Investment opportunity featuring four spacious 3-bedroom, 1.5-bath units situated across two separate buildings. Do not disturb occupants. The property offers approximately 4,320 square feet of total building area, with each building measuring approximately 2,160 square feet and containing two units. Each unit features a functional single-level floor plan with three bedrooms and 1.5 bathrooms. The half bath is located within a large walk-in closet in the primary bedroom, providing potential space to add a shower and create a second full bathroom, subject to buyer investigation, permits, and local requirements. The property is in need of some TLC and updating, offering an opportunity for a new owner to make improvements over time and enhance its overall appeal and value. Current rents are below fair market value, providing additional long-term upside for an investor. Any future rent increases are subject to applicable City of Salinas rent regulations and should be independently verified by the buyer. A solid investment opportunity offering spacious 3-bedroom units, existing rental income, below-market rents, and future value-add potential.
Under contract
$1,099,000
20 S Hebbron Ave, Salinas, CA 93905
12beds
8baths
4,134sqft
Quadruplex, Residential Income
Built in 1965
-- sqft lot
$1,090,600 Zestimate®
$266/sqft
$-- HOA
What's special
- 28 days
- 1,017
- 37
Zillow last checked:
Listing updated:
Listed by:
Chantel Henson 01271580 831-809-4100,
Compass 831-318-0150,
Betty Stringer 02042438 831-801-0730,
Compass
Source: MLSListings Inc,MLS#: ML82057881
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 8
Heating
- Central Forced Air
Cooling
- None
Interior area
- Total structure area: 4,134
- Total interior livable area: 4,134 sqft
Property
Parking
- Total spaces: 4
- Parking features: Attached, On Street
- Garage spaces: 4
- Has carport: Yes
Accessibility
- Accessibility features: Parking
Features
- Stories: 1
Lot
- Size: 9,600 Square Feet
Details
- Parcel number: 004061028000
- Zoning: CR
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Residential Income
Materials
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Year built: 1965
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: $266/sqft
- Tax assessed value: $1,239,300
- Annual tax amount: $1,995
- Date on market: 8/19/2026
- Listing agreement: ExclusiveRightToSell
- Inclusions: Building, Land
Estimated market value
$1,090,600
$1.04M - $1.15M
$2,296/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/31/2026 | Contingent | $1,099,000$266/sqft |
Source: | ||
| 8/19/2026 | Listed for sale | $1,099,000$266/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $1,239,300 +718.6% |
| 2025 | $1,995 +9% | $151,393 +2% |
| 2024 | $1,831 +3.4% | $148,425 +2% |
| 2023 | $1,771 +4.2% | $145,516 +2% |
| 2022 | $1,699 +4% | $142,664 +2% |
| 2021 | $1,634 +2.8% | $139,868 +1% |
| 2020 | $1,589 +0.9% | $138,435 +2% |
| 2019 | $1,575 +1.8% | $135,721 +2% |
| 2018 | $1,547 -0.1% | $133,061 +2% |
| 2017 | $1,547 0% | $130,453 +2% |
| 2016 | $1,548 +6% | $127,896 +1.5% |
| 2015 | $1,461 | $125,976 +2% |
| 2014 | $1,461 | $123,509 +2.5% |
| 2012 | -- | $120,542 +2% |
| 2011 | -- | $118,180 +0.8% |
| 2010 | -- | $117,297 -0.2% |
| 2009 | -- | $117,576 +2% |
| 2008 | -- | $115,272 +4% |
| 2006 | -- | $110,798 +2% |
| 2005 | -- | $108,627 +2% |
| 2004 | -- | $106,498 +1.9% |
| 2003 | -- | $104,547 +2% |
| 2002 | -- | $102,498 +2% |
| 2001 | $1,133 | $100,489 +2% |
| 2000 | -- | $98,518 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Sherwood
Nearby schools
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.
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