447 Soledad Street Salinas, CA $ 999,000
447 Soledad Street
$ 999,000
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447 Soledad Street

Salinas, CA, 93901
$ 999,000
Baths0.0 Sq 4,175

Monthly Estimate*

$ 6,308

Listed by Compass
447 Soledad Street, Salinas, CA 93901 - Image 1
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Studio

Multi-Family Home for sale in Salinas, CA

for $999,000. This 4,175 square foot home was built in 1981 on a lot size of 0.1789.

Investment Opportunity in South Salinas! This four-unit property offers a desirable unit mix consisting of one 3-bedroom, 1.5-bath unit, one 2-bedroom, 1-bath unit, and two 2-bedroom, 1.5-bath units. Do not disturb tenants. Three units are currently tenant occupied and Unit #3 is available to rent out upon purchase, providing an opportunity for a new owner to make improvements and establish a new tenancy at a market rent, subject to applicable rental laws and regulations. The property has deferred maintenance and is being offered in its present condition, providing an opportunity for an investor to make improvements over time and enhance the property's overall condition and income potential. Convenient South Salinas location with access to shopping, schools, services, and major thoroughfares. A great opportunity for an investor looking for an established four-unit property with existing rental income, one vacant unit, and future value-add potential.

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Multi-Family Active

Price

$ 999,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 5,489

Style

Lot Size

0.1789

Year Built

1981

Town/City

Salinas

County/Region

Monterey

MLS | Web ID

ML82057880

Days on Market

5

Features
General
Living Area 4175
Sewer Public Sewer
Heating Wall Furnace
Cooling None
Roof Tar/Gravel
Zoning R-M-2.9
Garage Spaces 0
Year Built 1981
Property Subtype Quadruplex
Accessibility Parking
County Monterey
Insurance Expense 7204
Property Type Residential Income
HOA false
MaintenanceExpense 1631
Garage Y/N false
Special Listing Conditions Standard
Status Active
Directions Cross Street: John St
City Salinas
High School District Other
MLS Area 699 - Not Defined
Lot Size Units Square Feet
Lot Size Square Feet 7791
Carport Spaces 6
Carport Y/N true
Tax Annual Amount 5489
Trash Expense 0
Standard Status Active
Occupancy Type Tenant
Year Built Source Other
Property Sub Type Additional Quadruplex
Cap Rate -1.08
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Interior
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
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Exterior
Parking Features Covered
Water Source Public
Total Parking 0
Lot Size Area 7791
Foundation Details Concrete Perimeter
Number of Buildings 4
Building Area Total 4175
Lot Size Acres 0.1789
Lot Size Source Assessor
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* Excluded Features
List By
Compass

Broker

chantel.henson@compass.com

Email

Affordability Calculator

$6,765
Per Month
93%
7%
0%
Monthly Principal & Interest
$6,308
Monthly Property Taxes
$457
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/19/2026$999,000 Listed Price

Map


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447 Soledad Street, Salinas, CA, 93901 is a Multi-Family Home for sale at $999,000 with 4,175 sqft and a lot size of 0.1789. 447 Soledad Street is a studio with 0.0 baths and was built in 1981. The property's zip code is 93901 which is in Salinas, CA