713 Sally Street, Hollister, CA 95023
Three-unit property with two occupied units and a vacant unit, suited for buyers seeking a renovation project.
- Added:
- Mar 25, 2026
- Days on Market:
- 94
- Last Refresh:
- Jun 24 at 2:34 am
Property Features for 713 Sally Street
General Information
- Standard status
- Active
- Size
- 2,784 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1950
Listing office San Benito Realty (831) 902-9921
Listing date Mar 25, 2026
Source Exitrealty
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of San Benito Realty
HighLights
- Three‑unit property at 713 Sally Street, built in 1950
- Two units are currently occupied
- Third unit was recently vacated
- Will require repairs and updates due to poor condition
Overview
The asset is located in Hollister, California. The offering notes that the financials are based on current taxes and do not include rent from the vacant unit.
For tenants and buyers, this is a project property where value is expected to come from completing deferred repairs and updates across the units. With two units already occupied, an operator or investor can assess current in-place occupancy while planning the work required to bring the vacant unit back to rent-ready condition. This configuration may appeal to buyers looking to manage a small-scale multifamily renovation rather than purchasing a fully stabilized asset.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $93.5k | $33.60 |
| − Vacancy | −$4.9k | −$1.75 |
| EGI | $88.7k | $31.85 |
| − OpEx | −$26.6k | −$9.55 |
| NOI | $62.1k | $22.29 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Hollister
- County
- San Benito
- State
- California
- Longitude
- -121.3998449
- Latitude
- 36.8491992
