Duplex with Two
For Sale
$299,000
Pending
105 Orchard Ave, Salinas, CA 93905
The property combines a two-bedroom home with a separate one-bedroom unit, which is occupied month-to-month.
Property Size1,445 SF
Lot Size0.17 Acres
Days on Market17
Property Features for 105 Orchard Ave
General Information
Standard status
Pending
Size
1,445 SF
Lot size
0.17 Acres
Property subtype
Residential Income
Zoning
R-M-2.9
Property Condition
Severity
Major Repairs Needed
Evidence
extensive top-to-bottom rehabilitation
Units
Unit Mix
1 x 2BD/1BA, 1 x 1BD/1BA
Multifamily Units
2
Building Details
Buildings
2
Listing Agency:
eXp Realty of California Inc
Listed By:
Eddie Guajardo · License #02056453
(831) 206-2335
Source:
Exprealty
Added: Sep 21
Changed: Oct 2
Last Checked: Oct 5 at 11:57PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty of California Inc
Investment Insights
Based on property information with market context.
This duplex property in Salinas includes a 2-bedroom, 1-bathroom main residence and a separate 1-bedroom, 1-bathroom unit. The second unit is occupied under a month-to-month arrangement. Both structures require substantial rehabilitation, including work to structural, electrical, plumbing, and finish components. The sale is as-is, with no seller repairs or warranties.
The 7,300-square-foot parcel is zoned R-M-2.9. The property is near schools and shopping. Buyers should verify building area, permits, unit status, and the condition of the structures and systems.
The 7,300-square-foot parcel is zoned R-M-2.9. The property is near schools and shopping. Buyers should verify building area, permits, unit status, and the condition of the structures and systems.
Key Highlights
- 7,300‑square‑foot parcel zoned R‑M‑2.9
- Main residence has 2 bedrooms and 1 bathroom
- Separate unit has 1 bedroom and 1 bathroom; occupied month‑to‑month
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,239
Cap Rate
8.44%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$504,780
$504.8K
Cap Rate 7%
$360,557
$360.6K
Cap Rate 9%
$280,433
$280.4K
Market Conditions
NOI Build-Up for 1,445 SF
Gross rent
$36.9K $25.56/SF
− Vacancy
−$879 −$0.61/SF
EGI
$36.1K $24.95/SF
− OpEx
−$10.8K −$7.49/SF
NOI
$25.2K $17.47/SF
Area
Salinas, CA
Vacancy
2.38%
Lease Rate
$25.56 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$504,780
Cap Rate 7%
$360,557
Cap Rate 9%
$280,433
Alternative Uses
Best Use
Multifamily LT 5
$360.6K
$315.5K – $420.7K
NOI $25,239 @ 7.0% cap · market cap 8.44%
Second Best
Apartment 5plus
$332.1K
$290.6K – $387.4K
NOI $23,246 @ 7.0% cap · market cap 7.77%
Theoretical Best
Office A
$455.0K
$398.1K – $530.8K
NOI $31,850 @ 7.0% cap · market cap 10.65%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
355
Businesses Nearby
Explore this area
Business Placement
Demographics for 93905, CA
64,209
Population
14,534
Households
4.4
Avg Household Size
29
Median Age
7%
College-Educated
45%
High-School Grad
9.2 sq mi
ZIP Area
6,979
Density / Sq Mi
$75,716
Median Household Income
$30,715
Median Earnings
$1,799
Median Rent
$570,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Duplex - The property combines a two-bedroom home with a separate one-bedroom unit, which is occupied month-to-month.
Where is this duplex located?
The property is located at 105 Orchard Ave Salinas, CA.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: 7,300‑square‑foot parcel zoned R‑M‑2.9; Main residence has 2 bedrooms and 1 bathroom; Separate unit has 1 bedroom and 1 bathroom; occupied month‑to‑month
