119 Carr Avenue Salinas, CA $ 950,000
119 Carr Avenue
$ 950,000
Recently Listed
Share Save

119 Carr Avenue

Salinas, CA, 93905
$ 950,000
Baths0.0 Sq 2,050

Monthly Estimate*

$ 5,849

Listed by Compass
119 Carr Avenue, Salinas, CA 93905 - Image 1
119 Carr Avenue, Salinas, CA 93905 - Image 2
119 Carr Avenue, Salinas, CA 93905 - Image 3
119 Carr Avenue, Salinas, CA 93905 - Image 4
Studio

Multi-Family Home for sale in Salinas, CA

for $950,000. This 2,050 square foot home was built in 1941 on a lot size of 0.1722.

This property is a unique investment opportunity in the heart of Salinas! This one-of-a-kind 4-unit multi-family property features four separate units, each offering privacy and character that tenants love. With a mix of long-term, stable tenants, this property provides immediate income potential while still offering room for growth. The seller completed select renovations during the pandemic, blending modern updates with the property's original charm. This property has easy access to shopping and dining. It is perfect for investors looking to expand their portfolio or an owner-occupant seeking rental income. The city says converting the garage to a 5th unit is possible, Buyers to verify with the city. Key Features: Four individual cottages No shared walls, offering privacy for tenants Recent updates completed during the pandemic Great potential for value appreciation in a growing rental market Don't miss this rare opportunity to own a charming and income-generating property in Salinas.

See more

Multi-Family Active

Price

$ 950,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 2,034

Style

Lot Size

0.1722

Year Built

1941

Town/City

Salinas

County/Region

Monterey

MLS | Web ID

ML82037604

Days on Market

2

Features
General
Living Area 2050
Sewer Public Sewer
Heating Wall Furnace
Cooling None
Roof Bituthene Composition
Zoning R-L-5.5
Garage Spaces 1
Architectural Style Bungalow Mediterranean
Year Built 1941
Property Subtype Quadruplex
Accessibility None
County Monterey
Insurance Expense 2276
Property Type Residential Income
HOA false
MaintenanceExpense 2000
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions Cross Street: East Market St
City Salinas
High School District Other
MLS Area 699 - Not Defined
Lot Size Units Square Feet
Lot Size Square Feet 7500
Carport Spaces 0
Tax Annual Amount 2034
Trash Expense 2196
Standard Status Active
Occupancy Type Tenant
Year Built Source Assessor
Property Sub Type Additional Quadruplex
Cap Rate 5.82
See more
Interior
Flooring Carpet Laminate Tile
Total Stories 1
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
See more
Exterior
Parking Features Off Street
Lot Features Level
Water Source Public
Total Parking 4
Lot Size Area 7500
Number of Buildings 4
Building Area Total 2050
Lot Size Acres 0.1722
Lot Size Source Assessor
See more
* Excluded Features
List By
Compass

Broker

mark.cohan@compass.com

Email

Affordability Calculator

$6,019
Per Month
97%
3%
0%
Monthly Principal & Interest
$5,849
Monthly Property Taxes
$170
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/16/2026$950,000 Listed Price

Map


See all

119 Carr Avenue, Salinas, CA, 93905 is a Multi-Family Home for sale at $950,000 with 2,050 sqft and a lot size of 0.1722. 119 Carr Avenue is a studio with 0.0 baths and was built in 1941. The property's zip code is 93905 which is in Salinas, CA