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$1,995,000 -$305,000 (-13.26%) Price Reduced

  • For Sale
  • Active
  • Commercial Residential Facility
  • 5,853 Sq. Ft.
  • 1.07 Acres
  • Updated 5 hours ago
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Rare 11-unit rental property on a large lot in a convenient Salinas location. 1200 W Market Street offers a strong income-producing opportunity with a fantastic rent roll, steady renter pool, and close proximity to shopping, employment centers, dining, services, and commuter routes. The spacious lot provides ample storage, generous outdoor space, and flexibility for future value-add opportunities. With room for possible expansion and an ideal layout to explore additional development, this property presents meaningful upside potential for investors seeking both current income and long-term growth. A well-positioned multifamily asset in one of Salinas most accessible areas, offering scale, location, and future possibilities. Buyer to verify development potential, unit count, rents, zoning, and all property details.

Full Property Details for 1200 W Market Cir

General

  • Price: $1,995,000
  • Status: Active
  • Type: Commercial Residential Facility
  • Source: RE_Infolink
  • MLS ID: ML82046180
  • Updated: 6/3/2026
  • Added to Site: 25 day(s) ago

Additional Information

  • Security/Safety: Other

Parking

  • Garage Spaces: 4
  • Parking Features: Common Parking Area, Detached Garage, Off-Street Parking

Location

  • Area: SS
  • County: Monterey

Heating & Cooling

  • Cooling Type: None

Utilities

  • Sewer: Septic System Connected
  • Water: Water Treatment System, Well
  • Utility Description: Individual Electric Meters, Individual Gas Meters
  • Metering: Master Water, Separate Gas

Structural Information

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Disability Access: Other
  • Square Feet: 5,853
  • Year Built: 1914

Unit Information

Unit 2

  • Bedrooms: 1

Unit 3

  • Bedrooms: 2

Lot Features

  • Lot Size (Acres): 1.07
  • Minimum Lot Size: 5853
  • Building Sites: 3
  • Zoning: HDR 8

Disclosures and Reports

  • Restrictions: None

Listed by Real Brokerage Technologies, The C Group and Real Brokerage Technologies, Kyle Murphy

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Listing agents

— 1200 W Market Cir —

  • The C Group

    Real Brokerage Technologies

  • Kyle Murphy

    Real Brokerage Technologies

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1200 W Market Cir

School Districts:Salinas City Elementary School District, Salinas Union High School District
NameGradesDistance
Boronda Meadows
915 Larkin Street, Salinas, CA 93907
K-60.6 mi
Harden Middle School
1561 McKinnon Street, Salinas, CA 93906
7-82.4 mi
North Salinas High School
55 Kip Drive, Salinas, CA 93906
9-122.2 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 1200 W Market Cir Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/03/2026
Price Reduced
$1,995,000
-13.26%
MLS
5/09/2026
Listed
$2,300,000
—
MLS
Get Price Alerts and Save Property
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 for 1200 W Market Cir

Year
Property Taxes
Change
Tax Assessment
Change
2024
$22,439
—
$1,937,551
2%
2024
$22,439
3%
$1,899,561
2%
2023
$21,685
4%
$1,862,316
2%
2022
$20,871
59%
$1,825,800
57%
2021
$13,119
3%
$1,159,387
1%
2020
$12,759
1%
$1,147,500
2%
2019
$12,661
-14%
$1,125,000
-14%
2018
$14,732
31%
$1,307,150
35%
2017
$11,221
-1%
$969,000
1%
2016
$11,368
7%
$962,500
10%
2015
$10,603
5%
$875,000
—
2014
$10,099
-2%
$875,000
—
2013
$10,273
—
$875,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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with our affiliated lender
NMLS#: 1598647

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Listed by Real Brokerage Technologies, The C Group and Real Brokerage Technologies, Kyle Murphy

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1200 W Market Cir, Salinas, CA 93901 (MLS# ML82046180) is a Commercial Residential Facility property. 1200 W Market Cir is currently listed for $1,995,000 and was received on May 09, 2026. Want to learn more about 1200 W Market Cir? Do you have questions about finding other Commercial Residential Facility real estate for sale in Salinas? You can browse all Salinas real estate or contact a Coldwell Banker agent to request more information.

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