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
Recent 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.
Under contract
$950,000
119 Carr Ave, Salinas, CA 93905
5beds
4baths
2,050sqft
Quadruplex, Residential Income
Built in 1941
-- sqft lot
$-- Zestimate®
$463/sqft
$-- HOA
What's special
Four individual cottagesPrivacy for tenantsFour separate units
- 113 days |
- 110 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Mark Cohan 01309413 831-869-2777,
Compass 831-318-0150
Source: MLSListings Inc,MLS#: ML82037604
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
Kitchen
- Features: Countertop_Stone
Heating
- Wall Furnace
Cooling
- None
Features
- Flooring: Carpet, Laminate, Tile
- Doors: None
Interior area
- Total structure area: 2,050
- Total interior livable area: 2,050 sqft
Property
Parking
- Total spaces: 4
- Parking features: Off Street
- Garage spaces: 1
- Has carport: Yes
Accessibility
- Accessibility features: None
Features
- Stories: 1
Lot
- Size: 7,500 Square Feet
- Features: Level, Regular
Details
- Parcel number: 004023002
- Zoning: R-L-5.5
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Bungalow,Mediterranean
- Property subtype: Quadruplex, Residential Income
Materials
- Foundation: Concrete Perimeter and Slab
- Roof: Bituthene, Composition
Condition
- Year built: 1941
Utilities & green energy
- Gas: PublicUtilities
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Public Utilities, Water Public
Community & HOA
Location
- Region: Salinas
Financial & listing details
- Price per square foot: $463/sqft
- Tax assessed value: $171,321
- Annual tax amount: $2,034
- Date on market: 3/15/2026
- Listing agreement: ExclusiveRightToSell
- Listing terms: CashorConventionalLoan
- Inclusions: FixturesandEquipment, OvenRangeAllUnits
- Lease term: Month To Month
Estimated market value
Not available
Estimated sales range
Not available
$3,504/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/29/2026 | Contingent | $950,000$463/sqft |
Source:  MLSListings Inc #ML82037604 Report a problem | ||
| 4/17/2026 | Listed for sale | $950,000$463/sqft |
Source: MLSListings Inc #ML82037604 Report a problem | ||
| 4/3/2026 | Contingent | $950,000$463/sqft |
Source: MLSListings Inc #ML82037604 Report a problem | ||
| 3/16/2026 | Listed for sale | $950,000$463/sqft |
Source: MLSListings Inc #ML82037604 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,217 +9% | $171,321 +2% |
| 2024 | $2,034 +3.4% | $167,963 +2% |
| 2023 | $1,967 +3.9% | $164,670 +2% |
| 2022 | $1,893 +4% | $161,442 +2% |
| 2021 | $1,820 +2.8% | $158,277 +1% |
| 2020 | $1,771 +0.9% | $156,655 +2% |
| 2019 | $1,756 +1.4% | $153,584 +2% |
| 2018 | $1,732 -0.1% | $150,573 +2% |
| 2017 | $1,733 0% | $147,622 +2% |
| 2016 | $1,734 +6% | $144,728 +1.5% |
| 2015 | $1,636 | $142,555 +2% |
| 2014 | $1,636 | $139,764 +5.3% |
| 2010 | -- | $132,733 -0.2% |
| 2009 | -- | $133,050 +2% |
| 2008 | -- | $130,442 +2% |
| 2007 | -- | $127,885 +4% |
| 2005 | -- | $122,922 +2% |
| 2004 | -- | $120,513 +1.9% |
| 2003 | -- | $118,305 +2% |
| 2002 | -- | $115,986 +2% |
| 2001 | $1,211 | $113,713 +2% |
| 2000 | -- | $111,484 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Hebbron
Nearby schools
GreatSchools rating
- 4/10Roosevelt Elementary SchoolGrades: K-6Distance: 1.4 mi
- 5/10Washington Middle SchoolGrades: 7-8Distance: 1.7 mi
- 7/10Salinas High SchoolGrades: 9-12Distance: 1.4 mi
Schools provided by the listing agent
- District: SalinasCityElementary
Source: MLSListings Inc. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
Local buyer's agents are ready to help
- California
- Monterey County
- Salinas
- 93905
- Hebbron
- 119 Carr Ave
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