- $3.4M Price
- .3 Acres
- 5 DOM
330 Soledad Street
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.
Essential Information
- MLS® #ML82040391
- Price$3,350,000
- Bathrooms0.00
- Acres0.30
- Year Built1977
- TypeCommercial Sale
- StatusActive
Community Information
- Address330 Soledad Street
- Area699 - Not Defined
- CitySalinas
- CountyMonterey
- Zip Code93901
Amenities
- Parking Spaces4
Interior
- HeatingElectric
- CoolingNone
Exterior
- RoofComposition
School Information
- DistrictOther
Additional Information
- Date ListedMarch 26th, 2026
- Days on Market5
- ZoningR-M-2.9
Listing Details
- AgentMike Handley
- OfficeTown'N Country Realty
Mike Handley, Town'N Country Realty.
Based on information from California Regional Multiple Listing Service, Inc. as of March 31st, 2026 at 4:30am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.