981 Sunset Drive, Hollister, CA 95023
Corner-lot tri-plex with attached garages and tenant-paid utilities, offering long-term rental stability potential.
- Added:
- Jun 4, 2026
- Days on Market:
- 25
- Last Refresh:
- Jun 27 at 2:44 am
Property Features for 981 Sunset Drive
General Information
- Standard status
- Active
- Size
- 2,887 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1974
Listing office Nino Real Estate (831) 801-3210
Listing date Jun 4, 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 Nino Real Estate
HighLights
- 1974‑built, single‑story tri‑plex with a corner lot
- Long‑term tenants in place
- Attached garages
- Laundry connections included
- Tenants pay for all utilities
Overview
Set on a corner lot, the triplex is positioned for everyday convenience, with Hazel Hawkins Hospital, local doctors and dentists, commuter roads, and shopping and dining all described as being close by. The location and access are part of what supports the property’s day-to-day rental appeal.
For investors or buyers looking to add to a residential rental portfolio, this is a well-established, quality-built multi-unit opportunity with multiple units under one roof. The combination of attached parking, in-unit laundry connections, tenant-paid utilities, and existing long-term occupancy can align with ownership goals focused on straightforward operations and dependable rent-paying households.
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 | $97.0k | $33.60 |
| − Vacancy | −$5.1k | −$1.75 |
| EGI | $91.9k | $31.85 |
| − OpEx | −$27.6k | −$9.55 |
| NOI | $64.4k | $22.29 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Hollister
- County
- San Benito
- State
- California
- Longitude
- -121.3849412
- Latitude
- 36.8347805
