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About the Listing ML37244 - ML150464
12-unit apartment complex in South Salinas located at 330 Soledad Street. The property consists of twelve 2-bedroom, 1-bath units, each with its own water heater, helping keep maintenance and operating costs more straightforward. Several units have been updated over time, while others offer room for a new owner to add value. The property has a strong rental history with long-term tenants and very low turnover, providing consistent, reliable income. At a 5% cap rate, this is a solid investment opportunity with stability and upside potential. Conveniently located near downtown Salinas with easy access to shopping, dining, and main thoroughfares.
Listing Highlights
Status
Active
Days on Site
7
Property Type
Commercial Sale
MLS ®
ML82040391
Year Built
1977
Total Square Footage
8,960
Lot/Acreage
0.3
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
- Heating: Electric
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 4
- Zoning: R-M-2.9
- Roof: Composition
- Others:
- Sewer:
Financial Details
- Tax Amount: $36,850
- Taxes w/Assessments: N/A
- Tax/Property ID: 002223008000
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Questions About..
330 Soledad St Salinas, CA 93901
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