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11-Unit Rental Multifamily Property
For Sale
$1,995,000

1200 MARK ST, Salinas, CA 93907

Multifamily rental building with 11 units on a large lot, offering outdoor space and storage.

Property SizeContact for details
Days on Market114

Property Features for 1200 MARK ST

General Information

Standard status Active
Property subtype Multi-Family

Additional Details

Multifamily Units 11

Amenities

3

Building Details

Year Built 1914
Listing Agency:
Listed By: Real Brokerage Technologies
Source: Xome
Added: May 1 Changed: Aug 15 Last Checked: Aug 22 at 4:28AM

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 Real Brokerage Technologies

Investment Insights

Based on property information with market context.

This 11-unit rental multifamily property is located on a large lot and includes generous outdoor space intended to support tenant needs and day-to-day operations. The site also provides ample storage and flexibility for how the property can be used and maintained.

The building is positioned in a convenient Salinas area, with access to shopping, employment centers, dining, services, and commuter routes.

The spacious lot and layout provide room for buyers to evaluate possible expansion and other development ideas; the seller notes that development potential, unit count, rents, zoning, and all property details should be verified by the buyer.

Key Highlights

  • 11‑unit multifamily rental building at 1200 W Market Street in Salinas
  • Year built: 1914
  • Large lot with outdoor space and ample storage

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Parking Lot & Garage HVAC Service (Bike/Boat/Book/etc) Store Tattoo & Piercing Shop Tanning Salon Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

11
Residential units

Location Intelligence

Trade Area within ½ mile

2,352
Businesses Nearby

Demographics for 93907, CA

23,315
Population
7,659
Households
3
Avg Household Size
39
Median Age
22%
College-Educated
74%
High-School Grad
54.5 sq mi
ZIP Area
428
Density / Sq Mi
$103,268
Median Household Income
$38,199
Median Earnings
$2,122
Median Rent
$676,700
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Multifamily rental building with 11 units on a large lot, offering outdoor space and storage.
Where is this apartment building located?
The property is located at 1200 MARK ST Salinas, CA.
What is the asking price?
The asking price for this property is $1,995,000.
What are key features of this property?
This property features: 11‑unit multifamily rental building at 1200 W Market Street in Salinas; Year built: 1914; Large lot with outdoor space and ample storage
More about this property
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