1200 W Market CIR, Salinas, CA 93901

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List Price
$1,995,000
MLS#
ML82046180
Status
ACTIVE
Property Type
com
Sqft. of Residence
5,853
Lot Size
1.07
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
Age
112
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
County
Monterey
Neighborhood
Ss
Other Utilities
Individual Electric Meters, Individual Gas Meters
Roof
Composition
Sewer
Septic Connected
Special Features
Other
Total Number Of Units
11
Unincorporated Yn
Yes
Zoning
HDR 8

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of The C Group from Real Brokerage Technologies. 831-601-8936

board logoBased on information from MLSListings MLS as of All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.


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