Apartment Building

Salinas, CA Apartment Buildings for Sale

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Marina, CA Castroville, CA Prunedale, CA Seaside, CA Carmel Valley, CA Monterey, CA Sand City, CA Chualar, CA
Three-Building Multifamily Apartment Complex
Updated: May 29
Three-Building Multifamily Apartment Complex

83 Castro Street, Salinas, CA 93906

Contact for pricing
12,457 sqft
Three‑building apartment complex built in 1983 with 16 two‑bedroom, one‑bath units
Most units include a private deck or enclosed patio
Recent exterior upgrades: wood siding replaced in last 3 years and exterior repainted
Window replacement: new Jeld‑Wen vinyl windows in all units
Unit remodels include new bathroom fixtures, bathroom fans, kitchens, lighting, and flooring
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11-Unit Rental Multifamily Property
Updated: May 1
11-Unit Rental Multifamily Property

1200 W Mark, Salinas, CA 93907

$1,995,000
11‑unit multifamily rental building at 1200 W Market Street in Salinas
Year built: 1914
Large lot with outdoor space and ample storage
No pool
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Six-Story Mixed-Use Income Property
Six-Story Mixed-Use Income Property

301 Main Street, Salinas, CA 93901

$12,500,000

Six-story downtown building with leased ground-floor restaurant and residential studio apartments converted from office space.

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 3 Active listings in Salinas, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 69 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Mixed-Use Income Property with New Roof
Mixed-Use Income Property with New Roof

80 Porter Drive A, Watsonville, CA 95076

$3,100,000
11,867 sqft

Income-producing mixed-use building with residential units above long-term commercial tenants and a new 30-year roof.

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Remodeled 5-Unit Apartment Complex
Remodeled 5-Unit Apartment Complex

236 Locust Street, Watsonville, CA 95076

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2,300 sqft

Five-unit complex features four one-bedroom units plus a studio, with 2017 remodels and recent asphalt improvements.

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Wood-Frame 8-Unit Apartment Building
Wood-Frame 8-Unit Apartment Building

675 Jefferson St, Monterey, CA 93940

Contact for pricing

An eight-unit wood-frame apartment property built in 1981 with a 2-bedroom and 1-bedroom unit mix.

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Apartment Complex with Ocean Views
Apartment Complex with Ocean Views

800 Lyndon St, Monterey, CA 93940

Contact for pricing

Well-maintained apartment complex in Monterey with ocean views and units updated in 2019.

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Off-Market Properties in Salinas, CA

Consider similar Off-Market properties in Salinas, CA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

316 Williams Rd
APARTMENT HOUSE (5+ UNITS)

316 Williams Rd, Salinas, CA 93905-2967

$565,000
Estimated value
2,479 sqft 0.18 AC lot
View details
75 Hebbron Ave
APARTMENT HOUSE (100+ UNITS)

75 Hebbron Ave, Salinas, CA 93905-2654

$3,245,000
Estimated value
14,328 sqft 0.46 AC lot
View details
51 Maple St
APARTMENT HOUSE (5+ UNITS)

51 Maple St, Salinas, CA 93901-3250

$1,480,000
Estimated value
7,321 sqft 0.29 AC lot
View details
109 Pne St
APARTMENT HOUSE (5+ UNITS)

109 Pne St, Salinas, CA 93901-3248

$1,445,000
Estimated value
3,850 sqft 0.22 AC lot
View details
1020 Del Monte Ave
APARTMENT HOUSE (100+ UNITS)

1020 Del Monte Ave, Salinas, CA 93905-1556

$2,035,000
Estimated value
14,858 sqft 0.62 AC lot
View details
1112 Del Monte Ave
APARTMENT HOUSE (100+ UNITS)

1112 Del Monte Ave, Salinas, CA 93905-1557

$4,515,000
Estimated value
22,080 sqft 2.88 AC lot
View details
989 Acosta Plz
APARTMENT HOUSE (100+ UNITS)

989 Acosta Plz, Salinas, CA 93905-1351

$1,630,000
Estimated value
6,504 sqft 0.71 AC lot
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623 Palma Dr, Unit 29
APARTMENT HOUSE (100+ UNITS)

623 Palma Dr, Salinas, CA 93901-1531

Unit 29
$1,580,000
Estimated value
14,548 sqft 0.52 AC lot
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991 Madeira Ave
APARTMENT HOUSE (100+ UNITS)

991 Madeira Ave, Salinas, CA 93905-2226

$10,695,000
Estimated value
2.24 AC lot
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501 Grn St
APARTMENT HOUSE (5+ UNITS)

501 Grn St, Salinas, CA 93905-1403

$1,240,000
Estimated value
2,837 sqft 0.15 AC lot
View details
1058 Laurel Dr
APARTMENT HOUSE (100+ UNITS)

1058 Laurel Dr, Salinas, CA 93905-1356

$2,025,000
Estimated value
13,842 sqft 0.32 AC lot
View details
335 Soledad St
APARTMENT HOUSE (5+ UNITS)

335 Soledad St, Salinas, CA 93901-3569

$1,480,000
Estimated value
5,914 sqft 0.22 AC lot
View details
57 San Miguel Ave
APARTMENT HOUSE (100+ UNITS)

57 San Miguel Ave, Salinas, CA 93901-3051

$1,450,000
Estimated value
13,759 sqft 0.85 AC lot
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665 Palma Dr
APARTMENT HOUSE (5+ UNITS)

665 Palma Dr, Salinas, CA 93901-1540

$670,000
Estimated value
10,182 sqft 0.40 AC lot
View details
551 San Benito St
APARTMENT HOUSE (5+ UNITS)

551 San Benito St, Salinas, CA 93905-2550

$955,000
Estimated value
3,955 sqft 0.17 AC lot
View details
313 Main St
APARTMENT HOUSE (5+ UNITS)

313 Main St, Salinas, CA 93901-2893

$75,000
Estimated value
2,480 sqft 0.22 AC lot
View details
61 Clark St
APARTMENT HOUSE (100+ UNITS)

61 Clark St, Salinas, CA 93901-1441

$975,000
Estimated value
9,216 sqft 1.47 AC lot
View details
945 Del Monte Ave
APARTMENT HOUSE (5+ UNITS)

945 Del Monte Ave, Salinas, CA 93905-1179

$960,000
Estimated value
1,860 sqft 0.44 AC lot
View details
117 John St
APARTMENT HOUSE (5+ UNITS)

117 John St, Salinas, CA 93901-3340

$1,765,000
Estimated value
6,292 sqft 0.18 AC lot
View details
1030 Sanborn Rd
APARTMENT HOUSE (100+ UNITS)

1030 Sanborn Rd, Salinas, CA 93905

$570,000
Estimated value
5,312 sqft 0.45 AC lot
View details
133 Carr Ave
APARTMENT HOUSE (5+ UNITS)

133 Carr Ave, Salinas, CA 93905-2000

$355,000
Estimated value
5,827 sqft 0.22 AC lot
View details

Salinas, CA Apartment Buildings Market Trends and Statistics

Explore 72 apartment buildings for sale in Salinas, CA, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 12,457 square feet of properties for sale, with an estimated market value of $14,495,000.

Sale prices for two-family homes in Salinas, CA start at $1,995,000, averaging $7,247,500, and reaching up to $12,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 196K
Population Growth (5Y) +5.0%
Median Household Income $93,977
College Educated 27.4%

High-Yield Neighborhoods for Investment

Identify Salinas submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
93905 $995K
93907 $2M
93906 $2.4M
93901 $9.5M

Taxes & Financing

Tax Rate (average for all types) 1.08%
Property Tax per SF $25.66 per SF
Tax Rate vs County Average 0.05 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Monterey County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Salinas fall within the 5,000 to 10,000 square foot range.

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