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.
For sale
$3,350,000
Soledad St, Salinas, CA 93901
2beds
1baths
8,960sqft
Est.:
Five Or More Units, Residential Income
Built in 1977
-- sqft lot
$3,231,700 Zestimate®
$374/sqft
$-- HOA
What's special
- 7 days |
- 324 |
- 5 |
Zillow last checked: 7 hours ago
Listing updated: March 26, 2026 at 05:32am
Listed by:
Mike Handley 01280498 831-262-2400,
Town'N Country Realty 831-424-0001
Source: MLSListings Inc,MLS#: ML82040391
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
Heating
- Electric, Other
Cooling
- None
Appliances
- Laundry: None
Features
- Doors: None
Interior area
- Total structure area: 8,960
- Total interior livable area: 8,960 sqft
Property
Parking
- Total spaces: 4
- Parking features: Assigned, Carport, Covered
- Has carport: Yes
Accessibility
- Accessibility features: None
Lot
- Size: 0.3 Acres
Details
- Parcel number: 002223008000
- Zoning: R-M-2.9
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Five Or More Units, Residential Income
Materials
- Foundation: Concrete Perimeter and Slab
- Roof: Composition
Condition
- Year built: 1977
Utilities & green energy
- Gas: PublicUtilities
- Water: Public
- Utilities for property: Public Utilities, Water Public
Community & HOA
Location
- Region: Salinas
Financial & listing details
- Price per square foot: $374/sqft
- Date on market: 3/26/2026
- Listing agreement: ExclusiveRightToSell
- Listing terms: CashorConventionalLoan
- Lease term: Month To Month
Estimated market value
$3,231,700
$3.07M - $3.39M
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/26/2026 | Listed for sale | $3,350,000$374/sqft |
Source:  MLSListings Inc #ML82040391 Report a problem | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Est. payment
$19,707/mo
Principal & interest
$16636
Property taxes
$3071
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Climate risks
Neighborhood: Downtown
Nearby schools
GreatSchools rating
- 4/10Roosevelt Elementary SchoolGrades: K-6Distance: 0.5 mi
- 4/10Washington Middle SchoolGrades: 7-8Distance: 0.9 mi
- 7/10Salinas High SchoolGrades: 9-12Distance: 0.7 mi
Schools provided by the listing agent
- District: SalinasCityElementary
Source: MLSListings Inc. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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