11 E Laurel Drive Salinas, CA 93905

$1,700,000
11 E Laurel Drive, Salinas, CA 93905
ML81693981

Lots and Land for sale in Salinas, CA

for $1,700,000. The lot size is 7.67 Acre(s).

Property Information

  • $1,700,000
  • Lots and Land
  • Active
  • Lot size of 7.67 Acre(s)
  • Salinas, CA
  • Sunset Neighborhood
  • Monterey County
  • MLS/Web ID is ML81693981

Description

11 Hill Circle is approved for a 53 Unit Housing Development project. This approval and expiration has been extended to April 17th, 2018 to begin construction. Project is marginally profitable. City has indicated a willingness to increase density to 85-90 units apartment project or more. Redesign to a traditional apartment project is possible with 2-3 buildings on part of the property. Ideal for affordable or subsidy, low income, or senior housing. Maps, City CUP paperwork for prior project, and Environmental & Soil Reports are available. Call for more information.

Exterior 1

Road Frontage

  • City Street
  • Paved

† Excluded Feature

Listed By

Broker: RENZ & RENZ

11 E Laurel Drive, Salinas, CA, 93905 is a Lots and Land for sale at $1,700,000 with a lot size of 7.67 Acre(s). 11 E Laurel Drive has 0.0 baths. The property's zip code is 93905 which is in Salinas, CA

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Market Pricing

Average % of sale price Median % of sale price
All listings in Salinas $816,563 52 % below $569,000 67 % below
Lots and land listings in Salinas $1,706,216 0 % above $582,000 66 % below

Get the facts about Salinas, CA!

Population 156,380
Population Growth (since 2000) 3 %
Median Income $50,139
Median Age 30.96
Households w/ Children 47 %

Residential Dwellings

  • Owned 19138
  • Vacant 2103
  • Rented 22845

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