14-Unit Apartment
For Sale
Contact for pricing
Pending
1155 E Laurel Dr, Salinas, CA 93905
Multifamily property with uniform two-bedroom layouts, substantial renovations, and dedicated off-street parking.
Property SizeContact for details
Days on Market129
Property Features for 1155 E Laurel Dr
General Information
Standard status
Pending
Total Parking Spaces
18
Property subtype
Multifamily
Units
Unit Mix
14 x 2BR/1BA
Multifamily Units
14
Additional Details
Average Monthly Rent
$2,100
Listing Agency:
Albers Real Estate
(831) 372-1922
Listed By:
Hap Albers · License #CA 01006595
Source:
Crexi
Added: Apr 24
Changed: Aug 29
Last Checked: Aug 29 at 6:17PM
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 Albers Real Estate
Investment Insights
Based on property information with market context.
This 14-unit apartment building at 1155 E Laurel Dr in Salinas features a consistent unit mix of two-bedroom, one-bathroom residences. Twelve units have been remodeled with updated kitchens, appliances, flooring, and bathrooms. The property also includes 18 off-street parking spaces.
Capital improvements include a new asphalt composition roof installed in 2018, exterior painting completed the same year, catwalk repairs, stainless steel stairs and handrails, security lighting, replacement of the main electrical panel, and individual water shutoff valves for each unit. These upgrades address major building components and improve the property's physical infrastructure.
Capital improvements include a new asphalt composition roof installed in 2018, exterior painting completed the same year, catwalk repairs, stainless steel stairs and handrails, security lighting, replacement of the main electrical panel, and individual water shutoff valves for each unit. These upgrades address major building components and improve the property's physical infrastructure.
Key Highlights
- 14‑unit apartment building with all two‑bedroom, one‑bathroom units
- 12 remodeled units with new kitchens, appliances, flooring, and bathrooms
- New asphalt composition roof and exterior painting completed in 2018
Property Analytics
Property Profile
Current Use
Lease Details
14
Residential units
Location Intelligence
Trade Area within ½ mile
563
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
Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Apartment building - Multifamily property with uniform two-bedroom layouts, substantial renovations, and dedicated off-street parking.
Where is this apartment building located?
The property is located at 1155 E Laurel Dr Salinas, CA.
What are key features of this property?
This property features: 14‑unit apartment building with all two‑bedroom, one‑bathroom units; 12 remodeled units with new kitchens, appliances, flooring, and bathrooms; New asphalt composition roof and exterior painting completed in 2018
