Additional details

Ella(Yan) Liang

liangsv@gmail.com +1(408) 656-9816

Listed by The C Group • Real Brokerage Technologies, DRE#70010221

$1,900,000

Est. payment - /mo

3 Beds

3 Baths

5,853 SqFt

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UPDATED:

Key Details

Property Type Commercial Multi-Residential (5 units)

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 5,853 sqft

Price per Sqft $324

MLS Listing ID ML82046180

Bedrooms 3

Full Baths 3

Year Built 1914

Lot Size 5,853 Sqft

Property Sub-Type Five or More Units

Property Description

Rare 11-unit rental property on a large lot in a convenient Salinas location. 1200 W Market Street offers a strong income-producing opportunity with a fantastic rent roll, steady renter pool, and close proximity to shopping, employment centers, dining, services, and commuter routes. The spacious lot provides ample storage, generous outdoor space, and flexibility for future value-add opportunities. With room for possible expansion and an ideal layout to explore additional development, this property presents meaningful upside potential for investors seeking both current income and long-term growth. A well-positioned multifamily asset in one of Salinas most accessible areas, offering scale, location, and future possibilities. Buyer to verify development potential, unit count, rents, zoning, and all property details.

Location

State CA

County Monterey

Area Ss

Zoning HDR 8

Interior

Heating Electric, Wall Furnace , Other

Cooling None

Exterior

Parking Features Common Parking Area, Detached Garage, Off-Street Parking

Garage Spaces 4.0

Utilities Available Individual Electric Meters, Individual Gas Meters

Roof Type Composition

Building

Foundation Concrete Perimeter

Sewer Septic Connected

Water Water Treatment System, Well

Others

Restrictions None

Tax ID 207-011-020-000

Security Features Other

Special Listing Condition Not Applicable

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Nearby School & Business

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Ella(Yan) Liang

+1(408) 656-9816

Realtor License ID: 01933960

1200 W Market CIR Salinas, CA 93901

Ella(Yan) Liang

Key Details

Location

Interior

Exterior

Building

Others

Nearby School & Business

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