Back to search
Commercial: MLS #ML82047880 Salinas, CA $ 4,199,000
Share Save
$ 4,199,000 Get more info
Commercial: MLS #ML82047880
$ 4,199,000
Back to search
Recently Listed
Share Save

Commercial: MLS #ML82047880

Salinas, CA, 93906
$ 4,199,000
Bedrooms2 Baths-- Sq 12,457

Monthly Estimate*

$ 25,854

MLS #/Web ID: ML82047880 - Image 1
MLS #/Web ID: ML82047880 - Image 2
MLS #/Web ID: ML82047880 - Image 3
MLS #/Web ID: ML82047880 - Image 4
MLS #/Web ID: ML82047880 - Image 5
MLS #/Web ID: ML82047880 - Image 6
MLS #/Web ID: ML82047880 - Image 7
MLS #/Web ID: ML82047880 - Image 8
MLS #/Web ID: ML82047880 - Image 9
MLS #/Web ID: ML82047880 - Image 10
MLS #/Web ID: ML82047880 - Image 11
MLS #/Web ID: ML82047880 - Image 12
MLS #/Web ID: ML82047880 - Image 13
MLS #/Web ID: ML82047880 - Image 14
MLS #/Web ID: ML82047880 - Image 15
MLS #/Web ID: ML82047880 - Image 16
MLS #/Web ID: ML82047880 - Image 17

Commercial Property for sale in Salinas, CA

for $4,199,000 with 2 bedrooms. This 12,457 square foot building was built in 1983 on a lot size of 0.4559.

Rarely available Salinas 16-unit apartment complex. 9.64 GRM & a 6.31% cap rate with new Proposition 13 taxes. Unit mix is all 2-bed / 1 bath. Lots of positives: 1983 construction, most of the wood siding replaced in the last 3 years, deck replacement & repairs last 4 years, SB721 clearance, exterior repainted, complex-owned laundry equipment, and Jeld-Wen vinyl windows. Interiors have remodeled the kitchens, installed new lighting, fans, and flooring, and installed new bathroom fixtures. Most units have a private deck, enclosed patio, some of which are quite spacious. There are two offices - one for management and one for ownership. The North Salinas location is close to shopping, amenities, Costco, Target, Safeway, banks, and many restaurants. Easy access to Highway 101 and may employment centers.

See more
Commercial Active

Price

$ 4,199,000

Bedrooms

2

Property Type

Commercial

Taxes

$ 0

Style

Other

Lot Size

0.4559

Year Built

1983

Town/City

Salinas

County/Region

Monterey

MLS | Web ID

ML82047880
Features
General
Living Area 12457
Heating Natural Gas Wall Furnace
Cooling None
Roof Composition Shingles
Appliances Refrigerator
Zoning Resi
Construction Materials Wood
Year Built 1983
View City Lights
Property Subtype Other
County Monterey
Property Type Commercial Sale
HOA false
Garage Y/N true
Status Active
City Salinas
MLS Area Listing
Lot Size Square Feet 19858
Standard Status Active
See more
Interior
Interior Amenities Updated Baths Updated Kitchen
Flooring Laminate Tile
Air Conditioning Y/N false
Heating Y/N true
See more
Exterior
Parking Features Attached Assigned
Lot Size Area 19858
Building Area Total 12457
Lot Size Acres 0.4559
See more
* Excluded Features
List By
Hap Albers

Listing Agent

Albers Real Estate Investment Company

Broker

hap@albersrealestate.com

Email

Affordability Calculator

$25,854
Per Month
100%
0%
0%
Monthly Principal & Interest
$25,854
Monthly Property Taxes
--
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
0 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/20/2026$4,199,000 Listed Price

Map

More homes like this one

homes for you

See all
See all
Get more info