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157 Central Avenue Salinas, CA $ 1,495,000
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$ 1,495,000 Get more info
157 Central Avenue
$ 1,495,000
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Share Save

157 Central Avenue

Salinas, CA, 93901
$ 1,495,000
Bedrooms4 Baths-- Sq 3,441

Monthly Estimate*

$ 10,326

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Commercial Property for sale in Salinas, CA

for $1,495,000 with 4 bedrooms. 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

Bedrooms

4

Property Type

Commercial

Taxes

$ 0

Style

Other

Lot Size

0.1542

Year Built

1934

Town/City

Salinas

County/Region

Monterey

MLS | Web ID

ML82060994
Features
General
Living Area 3441
Heating Wall Furnace
Cooling None
Roof Composition Shingles
Zoning CO
Year Built 1934
Property Subtype Other
County Monterey
Property Type Commercial Sale
HOA false
Status Active
City Salinas
MLS Area Listing
Lot Size Square Feet 6716
Standard Status Active
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Interior
Air Conditioning Y/N false
Heating Y/N true
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Exterior
Water Source Public
Lot Size Area 6716
Building Area Total 3441
Lot Size Acres 0.1542
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* Excluded Features
List By
Patrick Stafford

Listing Agent

Baird Partnership, Inc.

Broker

pstafford@mahoneycommercial.com

Email

Affordability Calculator

$10,326
Per Month
100%
0%
0%
Monthly Principal & Interest
$10,326
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
0 Middle School
Unknown High School High School
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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 has 4 bedroomsThe property's zip code is 93901 which is in Salinas, CA

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