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$825,000 Just Listed
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Property Description
3-unit investment opportunity at 1142 Pacific Ave. in East Salinas. The property features a front house with 2 bedrooms and 1 bathroom, plus two rear units that are each 1 bedroom and 1 bathroom. The property is currently tenant-occupied with long-term tenants in place and offers a 5+ cap rate on existing rents. Flexible options for an owner-occupant looking to live in one unit while generating rental income from the others, or for an investor seeking a stable multi-unit property with upside potential.
Full Property Details
Full Property Details for 1142 Pacific Ave
General
- Price: $825,000
- Status: Active
- Type: Triplex
- Source: RE_Infolink
- MLS ID: ML82038819
- Updated: 3/16/2026
- Added to Site: 4 day(s) ago
Additional Information
- Extras: Not Applicable
- Security/Safety: None
Parking
- Parking Features: Common Parking Area, No Garage, On Street
Location
- Area: ES-68
- County: Monterey
- Cross Streets: Del Monte
Heating & Cooling
- Cooling Type: None
- Heating Type: Wall Furnace
Utilities
- Sewer: Sewer Connected
- Water: Public
- Utility Description: Public Utilities
- Metering: Separate Electric, Separate Gas
Structural Information
- Foundation: Concrete Perimeter and Slab
- Roof: Composition
- Disability Access: None
- Square Feet: 1,348
- Year Built: 1937
Unit Information
Unit 1
- Square Feet: 611
- Bedrooms: 2
Unit 2
- Square Feet: 363
- Bedrooms: 1
Unit 3
- Square Feet: 374
- Bedrooms: 1
Lot Features
- Minimum Lot Size: 6169
- Lot Size (Sq. Ft.): 6,169
- Building Sites: 2
- Zoning: R-L-5.5
Listed by Town'N Country Realty, Mike Handley
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Schools
Schools serving 1142 Pacific Ave
School Districts:Salinas Union High School District, Alisal Union Elementary School District
| Name | Grades | Distance |
|---|---|---|
Virginia Rocca Barton Elementary School 680 Las Casitas Drive, Salinas, CA 93905 | K-6 | 0.5 mi |
La Paz Middle School 1300 North Sanborn Road, Salinas, CA 93905 | 7-8 | 0.4 mi |
Everett Alvarez High School 1900 Independence Boulevard, Salinas, CA 93906 | 9-12 | 1.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1142 Pacific Ave
Date
Details
Price
Change
Source
3/16/2026
Listed
$825,000
205.56%
MLS
8/19/2015
Sold
$270,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1142 Pacific Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,193
-3%
$324,789
2%
2024
$4,309
2%
$318,428
2%
2023
$4,231
11%
$312,191
2%
2022
$3,811
—
$306,076
2%
2021
$3,813
1%
$300,082
1%
2020
$3,771
-3%
$297,009
2%
2019
$3,889
6%
$290,892
2%
2018
$3,668
-4%
$285,189
2%
2017
$3,807
5%
$279,598
2%
2016
$3,613
-4%
$274,117
1%
2015
$3,775
71%
$270,294
62%
2014
$2,207
-9%
$167,025
—
2013
$2,423
—
$166,271
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1142 Pacific Ave
1142 Pacific Ave, Salinas, CA 93905 (MLS# ML82038819) is a Triplex property with 0 bedrooms and 0 full bathrooms. 1142 Pacific Ave is currently listed for $825,000 and was received on March 16, 2026. Want to learn more about 1142 Pacific Ave? Do you have questions about finding other Triplex real estate for sale in Salinas? You can browse all Salinas real estate or contact a Coldwell Banker agent to request more information.

