplace TypeHas Fireplace

Schools near 210 East Romie Lane

This home is within Salinas Union High School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - K to 6
Public - K to 6
Public - K to 6
Rating
School
Distance
Lincoln Elementary School
PublicK to 6

Mission Park Elementary School
PublicK to 6

University Park Elementary School
PublicK to 6

Monterey Park Elementary School
PublicK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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210 East Romie Lane is a multi-family home for sale in Salinas, CA 93901. This property was listed for sale on July 10, 2024 by Villa Nueva Properties, it's currently listed at $1,250,000. It has been on the market for a total of 112 days and was last sold on January 31, 2022. This listing's school districts are Salinas Union High School District, Salinas City Elementary School District. Nearby schools include Lincoln Elementary School, Mission Park Elementary School and University Park Elementary School. 210 East Romie Lane is a 0-bed, 0-bath, 2,214 sqft multi-family home built in 1915.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Villa Nueva Properties, Joe Villanueva, DRE #01715260

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.