782 Kilbreth Avenue, Salinas, CA 93905

About this fourplex

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.

Sale history

$750,000

Sold April 2026 · listed $688,800, on market March 2026 · MLS #ML82040252 · Source: CRMLS

Listing Agent: Ferreira-Kunz Group · Listing Office: Intero Real Estate Services · Contact: (831) 637-2112 · Bought with: Regina Shaw · Intero Real Estate Services

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