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189 Debbie Dr, Marina, CA 93933

$1,649,000

  • Sold
  • Closed
  • Commercial
  • 4,533 Sq. Ft.
  • 0.927 Acres
189 Debbie Dr, Marina, CA 93933 View this property at 189 Debbie Dr, Marina, CA 93933
189 Debbie Dr Marina CA 93933

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Property Description

Unique Investment Opportunity in Marina. Generate positive cash flow with this 5 unit plus workshop gated property. Three homes (3143 Marina Dr, 193 Debbie Dr & 195 Debbie Dr), One duplex (189 & 191 Debbie Dr) and a storage space with half bath on .927 acres in the heart of Marina. 6 units total/ all individual metered for gas/water/elec. All currently rented. Tenant pays all. Properties are different size, design and age. The three homes are 2 bed/1 ba/ 1 car garage. The duplex is a 3 bed/ 1.5 ba with attached garages. Current rents 18% below market. Priced right @ 5.91% CAP for its current income NOW with a potential of 7.13% CAP! Zoned R-4 which allows many other possibilities!

Full Property Details for 189 Debbie Dr

  • Sold For: $1,649,000
  • Status: Closed
  • Type: Commercial
  • MLS ID: 81656807
  • Added: 94 day(s) ago

Property History

  • 189 Debbie Dr, Marina, CA
  • Sold at $1,649,000 on 7/24/17
  • Listed at $1,695,000 on 6/20/17

Additional Information

  • Security/Safety: Secured Garage / Parking, Varies by Unit

Parking

  • Garage Spaces: 5
  • Parking Features: Attached Garage, Carport , Detached

Location

  • Area: Locke Paddon
  • County: Monterey
  • Cross Streets: Marina Drive/Debbie Drive

Heating & Cooling

  • Cooling Type: None

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Individual Electric Meters, Individual Gas Meters
  • Metering: Separate Electric, Separate Gas, Separate Water

Structural Information

  • Foundation: Concrete Perimeter and Slab
  • Roof: Composition
  • Disability Access: None
  • Square Feet: 4,533
  • Year Built: 1949

Unit Information

Unit 1

  • Square Feet: 1050
  • Bedrooms: 3

Unit 2

  • Square Feet: 864
  • Bedrooms: 3

Unit 3

  • Bedrooms: 2

Unit 4

  • Bedrooms: 2

Lot Features

  • Lot Size (Acres): 0.927
  • Minimum Lot Size: 40380.12
  • Building Sites: 4
  • Zoning: R-4

Disclosures and Reports

  • Restrictions: No Age Restrictions

Listed by Montgomery Company, Mark Kavanaugh
Sold by Mro, Mark Kavanaugh

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189 Debbie Dr, Marina, CA 93933 (MLS# 81656807) is a Commercial property that was sold at $1,649,000 on July 24, 2017. Want to learn more about 189 Debbie Dr? Do you have questions about finding other Commercial real estate for sale in Marina? You can browse all Marina real estate or contact a Coldwell Banker agent to request more information.

Listed by Montgomery Company, Mark Kavanaugh
Sold by Mro, Mark Kavanaugh