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ActiveUnderContract

+3 more

$795,000

851 DOM

— bd— ba— sqft

Call

0 Laureles Grade Salinas, CA 93908

24.27acre lot

Monterey Salinas Hwy- Rare Opportunity to acquire this Premium 24+ acres comprised of raw land adjacent to Monterey Salinas Hwy and Los Laureles Grade. Two parcels (APN's 173-011-022 & 173-011-055) are included in this offering. This amazing property has been held for over 35 years by the same owner. A blank palette waiting for your imagination.

MLS ML81942616

(831) 626-2221 (Office) 831-521-1105 (Cell) hollingsworthhomes@gmail.com

Est. payment

$5,080/mo

Principal & interestTaxesInsurance

$4,020$828$232

Down %

Rate %

Years

Down payment: $159,000 · Total cost: $1,606,183

Mortgage vs rent

Compare estimated owner carrying cost (same loan math as above) to a gross rent estimate from a price-based multiplier (not a comp lease).

Est. carrying cost$5,080/mo

Principal & interest: $4,020
Est. property tax: $828
Est. insurance: $232
Down payment: $159,000

Est. gross rent$3,313/mo

Gross rent ≈ list price ÷ (20 × 12). Adjust the multiplier to match how you underwrite (typical investor GRM bands are often ~16–24 for SFR, market-dependent).

Rent − carrying cost (illustrative)$-1,767/mo

Down payment20%

6.5% APR, 30-year amortization — same P&I formula as the payment calculator above.

Gross rent multiple (annual)20×

Not financial advice. Mortgage uses standard amortizing P&I; taxes and insurance are rough California-style estimates (1.25% / yr tax, 0.35% / yr insurance). Rent is gross (no vacancy or management); actual market rent requires comps or a lease listing.

Price History

Event	Date	Price	Change
Listed	Sep 20, 2023	$925,000	—

Facts & Features

Transaction Data

▼Price Reduced from $925,000 (−$130,000)

Close DateMay 21, 2026

(831) 626-2221 (Office) 831-521-1105 (Cell) hollingsworthhomes@gmail.com

Sale & Tax History

No Recent Sales History

We didn't find any closed transactions for this property in the last 5 years.

Call

0 Laureles Grade — Salinas | Belmont Brokerage | Belmont Brokerage

0 Laureles Grade Salinas, CA 93908

About this home

Paul Hollingsworth

Est. monthly payment

Mortgage vs rent

Price History

Facts & Features

Transaction Data

Paul Hollingsworth

Sale & Tax History

No Recent Sales History

0 Laureles Grade, Salinas, CA 93908

About This Property

Property Photos

Location

Open Houses

Listing Agent

Presented by Belmont Brokerage Inc.

0 Laureles Grade Salinas, CA 93908

About this home

Paul Hollingsworth

Est. monthly payment

Mortgage vs rent

Price History

Facts & Features

Transaction Data

Paul Hollingsworth

Sale & Tax History

No Recent Sales History