Property profile

991 Madeira Ave Salinas, CA 93905

OFF-MARKET
Apartment buildings
Property ID
US09-3330047
2.24 ac lot
Entity Owned 1-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (100+ UNITS)
Lot 2.24 ac (97,742 SF)
APN 004-601-041-000
UPID US09-3330047

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

991 Madeira Ave Salinas, CA 93905-2226
Salinas metro Census 502 SALINAS, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$8.41M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$10.70M

Owner & transaction history

since 2025
Last sale
$11.2M
7 recorded transactions
2025
$11.2M
2023
Price N/A
2023
$10.5M
2022
Price N/A
2008
Price N/A
2002
Price N/A
2002
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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