1199 Monterey, Hollister, CA 95023
List Price: $749K
Listing Status: Active
0Days on Market: 3
4 Bedrooms · 4 Bathrooms · 2,466 sq ft
Property Type: Residential
Year Built: 1948
Lot Size: 14,749 sq ft
Garage Spaces: 2
Private Pool: Yes
MLS Number: SR26110492
About This Property
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.
Listing provided by: Steven Major DRE #01346774 818-996-7355 steve@majorpropertygroup.com, Steve Major and Associates
Source: CRMLS