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$1,495,000 Just Listed

  • For Sale
  • Active
  • Commercial Residential Facility
  • 3,441 Sq. Ft.
  • Updated 6 days ago
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157 Central Ave is an 8-unit apartment complex located in Downtown Salinas, adjacent to Hartnell College and Monterey County government offices. The property consists of six studio apartments within the two-story main building, along with two detached units: one one-bedroom/ one-bath unit and one three-bedroom/one-bath unit. The property has historically experienced very low tenant turnover, providing a stable and consistent rental history. The one-bedroom/one-bath unit can be delivered vacant at closing, offering an owner-user the opportunity to occupy the unit or an investor the flexibility to lease it at market rates.

Full Property Details for 157 Central Ave

General

  • Price: $1,495,000
  • Status: Active
  • Type: Commercial Residential Facility
  • Source: RE_Infolink
  • MLS ID: ML82060994
  • Updated: 9/11/2026
  • Added to Site: 6 day(s) ago

Additional Information

  • Security/Safety: Other

Parking

  • Parking Features: Off-Street Parking

Location

  • Area: SS
  • County: Monterey

Heating & Cooling

  • Cooling Type: None

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Public Utilities
  • Metering: Master Electric, Master Gas, Master Water

Structural Information

  • Foundation: Concrete Perimeter and Slab
  • Roof: Composition
  • Disability Access: None
  • Square Feet: 3,441
  • Year Built: 1934

Unit Information

Unit 1

  • Square Feet: 1064
  • Bedrooms: 3

Unit 2

  • Square Feet: 460
  • Bedrooms: 1

Unit 3

  • Square Feet: 265

Lot Features

  • Minimum Lot Size: 6716
  • Building Sites: 2
  • Zoning: CO

Disclosures and Reports

  • Restrictions: Other

Listed by Baird Partnership, Inc., Patrick Stafford and Josh Jones, Broker, Josh Jones

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Listing agents

— 157 Central Ave —

  • Patrick Stafford

    Baird Partnership, Inc.

  • Josh Jones

    Josh Jones, Broker

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with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 157 Central Ave

School Districts:Salinas City Elementary School District, Salinas Union High School District
NameGradesDistance
Roosevelt Elementary School, Salinas, CA
120 Capitol Street, Salinas, CA 93901
K-60 mi
Washington Middle School
560 Iverson Street, Salinas, CA 93901
7-80.5 mi
Salinas High School
726 South Main Street, Salinas, CA 93901
9-120.6 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 157 Central Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/11/2026
Listed
$1,495,000
67.04%
MLS
1/19/2017
Sold
$895,000
—
Public Record
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 157 Central Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$13,170
—
$1,060,691
2%
2025
$13,170
9%
$1,039,918
2%
2024
$12,066
3%
$1,019,552
2%
2023
$11,662
4%
$999,585
2%
2022
$11,230
4%
$980,010
2%
2021
$10,788
3%
$960,819
1%
2020
$10,492
1%
$950,980
2%
2019
$10,416
1%
$931,158
2%
2018
$10,281
523%
$912,900
617%
2017
$1,650
—
$127,409
2%
2016
$1,648
-1%
$124,912
2%
2015
$1,660
6%
$123,037
2%
2014
$1,563
-1%
$120,628
—
2013
$1,575
—
$120,084
—
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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NMLS#: 1598647

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Listed by Baird Partnership, Inc., Patrick Stafford and Josh Jones, Broker, Josh Jones

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157 Central Ave, Salinas, CA 93901 (MLS# ML82060994) is a Commercial Residential Facility property. 157 Central Ave is currently listed for $1,495,000 and was received on September 11, 2026. Want to learn more about 157 Central Ave? 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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