Listing Courtesy of:
Steve Major and Associates
Agency Phone: 818-996-7355
Associate Name: Steven Major
Listing Shown by:
Farrell Smyth, Inc.
Agency Phone: 805-543-2172
This property presents a rare investment and value-add opportunity in the heart of Hollister. This unique triplex offers multiple income-producing possibilities and significant upside potential. The second unit is currently occupied by a Section 8 tenant, providing stable and consistent rental income. The main house is currently mid-remodel with approved permits already in place, offering a head start for investors or owner-occupants looking to complete the project to their vision. The interior features exposed framing throughout, while a substantial portion of the rough electrical and plumbing work has already been completed. Additional improvements include a new water heater, paid solar, new HVAC unit, and a substantial amount of new ducting already installed. Situated on a generous lot, the property offers flexibility for future improvements, additional rental potential, or multi-generational living. Conveniently located near schools, shopping, dining, and downtown Hollister amenities, this property is an excellent opportunity for investors, contractors, or buyers seeking a project with strong upside and existing income potential. Property will require a cash buyer or hard money financing due to the current condition and ongoing remodel. Drive-by only ? please do not disturb occupants.
Listed By
Agency Name: Steve Major and Associates
Agent Name: Steven Major
Agency Phone: 818-996-7355
Shown By
Agency Title: Farrell Smyth, Inc.
Agency Phone: 805-543-2172
Estimated Payment
$ 1,885.41 per month $1,666.95 Principal & Interest $0.00 Property Tax (data not provided by mls) $218.46 Homeowner's Insurance
1199 Monterey | MLS# SR26110492
This multi-family property located at 1199 Monterey, Hollister, CA 95023 is currently listed for sale with an asking price of $749,000. Monterey is located within the Hollister school district. Search Hollister real estate on www.farrellsmyth.com today.