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Active 0 days on market

1199 Monterey

Hollister, CA 95023

$749,000

1199 Monterey
1199 Monterey photo 2
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+5 more
4Beds
1.5Baths
2,466Sq Ft
0.34Acres
1948Built
2Garage

About This Home

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.

Property Details

Property TypeTriplex
Year Built1948
Living Area2,466 sq ft
Lot Size0.34 acres
Bedrooms4
Bathrooms1 full, 1 half
Garage Spaces2
Parking Total2
HeatingFloorFurnace
CoolingCentralAir
PoolNo
MLS #1169201742
Days on Market0 days

Location

Listed by

Steven Major

Steve Major and Associates

MLS# F207014877

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Based on information from CRMLS. All data is deemed reliable but not guaranteed. Listings marked with the CRMLS icon are provided courtesy of the California Regional MLS. Information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing.

1199 Monterey | Hollister, CA | Leeper Realty Group