Rare opportunity to acquire 220 Pajaro Street, an improved mixed-use property in the core of Salinas, offering immediate usability with flexible configurations for owner-users or investors.
The property benefits from a prime downtown location with strong visibility and favorable mixed-use zoning, supporting a variety of uses including retail, office, residential over commercial, or live/work configurations (buyer to verify). The existing improvements provide functional space for occupancy or income, while also offering repositioning and redevelopment potential over time.
A unique opportunity exists to assemble with the adjacent parcel at 214 Pajaro Street, which is also available for purchase. Combining 214 & 220 Pajaro creates a larger, more efficient development site enhancing scale, design flexibility, and long-term value potential. Assemblage opportunities in the downtown corridor are limited and difficult to replicate. 220 Pajaro is well-suited for investors, developers, or owner-users seeking an income-producing asset with additional upside potential.
Pricing: Property is priced with consideration to its location, existing improvements, income potential, and assemblage value. Seller will prioritize qualified buyers with strong financial capacity and clean terms.
For sale
$750,000
220 Pajaro St, Salinas, CA 93901
3beds
1,538sqft
Single Family Residence, Residential
Built in 1917
6,206 Square Feet Lot
$737,700 Zestimate®
$488/sqft
$-- HOA
What's special
Existing improvements
- 7 days |
- 597 |
- 8 |
Zillow last checked:
Listing updated:
Listed by:
Ric Morrison 00954251 831-809-3419,
Coldwell Banker Realty 831-626-2221
Source: MLSListings Inc,MLS#: ML82038357
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Dining room
- Features: NoFormalDiningRoom
Family room
- Features: NoFamilyRoom
Heating
- Central Forced Air Gas, Forced Air
Cooling
- None
Features
- Flooring: Carpet, Hardwood, Vinyl Linoleum
- Fireplace features: Living Room
Interior area
- Total structure area: 1,538
- Total interior livable area: 1,538 sqft
Property
Parking
- Total spaces: 4
Features
- Stories: 1
Lot
- Size: 6,206 Square Feet
- Features: Level
Details
- Additional structures: Garage, StorageFacility
- Parcel number: 002231005000
- Zoning: Mixed Use
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Craftsman
- Property subtype: Single Family Residence, Residential
Materials
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Fixer
- New construction: No
- Year built: 1917
Utilities & green energy
- Gas: IndividualGasMeters, 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: $488/sqft
- Tax assessed value: $277,513
- Annual tax amount: $3,418
- Date on market: 3/12/2026
- Listing agreement: ExclusiveRightToSell
- Listing terms: CashorConventionalLoan
Foreclosure details
Estimated market value
$737,700
$701,000 - $775,000
$3,818/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/26/2026 | Listed for sale | $750,000+15.4%$488/sqft |
Source: | ||
| 5/8/2026 | Listing removed | $650,000$423/sqft |
Source: | ||
| 3/12/2026 | Listed for sale | $650,000-1.5%$423/sqft |
Source: | ||
| 4/20/2022 | Listing removed | -- |
Source: Owner Report a problem | ||
| 1/20/2022 | Listed for sale | $660,000-22.4%$429/sqft |
Source: Owner Report a problem | ||
| 7/31/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 5/2/2021 | Listed for sale | $850,000+295.3%$553/sqft |
Source: Owner Report a problem | ||
| 12/30/2009 | Sold | $215,000-0.1%$140/sqft |
Source: Public Record Report a problem | ||
| 8/17/2009 | Sold | $215,173$140/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,418 +9.2% | $277,513 +2% |
| 2024 | $3,129 +3.5% | $272,073 +2% |
| 2023 | $3,022 +4% | $266,739 +2% |
| 2022 | $2,907 +4.1% | $261,509 +2% |
| 2021 | $2,791 +2.9% | $256,383 +1% |
| 2020 | $2,714 +0.8% | $253,755 +2% |
| 2019 | $2,692 +1.4% | $248,780 +2% |
| 2018 | $2,655 0% | $243,903 +2% |
| 2017 | $2,656 0% | $239,122 +2% |
| 2016 | $2,656 +6.3% | $234,434 +1.5% |
| 2015 | $2,498 | $230,913 |
Find assessor info on the county website
Monthly payment
Est. payment$--/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: Downtown
Nearby schools
GreatSchools rating
- 4/10Roosevelt Elementary SchoolGrades: K-6Distance: 0.5 mi
- 5/10Washington Middle SchoolGrades: 7-8Distance: 0.8 mi
- 7/10Salinas High SchoolGrades: 9-12Distance: 0.6 mi
Schools provided by the listing agent
- Elementary: RooseveltElementary_1
- High: SalinasHigh
- 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
- 93901
- Downtown
- 220 Pajaro St




