Fourplex
Listing Agent: Ferreira-Kunz Group (DRE #70010176) · Listing Office: Intero Real Estate Services · Contact: (831) 637-2112 · Bought with: Regina Shaw · Intero Real Estate Services · MLS #ML82040252 · Source: CRMLS
782 Kilbreth Avenue sold for $750,000 in April 2026, 8.9% over its $688,800 list price, after 5 days on the market. That works out to $374 per square foot on 2,006 square feet. Across 42 closed sales in 93905 over the last 12 months, the median sold price is $690,000 and the median is $486 per square foot, 30% above this sale's $374.
| Quarter | Closed sales in 93905 | Median sold price |
|---|---|---|
| Q1 2026 | 3 | $750,000 |
| Q2 2026 | 18 | $675,000 |
| Q3 2026 | 18 | $690,000 |
| Q4 2026 | 3 | $635,000 |
Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Salinas · Homes for sale in 93905
Opportunities like this are becoming increasingly difficult to find an affordable four-unit investment in Salinas that offers both immediate stability and meaningful upside. Set on a generous lot of just over 10,000 square feet, this property is comprised of four detached units, creating a more private and livable environment that tenants appreciate and tend to stay in. The unit mix includes three one-bedroom, one-bath units and one two-bedroom, one-bath unit, providing flexibility and consistent rental appeal. The property is currently occupied by long-term tenants, offering an investor the benefit of immediate income from day one, while the below-market rental profile presents a clear path for future growth over time. Recent improvements, new exterior paint, new front doors & new roofs installed July of 2025 & updated electrical panels, add to the overall functionality and help minimize near-term capital expenses. What truly sets this property apart is the combination of layout, lot size, and entry price an increasingly rare opportunity to acquire a multi-unit asset with both stability today and the potential to enhance performance in the future. Offered at $688,800, this is a compelling option for investors looking to secure a foothold in the Salinas market with room to grow.
Listing description from the April 2026 sale, as reported to CRMLS.
Closed sales reported in 93905, nearest first, last 12 months. All recent sales in Salinas →