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$1,350,000   Price Analysis
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18 Porter Dr
Royal Oaks, CA 95076
Unknown bed None bath 1,980 SqFt ($681/SqFt)
5,250SqFt lot. Built 1997
Listed 2024-04-23
May be USDA loan restricted due to income limits
near Interlaken

Great Investment opportunity located in the heart of downtown Pajaro!

Currently leased as a bar for over two decades, This commercil building was renovated in 1997 and features a commercial grade hood fan, countertops along with two commercial grade sinks.

Property also f eatures 3 units in the rear of property. 18 Porter Dr. is the commercial leased bar, 18-A and B Porter are both 2 Bedroom units and 18-C Porter is a 3 Bedroom unit. Fantastic rental earning potential!


Presented by Garrett Fischer at
EL CAMINO REALTY.


Property MLS #ML81962640 from MLSListings

Cooling Features: Ceiling Fan
Heating Features: Wall Furnace

Flooring: Vinyl / Linoleum

Lot Size Acres: 0.1205234
Lot Size Source: Assessor
Lot Size Square Feet: 5250

Parking Features: Off-Street Parking

Association: No
Calculated Total Monthly Association Fees: 0
Maintenance Expense: 1500

Number of Buildings: 2
Number of Units: 3
Bedrooms in Unit-1: 1
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 2
Bedrooms in Unit-4: 3
Full Bathrooms in Unit-1: 2
Full Bathrooms in Unit-2: 2
Full Bathrooms in Unit-3: 1
Full Bathrooms in Unit-4: 1
Half Bathrooms in Unit-4: 1
Unit-1 Square Feet: 1980
Unit-2 Square Feet: 673
Unit-3 Square Feet: 650
Unit-4 Square Feet: 1000
Unit 1 Total Actual Rent: 6000
Unit 2 Total Actual Rent: 1500
Unit 3 Total Actual Rent: 1500
Unit 4 Total Actual Rent: 2500

Elementary School District: Pajaro Valley Unified
High School District: Pajaro Valley Unified

Pajaro Middle School is a public middle school located approximately 0.3 miles away.
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Watsonville High School is a public high school located approximately 0.7 miles away.
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Ohlone Elementary School is a public elementary school located approximately 2.4 miles away.
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Potters House Community Christian School is a private elementary, middle and high school located approximately 0.2 miles away.
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Gross Scheduled Income: 138000
Income Includes: Rents

Horse Amenities: No

Annual Tax Amount: 6242
Source Listing Status: Active
County: Monterey
Cross Street: San Juan Rd.
Source Property Type: Residential Income (2-4 units)
Inclusions: Building
Insurance Expense: 3500
Area: Hall Road, Las Lomas, Aromas
Source Neighborhood: Hall Road, Las Lomas, Aromas
Ownership Type: Individual
Parcel Number: 117-332-024-000-B
Postal City: ROYAL OAKS
Trash Expense: 3480
Zoning: C-HD
Property Subtype: Triplex
Source System Name: C2C

Listed 2024-04-23
$1,350,000
MLSListings

Operating Expense: 21922
Operating Expense Includes: Maintenance, Services - Sewer, Services - Trash Removal, Utilities - Gas

Total Square Feet Living: 1980
Year Built: 1997
Foundation Details: Concrete Slab
Property Age: 27
Roof: Rolled Composition
Total Area Sqft: 1980
Year Built Source: Assessor

Sewer: Sewer - Public
Individual Electric Meters
Individual Gas Meters
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.