1200 W Market Circle, Salinas, CA, CA 93901
- $1,995,000
- List Price
- $1,995,000
- Price Change
- ▼ $305,000 1780524490
- Status
- ACTIVE
- MLS#
- ML82046180
- County
- Monterey
- Zoning
- HDR 8
- Year Built
- 1914
- Square Feet
- 5,853
- Lot Size (acres)
- 0.13440000000000002
- Days on Market
- 83
- Property Type
- Commercial
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.
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Additional Information
- Taxes
- $24,494
- Parcel Number
- 207011020000
- Gross Scheduled Income
- $195,468
- Heat
- Electric, Wall Furnace
- Cooling
- Yes
- Cooling Description
- None
- Roof
- Composition
- Parking Spaces
- 20
- Water
- Well
- School District
- Other
Listing courtesy of Listing Agent: The C Group (team@realcgroup.com) from Listing Office: Real Brokerage Technologies.
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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.