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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 93933View this property at 189 Debbie Dr, Marina, CA 93933
189 Debbie DrMarinaCA93933

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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 Detailsfor 189 Debbie Dr

General

  • Sold For: $1,649,000
  • Status: Closed
  • Type: Commercial
  • MLS ID: 81656807
  • Added: 367 day(s) ago

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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Schools

Schoolsserving 189 Debbie Dr

School District:Monterey Peninsula Unified School District
School Name
Grades
Distance
Marina Vista Elementary School, Marina, CA
390 Carmel Ave, Marina, CA 93933
K-5
0.9 mi
Los Arboles Middle School
294 Hillcrest Ave, Marina, CA 93933
6-8
0.6 mi
Marina High School
298 Patton Parkway, Marina, CA 93933
9-12
0.8 mi
Disclaimer: School data provided by Pitney Bowes. School attendance boundaries are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History

Price & Sales Historyfor 189 Debbie Dr

Date
Details
Price
Change
Source
7/24/2017
Sold
$1,649,000
-2.71%
MLS
6/20/2017
Listed
$1,695,000
MLS
Disclaimer: Historical sales and tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Community Info

Community Infofor 189 Debbie Dr

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

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.