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75 N Hebbron AVE, Salinas
$4,150,000
ML82012531 MLS
This multifamily offering presents investors with a rare opportunity to acquire a well-located asset in the Salinas market characterized by exceptionally tight housing supply and robust long-term fundamentals. With current rents approximately 24.5% below market, the property offers significant upside potential through rent repositioning, management efficiency, or light value-add improvements. The property has received lots of upgrades in the past 4 years: 3 units have undergone major renovations, with 10 other units receiving varying levels of upgrades such as new kitchens, new tub and surround replacements (including plumbing), new kitchens with shaker cabinets, quartz countertops, etc. All electrical subpanels (18) and main electrical panels (3) have been replaced. The majority of roofing was replaced, plus new facia, gutters and downspouts. Siding replacement was done on the end unit kick-outs. The exterior received a full paint job. Most water heaters have been replaced in the last four years. Loan assumable at 3.58% interest rate with 3 years remaining. Current cap rate of 5.47% with pro forma cap rate of 8.73%!

75 N Hebbron AVE, Salinas

Listed by Alex Budka, 831-275-5370 from Redwood Property Company
(If provided) CoList: Joe Budka from Redwood Property Company

Sold listing courtesy of Deba Christensen from M5022

515 E Alisal ST, Salinas
$1,800,000
ML82002527 MLS
Discover this exceptional commercial property in a high-traffic area of East Salinas! With a generous 8,651 square feet of interior space, these building offers tremendous potential for investors and business owners alike. Currently home to stable, long-term tenants, this freshly painted property provides immediate income stability while you explore future expansion possibilities. The generous-sized parking lot is a true bonus in this busy commercial corridor, offering convenient access for customers and deliveries. Whether you're looking to maintain the current tenant arrangement or have visions for expanding the property's potential, this versatile commercial space offers flexibility for various business models. Don't miss this opportunity to invest in one of East Salinas' well-positioned commercial properties. With its size, location, and development potential, this could be the business investment you've been waiting for!

515 E Alisal ST, Salinas

Listed by Chuck Fischer, 831-818-8148 from El Camino Realty
(If provided) CoList: from

Sold listing courtesy of Chuck Fischer from S2090

119 Carr AVE, Salinas
$875,000
5 Beds ⋅ ML82037604 MLS
This property is a unique investment opportunity in the heart of Salinas! This one-of-a-kind 4-unit multi-family property features four separate units, each offering privacy and character that tenants love. With a mix of long-term, stable tenants, this property provides immediate income potential while still offering room for growth. The seller completed select renovations during the pandemic, blending modern updates with the property's original charm. This property has easy access to shopping and dining. It is perfect for investors looking to expand their portfolio or an owner-occupant seeking rental income. The city says converting the garage to a 5th unit is possible, Buyers to verify with the city. Key Features: Four individual cottages No shared walls, offering privacy for tenants Recent updates completed during the pandemic Great potential for value appreciation in a growing rental market Don't miss this rare opportunity to own a charming and income-generating property in Salinas.

119 Carr AVE, Salinas

Listed by Mark Cohan, 831-869-2777 from Compass
(If provided) CoList: from

Sold listing courtesy of Manny Munoz from EXPCA

3 S Wood ST, Salinas
$850,000
ML82025363 MLS
Great opportunity to own two commercial units and one residential unit. The two commercial units are currently rented as a Mexican restaurant and a hair salon. The upstairs unit has been vacant for many years and would make a great owner unit or rental. It consists of three bedrooms and one bath. There is a small unit across the hall from it that has a sink, 1/2 bath, heating, electrical for a oven and laundry hook ups. Only thing missing is a shower. This location has been in the same family for many years and once was the locals go to place for Chinese food. There is also a nice sized piece of unused land that has not been used for any financial gain but has great possible opportunity for expansion. Take a look this might just be the investment you're looking for!

3 S Wood ST, Salinas

Listed by Bill Backus, 831-262-9730 from Backus Properties
(If provided) CoList: from

Sold listing courtesy of Bill Backus from M7495

15 Rincon AVE, Salinas
$725,000
4 Beds ⋅ 3 Baths ⋅ ML82053970 MLS
Pride of ownership shines throughout this beautifully maintained and truly turnkey home at 15 Rincon Ave. Offering over 1,900+ square feet of comfortable living space, this 4-bedroom, 3 full bath residence features a versatile layout with two bedrooms conveniently located downstairs and two upstairs, perfect for multi-generational living or added flexibility. The home boasts an updated kitchen that blends style and function, tile flooring throughout, ample storage, and fresh interior and exterior paint that gives it a crisp, move-in ready feel. With a newer roof (just 2 years old) and energy-efficient solar panels, this home delivers both comfort and long-term value. Located in the heart of Salinas historic Eastside, this property offers not just a home, but a lifestyle rooted in community and tradition. Step outside to a spacious backyard designed for gatherings, celebrations, and creating lasting family memories, complete with a storage shed for added convenience. Every detail reflects care and pride, making this a rare opportunity you don't want to miss. Come experience the warmth and charm of 15 Rincon Ave, your next chapter starts here.

15 Rincon AVE, Salinas

Listed by Christopher Barrera, 831-206-9089 from Windermere Valley Properties
(If provided) CoList: from

Sold listing courtesy of Hui Wang from LEMUS

615 Terrace ST, Salinas
$712,000
5 Beds ⋅ ML82039241 MLS
Great opportunity to own a fully rented triplex in east salinas! The front unit is a mostly remodeled 2 bedroom 1 bath unit with updated flooring, kitchen cabinets and countertops. The back unit is a 2 bedroom 1 bath with tile flooring and open floor plan with a small fenced backyard. The 3rd unit is a 1 bedroom 1 bathroom with tile flooring and storage shed in backyard. Rents are low for each unit and could easily be doubled over time, subject to Salinas rental ordinance. Owner covers trash, septic and water which potentially could be costs transferred to the tenants over time as well. There is plenty of room for improvements to be made that would reflect in an increase in equity position and cashflow for this property. Close proximity to shopping, restaurants, hwy 101 and local schools. This is truly a great investment opportunity for the right buyer!

615 Terrace ST, Salinas

Listed by Sean Griffin, 831-262-1955 from Agency One Real Estate
(If provided) CoList: from

Sold listing courtesy of Juan Humberto Orozco Lopez from WASON

847 Meadow DR, Salinas
$675,000
3 Beds ⋅ 2 Baths ⋅ ML82021275 MLS
Just Listed! Welcome to 847 Meadow Drive, a charming 3-bedroom, 2-bath home in Salinas offering a warm blend of character and comfort. Inside, youll be greeted by beautiful natural light that highlights the wood flooring and rustic wood ceiling panels, creating a cozy yet inviting atmosphere. The home features fresh interior and exterior paint, giving it a crisp and modern feel throughout. Step outside to a nicely sized backyard perfect for relaxing, gardening, or entertaining complemented by fresh landscaping that enhances the homes curb appeal. Conveniently located near shopping centers, schools, and with easy access to Highway 101, this property combines everyday convenience with timeless charm. 847 Meadow Drive is move-in ready and waiting for its next owners to enjoy!

847 Meadow DR, Salinas

Listed by Sal Ornelas, 831-902-7625 from Remax Property Experts
(If provided) CoList: from

Sold listing courtesy of Juan Daniel Escorcia Blancas from M2731

129 N Filice ST, Salinas
$626,000
2 Beds ⋅ 1 Baths ⋅ ML82029269 MLS
WOW!! WOW!! WOW!! MAJOR PRICE REDUCTION!!! Welcome to this completely updated and charming 2-bedroom, 1-bathroom home nestled in the heart of Salinas. This lovely residence offers 948 sq ft of comfortable living space, perfect for first-time buyers or those looking to downsize. The updated kitchen features sleek quartz countertops, a gas oven range, dishwasher, microwave, and garbage disposal, making it a delight for any home chef. Paint and new laminate flooring throughout makes the home feel fresh. The home boasts tile flooring in the bathroom, which is equipped with a shower and tub combination. Enjoy the cozy ambiance of the living area, which is open to the dining and kitchen making it feel bright and airy. The convenience of inside laundry adds to the home's practicality. This home sits on a spacious 6,000 sqft lot, with a big driveway and a large entry gate to the backyard. This makes it ideal for an entryway to a potential ADU! Don't miss the opportunity to make this delightful Salinas home your own.

129 N Filice ST, Salinas

Listed by Hector Navarro, 831-794-7795 from Remax Property Experts
(If provided) CoList: from

Sold listing courtesy of Ronild Kaldani from 01TERCH

78 Ragsdale CT, Salinas
$430,000
2 Beds ⋅ 1 Baths ⋅ ML82035942 MLS
Near the end of a small, one-way street in Salinas, this Contractor's Special awaits transformation at the hands of an investor or anyone who loves bringing a vision to life. A single-level home offering two bedrooms and one bathroom, it sits steps from a beloved independent flower shop and just minutes from great bakeries, restaurants, local stores, and a community park. Fragrant citrus trees grow along the fence that encloses the front yard, where there is ample room to cultivate vibrant gardens or create a hardscaped sitting area for relaxed outdoor entertaining. A landscape architect would work wonders here, both in the front yard and in the spacious backyard. Fully fenced and private, it represents a genuine blank canvas -- a chance to mold something beautiful out of compelling raw material. The existing home spans just 480 square feet and sits on 4,497 square feet of land, suggesting potential for future expansion, whether through an addition or an ADU. Inside, a generous living room flows seamlessly into an informal dining area, while a galley kitchen occupies its own space at the rear of the home and looks out onto the yard. This is a wonderful home ready for someone with imagination to write the next chapter of its story.

78 Ragsdale CT, Salinas

Listed by The Ruiz Group, 831.261.6468 from Keller Williams Realty
(If provided) CoList: from

Sold listing courtesy of Christian Coronel from DEE2S

166 Kern ST 18, Salinas
$385,500
2 Beds ⋅ 2 Baths ⋅ ML82028721 MLS
Discover the charm of this spacious 2-bedroom, 2-bathroom home located in the heart of Salinas. With 1,073 sq ft of living space, this residence offers a blend of comfort and convenience. The kitchen is designed for efficiency with brand-new stainless-steel appliances, featuring a layout that flows seamlessly into the dining area situated in the living room, ideal for both everyday meals and entertaining guests. Enjoy cozy evenings by the fireplace, enhancing the inviting atmosphere of the living space. Inside, the flooring throughout adds a touch of elegance, while the laundry facilities provide added convenience to your daily routine. This home is part of a community that boasts a shared pool, perfect for relaxation and a community home for recreation. The property falls within the Salinas City Elementary school district. This Salinas residence is a must-see for those seeking a welcoming home with thoughtful amenities.

166 Kern ST 18, Salinas

Listed by Maria Zorrilla, 408-315-3001 from Keller Williams Realty-Silicon Valley
(If provided) CoList: from

Sold listing courtesy of Griselda Gil-Solis from M480

166 Kern ST 26, Salinas
$373,000
2 Beds ⋅ 2 Baths ⋅ ML82036751 MLS ⋅ Sherwood BLDG.
Welcome to this very nice, spacious, and comfortable condo. This can be your next home with soothing water views and high vaulted ceilings. As you walk in through the wide entry way you pass the kitchen and are greeted with high ceilings and lots of natural light making the living and dining area feel bright and airy. The kitchen is nicely upgraded, has plenty of counter space and includes the refrigerator, stove, microwave and dishwasher. Home provides 2 bedrooms and 2 full bathrooms, The primary room has its own private bath and access to the balcony with amazing water views. Home also includes, indoor laundry, a fireplace, laminate flooring and plenty of amenities such as a community pool, tennis court, and clubhouse! Very convenient highway access, food and shopping nearby.

166 Kern ST 26, Salinas

Listed by Hector Navarro, 831-794-7795 from Remax Property Experts
(If provided) CoList: from

Sold listing courtesy of Dulce Ahumada from RLTMR

166 Kern ST 19, Salinas
$339,000
1 Beds ⋅ 2 Baths ⋅ ML82024789 MLS ⋅ Sherwood Lake BLDG.
This unit is currently offered at one of the more attractive price points compared to similar homes, presenting a strong value opportunity for todays buyer! Spacious and bright 1-bedroom, 2-bath condo with 1,073 sq. ft. of living space plus a versatile bonus room, perfect for a home office, or potential second bedroom. This unit is even more desirable as it offers two fenced patios, an uncommon and sought-after feature. One is off the bedroom for a quiet, private retreat, the other is off the bonus room. Inside, enjoy a cozy remodeled fireplace with newer flooring, updated kitchen and bath cabinetry. Included are stove, microwave, dish washer and refrigerator. Indoor washer and dryer hookups as well as ample storage both inside and out, covered carport. Community amenities include a, clubhouse, pool, spa, green open spaces, and a scenic lake with catch-and-release fishing. This condo combines comfort, convenience, and charm all at a price that's hard to find today.

166 Kern ST 19, Salinas

Listed by Ralph Martinez, 831-214-9444 from Remax Property Experts
(If provided) CoList: from

Sold listing courtesy of Mary Ann Osorio from RLTMR

150 Kern ST 30, Salinas
$295,000
3 Beds ⋅ 2 Baths ⋅ ML82045156 MLS ⋅ Sherwood Lake Mobile Home Park BLDG.
55 and older park~Step inside and prepare to forget everything you think you know about manufactured homes. Soaring vaulted ceilings, wide sun-drenched hallways and generously sized rooms create an atmosphere that feels unmistakably like a custom-built home because in every way that matters, it is.This stunning 2006-built 3BD/2BA spans over 1,600 sq ft of thoughtfully designed living space. The chef's kitchen stuns with a large island, dual cooktops, brand-new white quartz countertops and rich cabinetry. A separate dining room, cozy fireplace with mantle, and an expansive living room with built-in cabinetry make entertaining effortless. The primary suite is a true retreat with a walk-in closet space so spacious you might have to plan a shopping trip plus a beautifully updated en suite bath with a walk-in shower. Accessibility features throughout add comfort and peace of mind. Outside, a wraparound private yard, storage shed, and electric chair lift complete this turn-key package. All within the coveted, resident-owned 55+ Sherwood Lake Park, with a private lake, pool, clubhouse and vibrant community amenities just steps away, and freeway access for everything else. Must be seen to be believed.

150 Kern ST 30, Salinas

Listed by Daniel Alvarez, 831-818-4181 from David Lyng Real Estate
(If provided) CoList: Janika Mohan from David Lyng Real Estate

Sold listing courtesy of Octavio Perez from W2366

150 Kern ST 96, Salinas
$185,500
2 Beds ⋅ 2 Baths ⋅ ML82048031 MLS ⋅ Sherwood Lake BLDG.
Move in Ready! New carpet & Linoleum with fresh paint, appliances, & window blinds. This 2 bedrooms with 2 baths home has vaulted ceilings and cozy fireplace. Kitchen is open to dining and living room, easy for conversation while cooking. Kitchen has a new stove & hood, new dishwasher and comes with a refrigerator and newer washer and dryer. New 2 inch wood blinds throughout & and new living room fan. New bathroom sinks & faucets. 2 car carport and storage shed. Primary bedroom is spacious and has 2 good sized closets. This home is in MOVE IN CONDITION! Sherwood Lake is a 55+ park that has many amenities that its residents get to enjoy. This well maintained park has it all. Scheduled activities, tennis courts, pool & hot tub, clubhouse, car wash area, & a pond with 2 fountains to sit by for those quiet moments. This is a great opportunity to add your personal touches and make this home your own.

150 Kern ST 96, Salinas

Listed by Marsa Hansen, 831-917-3335 from Agency One Real Estate
(If provided) CoList: from

Sold listing courtesy of Marsa Hansen from AGENC

150 Kern ST 33, Salinas
$169,500
2 Beds ⋅ 2 Baths ⋅ ML82054012 MLS ⋅ Sherwood Lake Mobile Home Park BLDG.
Welcome to this spacious double-wide mobile home! Offering 2 bedrooms, 2 full bathrooms, and approximately 1,440 sq. ft., this home features high ceilings, charming built-ins, a large kitchen, and generous living and dining areas. Located toward the back of the park, the home enjoys beautiful views of neighboring agricultural fields and rolling hillsides. A covered sunroom provides additional usable space not included in the square footage, while two storage sheds offer plenty of room for tools, hobbies, and seasonal items. Community amenities include a clubhouse, pool, jacuzzi, common areas, and a beautiful central lake, perfect for relaxing evening walks. Centrally located in Salinas with convenient Highway 101 access and approximately 2530 minutes from the Monterey Peninsula. This one won't last long!

150 Kern ST 33, Salinas

Listed by Cristina Cervantes Garcia, 831-455-5077 from BHGRE Haven Properties
(If provided) CoList: from

Sold listing courtesy of Tammy Creel from HC44P

150 Kern ST 114, Salinas
$140,000
2 Beds ⋅ 2 Baths ⋅ ML82033388 MLS ⋅ Sherwood Lake BLDG.
Welcome to Sherwood Lake, a desirable 55+ mobile home community offering resort-style living. This inviting two-bedroom, two-bathroom home features two storage sheds and is nestled within a park known for its exceptional amenities and peaceful setting. Residents enjoy access to a beautifully stocked lake perfect for relaxing days of fishing (catch-and-release guidelines apply). Community amenities abound and include a swimming pool with a separate hot tub, fireside living room, library and game room with pool tables, and a fully equipped indoor exercise room featuring a treadmill, rowing machine, weight machine, and stationary bike. Outdoor amenities include shuffleboard, horseshoe pits, a dog park, RV storage/parking, a designated car wash area, tennis court, basketball court and convenient on-site laundry facilities. Sherwood Lake offers an active yet serene lifestyle where comfort, community, and recreation come together beautifully.

150 Kern ST 114, Salinas

Listed by Heidi Daniels, 831-601-6582 from Coast & Valley Properties, Inc.
(If provided) CoList: from

Sold listing courtesy of Paul Aguilar from KWCE

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