157 Central Avenue, Salinas, CA 93901

$1,495,000
3,441
SqFt

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List Price
$1,495,000
Status
ACTIVE
MLS#
ML82060994
Year Built
1934
Property Type
Other
Living Area
3,441
Lot Size
6,716
Acres
0.15
County
Monterey
Subdivision
Ca

Property Description

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.

Additional Information

Roof
Composition Shingles
Water Sewer
Public

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Listing courtesy of Patrick Stafford from Baird Partnership, Inc.. 831-238-3592

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