1200 W Market CIR, Salinas, CA 93901
- $1,995,000
- 5,853
- SqFt
Listed by The C Group, 831-601-8936 from Real Brokerage Technologies
(If provided) CoList: Kyle Murphy from Real Brokerage Technologies
- List Price
- $1,995,000
- Price Change
- ▼ $305,000 1780523465
- MLS#
- ML82046180
- Status
- ACTIVE
- Sqft. of Residence
- 5,853
- Lot Size
- 5,853
- Listing Area
- Ss
- Year Built
- 1914
Property Description
Rare 11-unit rental property on a large lot in a convenient Salinas location. 1200 W Market Street offers a strong income-producing opportunity with a fantastic rent roll, steady renter pool, and close proximity to shopping, employment centers, dining, services, and commuter routes. The spacious lot provides ample storage, generous outdoor space, and flexibility for future value-add opportunities. With room for possible expansion and an ideal layout to explore additional development, this property presents meaningful upside potential for investors seeking both current income and long-term growth. A well-positioned multifamily asset in one of Salinas most accessible areas, offering scale, location, and future possibilities. Buyer to verify development potential, unit count, rents, zoning, and all property details.
Additional Information
- Acres
- 1.07
- Cooling System
- None
- Foundation
- Concrete Perimeter
- Garage Parking
- Common Parking Area, Detached Garage, Off-Street Parking
- Heating System
- Electric, Wall Furnace, Other
- Living Area
- 5,853
- Lot Size
- 5,853
- Neighborhood
- Ss
- Other Utilities
- Individual Electric Meters, Individual Gas Meters
- Roof
- Composition
- Sewer
- Septic Connected
- Unincorporated Yn
- Yes
- Zoning
- HDR 8
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