11 Laurel Drive

  • Salinas

  • $1,700,000
  • Acres
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Lot/LandDetails

Description & Essential
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.
Essential
MLS #ML81693981
Price$1,700,000
Lot Square Feet≈ 334,105
CountyMonterey
StateCA
Area699 - Not Defined
ZoneHigh Density Residential
StatusActive
Sale TypeStandard
Listing BrokerageRenz & Renz
Listing AgentGeorge Renz
Listing Agent BRE #00854816

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Based on information from California Regional Multiple Listing Service, Inc. as of Friday, July 20, 2018. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.