119 Carr Avenue, Salinas, CA, CA 93905
- $950,000
- 2,050
- SqFt
- List Price
- $950,000
- Closing Date
- Aug 14, 2026
- Status
- ACTIVE UNDER CONTRACT
- MLS#
- ML82037604
- County
- Monterey
- Year Built
- 1941
- Building Square Feet
- 2,050
- Square Feet
- 7,500
- Days on Market
- 80
- Property Type
- Multifamily
- Style
- Bungalow, Mediterranean
Property Description
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.
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Additional Information
- Taxes
- $2,034
- Parcel Number
- 004023002
- Gross Scheduled Income
- $74,052
- Number of Buildings
- 4
- Lot Features
- Level
- Heat
- Wall Furnace
- Cooling
- Yes
- Roof
- Bituthene, Composition
- Garage Spaces Total
- 1
- Sewer
- Public Sewer
- Water
- Public
- School District
- Other
Listing courtesy of Listing Agent: Mark Cohan (mark.cohan@compass.com) from Listing Office: Compass.
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Based on information from California Regional Multiple Listing Service, Inc. as of . 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.