157 Central Avenue Salinas, CA $ 1,495,000
157 Central Avenue
$ 1,495,000
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157 Central Avenue

Salinas, CA, 93901
$ 1,495,000
Bedrooms-- Baths-- Sq 3,441

Monthly Estimate*

$ 9,440

Listed by Patrick Stafford, Baird Partnership, Inc., pstafford@mahoneycommercial.com
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Commercial Property for sale in Salinas, CA

for $1,495,000. This 3,441 square foot building was built in 1934 on a lot size of 0.1542.

157 Central Ave is an 8-unit apartment complex located in Downtown Salinas, adjacent to Hartnell College and Monterey County government offices. The property consists of six studio apartments within the two-story main building, along with two detached units: one one-bedroom/ one-bath unit and one three-bedroom/one-bath unit. The property has historically experienced very low tenant turnover, providing a stable and consistent rental history. The one-bedroom/one-bath unit can be delivered vacant at closing, offering an owner-user the opportunity to occupy the unit or an investor the flexibility to lease it at market rates.

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Commercial Active

Price

$ 1,495,000

Property Type

Commercial

Taxes

$ 16,744

Style

Lot Size

0.1542

Year Built

1934

Town/City

Salinas

County/Region

Monterey

MLS | Web ID

ML82060994

Days on Market

23

Features
General
Heating Wall Furnace
Cooling None
Roof Composition
Zoning CO
HOA Fee 0
Year Built 1934
County Monterey
Insurance Expense 7035
Property Type Commercial Sale
MaintenanceExpense 7500
Special Listing Conditions Standard
Status Active
City Salinas
High School District Other
MLS Area 699 - Not Defined
Lot Size Units Square Feet
Lot Size Square Feet 6716
Carport Spaces 2
Carport Y/N true
Tax Annual Amount 16744
Trash Expense 8184
Standard Status Active
Occupancy Type Tenant
Year Built Source Assessor
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Interior
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
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Exterior
Water Source Public
Total Parking 3
Lot Size Area 6716
Number of Buildings 2
Building Area Total 3441
Lot Size Acres 0.1542
Lot Size Source Assessor
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* Excluded Features
List By
Patrick Stafford

Listing Agent

Baird Partnership, Inc.

Broker

pstafford@mahoneycommercial.com

Email

Affordability Calculator

$10,835
Per Month
87%
13%
0%
Monthly Principal & Interest
$9,440
Monthly Property Taxes
$1,395
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
9/11/2026$1,495,000 Listed Price

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157 Central Avenue, Salinas, CA, 93901 is a Commercial Property for sale at $1,495,000 with 3,441 sqft and a lot size of 0.1542. 157 Central Avenue was built in 1934. The property's zip code is 93901 which is in Salinas, CA