Lease option
Rent-to-Own · Single Family · Salinas, CA · 3BR/2.0BA
100 E Alvin Dr, Salinas, CA · Listed Jan 2025
The seller hasn’t added photos yet
Property typeApartment
Units49
Living area38,688 sqft
Lot2.8 acres
Year built2013
About this deal
Lease-option on a single-family home located at 100 E Alvin Dr, Salinas, CA. Move in now and lock in today's price of $365,000. Option period and rent-credit terms are negotiable. 3 bedrooms, 2.0 bathrooms, built 1936.
The numbers
- Cap rate
- 5.8%
- Net operating income
- $31,776/yr
- Cash flow
- +$2,648/mo
- Occupancy
- 49 of 49 units
Figures are provided by the seller and haven’t been verified by ListDeed. Do your own due diligence.