Under Contract

119 Carr Avenue

Salinas, CA 93905

$950,000 $4,005/Mo

Get Pre-Approved Check your credit

Overview

Bed

Bath

2,050

Sqft

7,500

Sqft(Lot)

Description

This property is a unique investment opportunity in the heart of Salinas! This one-of-a-kind 4-unit multi-family property features four separate units, each offering privacy and character that tenants love. With a mix of long-term, stable tenants, this property provides immediate income potential while still offering room for growth. The seller completed select renovations during the pandemic, blending modern updates with the property's original charm. This property has easy access to shopping and dining. It is perfect for investors looking to expand their portfolio or an owner-occupant seeking rental income. The city says converting the garage to a 5th unit is possible, Buyers to verify with the city. Key Features: Four individual cottages No shared walls, offering privacy for tenants R ecent updates completed during the pandemic Great potential for value appreciation in a growing rental market Don't miss this rare opportunity to own a charming and income-generating property in Salinas.

Property Details

Property Type : Residential Income

Price : $950,000

AD Id : 76168473

MLS Id : ML82037604

Beds : 5

Lot Size : 7,500 Sqft

Living Area Size : 2,050

Year Built : 1941

Garage : 1

County : Monterey

Map

What's Nearby

Nearby Areas

Features

Bathroom Information

Total Baths: 0

Water/Sewer

Water Source: Public Sewer: Public Sewer
Interior Features

Roof: Bituthene,Composition Flooring: Carpet,Laminate,Tile
Cooling Features

None Air Conditioning

Heating Source

Wall Furnace Has Heating

Building Information

Year Built: 1941 Building Area Total: 2,050 Roof: Bituthene,Composition
Accessibility Features

None

Lot Details

Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1722
Lot Size Source: Assessor Lot Size Square Feet: 7500

Listing Price Information

Original List Price: 950,000 Listing Contract Date: 2026-03-15
Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 004023002 Annual Tax: 2034

Garage and Parking

Garage Description: Off Street

Homeowners Association

Other Property Info

Source Listing Status: Active Under Contract Source Neighborhood: 699 - Not Defined Directions: Cross Street: East Market St Zoning: R-L-5.5 Source Property Type: Residential Income Area: 699 - Not Defined Property SubType: Quadruplex
Building and Construction

Property Age: 85 Structure Type: Quadruplex Year Built Source: Assessor Total Square Feet Living: 2050

Sell a home like this and save $56,501 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Loading, please wait...

Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
1413 Wiren Street, Salinas, CA, 93905	$749,000	3	--	1,446	1,446 SqFt
615 Terrace Street, Salinas, CA, 93905	$725,000	5	--	1,607	1,607 SqFt

Similar Multifamily To 119 Carr Avenue

Nearby For Sale

Active

$849,000

Multifamily For Sale

612 Central Avenue,
Salinas, CA, 93901

Bed

Sqft

Sqft(Lot)

606 Central Avenue,
Salinas, CA, 93901

Bed

Sqft

Sqft(Lot)

119 Carr Avenue,
Salinas, CA, 93905

Bed

Sqft

Sqft(Lot)

615 Terrace Street,
Salinas, CA, 93905

Bed

Sqft

Sqft(Lot)

1413 Wiren Street,
Salinas, CA, 93905

Bed

1,446

Sqft

7,200

Sqft(Lot)

Copyright © 2026 by the Multiple Listing Service of the California Regional MLS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the California Regional MLS®. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.

ByOwner last updated this listing 06/14/2026 @ 20:50

MLS: ML82037604 LISTED BY: Mark Cohan, Compass 831-318-0150 SOURCE: CRMLS