This remarkable triplex is a prime investment opportunity. It consists of three well-maintained units: Front Unit (88 Geil Street): 2 beds, 1 bath. Rear Unit A (613 Capitol Street): 2 beds, 1 bath. Rear Unit B (613 Capitol Street): 3 beds, 2 baths. With a total living space of 3,083 sq. ft. and a spacious 10,400 sq. ft. lot, there's room for growth and outdoor amenities. Each unit has separate gas and electric meters for added convenience. Ideal for investors, this triplex is being sold 'as-is,' offering room for customization and income potential. Don't miss this outstanding investment opportunity.
Sold for $950,000
$950,000
88 Geil St, Salinas, CA 93901
6beds
4baths
3,083sqft
Triplex, Residential Income
Built in 1925
-- sqft lot
$-- Zestimate®
$308/sqft
$4,943 Estimated rent
Home value
Not available
Estimated sales range
Not available
$4,943/mo
Zestimate® history
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$5,981/mo
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Separate gas
Zillow last checked:
Listing updated:
Listed by:
Van Thi Huynh 02117511 408-887-2782,
Tech Bay Real Estate 408-837-1808
Bought with:
, 02196923
Better Homes & Gardens Real Estate: BEST LIFE
Source: MLSListings Inc,MLS#: ML81947303
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
Heating
- Gas, Wall Furnace
Cooling
- None
Appliances
- Included: Oven/Range
- Laundry: Hookups Only
Features
- Flooring: Carpet, Laminate, Tile
- Doors: Other
Interior area
- Total structure area: 3,083
- Total interior livable area: 3,083 sqft
Property
Parking
- Total spaces: 6
- Parking features: Assigned, Attached
- Garage spaces: 2
- Has carport: Yes
Accessibility
- Accessibility features: Other
Features
- Stories: 1
Lot
- Size: 10,400 Square Feet
Details
- Parcel number: 002433010000
- Zoning: RM
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex, Residential Income
Materials
- Foundation: Crawl Space
- Roof: Shingle
Condition
- Year built: 1925
Utilities & green energy
- Gas: NaturalGas, PublicUtilities
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Natural Gas Available, Public Utilities, Water Public
Community & HOA
Location
- Region: Salinas
Financial & listing details
- Price per square foot: $308/sqft
- Tax assessed value: $988,380
- Annual tax amount: $2,451
- Date on market: 11/7/2023
- Listing agreement: ExclusiveRightToSell
- Listing terms: Other
- Inclusions: Other
- Lease term: Month To Month
Price history
| Date | Event | Price |
|---|---|---|
| 12/18/2023 | Sold | $950,000$308/sqft |
Source:  MLSListings Inc #ML81947303 Report a problem | ||
| 12/12/2023 | Pending sale | $950,000$308/sqft |
Source: MLSListings Inc #ML81947303 Report a problem | ||
| 11/7/2023 | Listed for sale | $950,000+150%$308/sqft |
Source: MLSListings Inc #ML81947303 Report a problem | ||
| 6/27/2014 | Sold | $380,000$123/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $988,380 +2% |
| 2025 | $12,113 +9.2% | $969,000 +2% |
| 2024 | $11,087 +117.7% | $950,000 +116.4% |
| 2023 | $5,092 +3.9% | $438,959 +2% |
| 2022 | $4,903 +4.1% | $430,353 +2% |
| 2021 | $4,711 +2.8% | $421,916 +1% |
| 2020 | $4,581 +0.7% | $417,591 +2% |
| 2019 | $4,548 +1.3% | $409,404 +2% |
| 2018 | $4,491 -0.1% | $401,378 +2% |
| 2017 | $4,495 -0.1% | $393,509 +2% |
| 2016 | $4,499 +8% | $385,794 +1.5% |
| 2015 | $4,166 | $380,000 +3.7% |
| 2014 | $4,166 | $366,398 +2.5% |
| 2012 | -- | $357,592 +2% |
| 2011 | -- | $350,581 +0.8% |
| 2010 | -- | $347,962 -0.2% |
| 2009 | -- | $348,789 +2% |
| 2008 | -- | $341,951 +2% |
| 2007 | -- | $335,247 +2% |
| 2006 | -- | $328,675 +2% |
| 2005 | -- | $322,232 +2% |
| 2004 | -- | $315,915 +1.9% |
| 2003 | -- | $310,126 +2% |
| 2002 | -- | $304,047 +2% |
| 2001 | $3,078 | $298,086 +17.4% |
| 2000 | -- | $254,000 |
Find assessor info on the county website
Neighborhood: South Salinas
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Nearby schools
GreatSchools rating
- 6/10Mission Park Elementary SchoolGrades: K-6Distance: 0.5 mi
- 5/10Washington Middle SchoolGrades: 7-8Distance: 0.3 mi
- 7/10Salinas High SchoolGrades: 9-12Distance: 0.1 mi
Schools provided by the listing agent
- District: SalinasCityElementary
Source: MLSListings Inc. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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