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$2,850,000
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Property Description
OPEN HOUSE TOUR THURS FEB 20TH FROM 11A-1P TO VIEW THE INTERIOR OF THE UNITS. This is a rare opportunity to acquire a 10-unit multi-family property spread across six buildings, featuring a desirable mix of three-bedroom and two-bedroom units in a high-demand rental market. The owner has renovated units as they have turned over and purposefully left 3 units vacant for the new owner to fill at market rate rents. This well-maintained asset offers a steady income stream, with room for rental growth and operational efficiencies. Diverse Unit Mix: (4) Three-bedroom units & (5) Two bedroom units, (1) large one-bedroom unit Strong Occupancy: High tenant retention with consistent rental demand Expansion & Value-Add Potential: Opportunity to increase rents through renovations, or redevelopment Prime Location: Located just off Highway 1 and situated near major employers, transportation, and amenities Stabilized & Income-Producing: Immediate cash flow with upside potential
Full Property Details
Full Property Details for 904 Salinas Rd
General
- Sold For: $2,850,000
- Status: Closed
- Type: Commercial Residential Facility
- Source: RE_Infolink
- MLS ID: ML81994165
- Added to Site: 371 day(s) ago
Additional Information
- Security/Safety: None
Parking
- Parking Features: Carport , Common Parking Area
Location
- Area: Hall Road, Las Lomas, Aromas
- County: Monterey
Heating & Cooling
- Cooling Type: None
Utilities
- Sewer: Existing Septic System
- Water: Public
- Utility Description: Individual Electric Meters, Individual Gas Meters
- Metering: Separate Electric, Separate Gas, Separate Water
Structural Information
- Foundation: Pillars / Posts / Piers
- Roof: Composition
- Disability Access: Parking
- Square Feet: 8,098
- Year Built: 1968
Lot Features
- Property View: Hills
- Lot Size (Acres): 3.9487
- Minimum Lot Size: 172004
- Building Sites: 6
- Zoning: RC
Disclosures and Reports
- Restrictions: Pets Not Allowed
Listed by Baird Partnership, Inc., James Kendall
Sold by W2140, Raeid Farhat
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Schools
Schools serving 904 Salinas Rd
School District:Pajaro Valley Joint Unified School District
| Name | Grades | Distance |
|---|---|---|
Ohlone Elementary School, Watsonville, CA 21 Bay Farms Road, Watsonville, CA 95076 | K-5 | 0.6 mi |
Pajaro Middle School 250 Salinas Rd., Watsonville, CA 95076 | 6-8 | 1.6 mi |
Watsonville High School 250 East Beach Street, Watsonville, CA 95076 | 9-12 | 2.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 904 Salinas Rd
Date
Details
Price
Change
Source
3/18/2025
Sold
$2,850,000
—
MLS
2/14/2025
Listed
$2,850,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
904 Salinas Rd, Royal Oaks, CA 95076 (MLS# ML81994165) is a Commercial Residential Facility property that was sold at $2,850,000 on March 18, 2025. Want to learn more about 904 Salinas Rd? Do you have questions about finding other Commercial Residential Facility real estate for sale in Royal Oaks? You can browse all Royal Oaks real estate or contact a Coldwell Banker agent to request more information.

