$1,495,000
FOR SALEActive157 Central Avenue
Salinas CA 93901
3,441
SF
Commercial
Type
1934
Built
$434/SF
Cost/SF
Listing Agent
Josh Jones
DRE #: 01352818
Brokerage: Josh Jones, Broker
Location Analysis
About This Property
157 Central Ave is an 8-unit apartment complex located in Downtown Salinas, adjacent to Hartnell College and Monterey County government offices. The property consists of six studio apartments within the two-story main building, along with two detached units: one one-bedroom/ one-bath unit and one three-bedroom/one-bath unit. The property has historically experienced very low tenant turnover, providing a stable and consistent rental history. The one-bedroom/one-bath unit can be delivered vacant at closing, offering an owner-user the opportunity to occupy the unit or an investor the flexibility to lease it at market rates.
Property Information
Property Overview
Commercial
Property Type
Active
Status
CO
Zoning
0.1542 acres
Lot Size
3,441 SF
Square Footage
$434.47/SF
Price per SF
$16,744
Annual Tax
1,934
Year Built
3
Parking Total
0.87
Parking Ratio
Property Highlights
N/A Property
Prime Location with High Visibility
Location Analysis
Building Details
Zoning & Use
Parking & Access
Utilities & Systems
Investment Metrics
Data not available.
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Closed commercial sales reported, newest first.
CRMLS
MLS# ML82060994
Listed:
Nalren refreshed:
Last updated
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Listed by: Baird Partnership, Inc.
Equal Housing Opportunity
Advertising Broker: Nalren Corp (CA DRE #02423715)
Licensed in the state of California
Nalren Corp (CA DRE #02423715) is the Advertising Broker for this IDX display. We are not the listing broker for this property. The listing broker/agent information is shown above. Contact the listing agent for inquiries.