$999,000
 $5,363 est/mo Sourced by Back At You

447 Soledad Street,Salinas, CA 93901

Salinas, CA 93901

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Description

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, and future value-add potential.

Details

MLS #ML82057880
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1981
Days On Site9
Listing Provided ByCompass | Chantel Henson

Features

SQ Feet4,175
Car PortYes
Building(s)4
ZoningR-M-2.9
Acreage0.18

Interior

CoolingNone
HeatingWall Furnace
Heating Yes / NoYes
Cooling Yes / NoYes

Exterior

RoofTar Gravel
Foundation DetailsConcrete Perimeter

Parking

Parking FeaturesCovered
Garage Yes / NoNo

Utilities

SewerPublic Sewer

Taxes

Property5489

Area Information

StateCA
CountyMonterey
CitySalinas
Zip Code93901
Area699 Not Defined
Listing VS Median (in 93901)
Price:
$999,000
low | high
Med:
$1,172,500
32.632632632633% of Average
sqft:
4,175
low | high
Med:
2,618
87.293413173653% of Average
$ / sqft:
$239
low | high
Med:
$471
46.982594417709% of Average
On site:
9
low | high
Med:
40.5
22.222222222222% of Average
Sourced by Back At You

Market Activity 93901

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Coldwell Banker Commercial Real Estate Solutions

Coldwell Banker Commercial Real Estate Solutions

DRE: 01857050 (760) 684-8000info@cbcdesert.com
StateCA
CountyMonterey
CitySalinas
Zip Code93901
Area699 Not Defined
Listing VS Median (in 93901)
Price:
$999,000
low | high
Med:
$1,172,500
32.632632632633% of Average
sqft:
4,175
low | high
Med:
2,618
87.293413173653% of Average
$ / sqft:
$239
low | high
Med:
$471
46.982594417709% of Average
On site:
9
low | high
Med:
40.5
22.222222222222% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $749K - $1.248M
sqft: 3,000 - 5,000
Nearby Listings Property ImageNearby Listings Details
109 E Alisal Street Property Photo 1
$995,000
109 E Alisal Street
Salinas, CA 93901
Listing Updated: August 25, 2026 at 7:59:23 PM PDT
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