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For sale
  • $750,000

    220 Pajaro St, Salinas, CA 93901

    3beds
    1,538sqft
    : 
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    Single Family Residence, Residential
    Built in 1917
    6,206 Square Feet Lot
    $737,700 Zestimate®
    $488/sqft
    $-- HOA

    What's special

    Existing improvements
    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.
    7 days
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    Zillow last checked:

    Listing updated:

    Listed by:

    Ric Morrison 00954251 831-809-3419,

    Coldwell Banker Realty 831-626-2221

    Source: MLSListings Inc,MLS#: ML82038357MLS Logo

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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

        DateEventPrice
        6/26/2026Listed for sale$750,000+15.4%$488/sqft
        Source: MLSListings Inc #ML82038357 Report a problem
        5/8/2026Listing removed$650,000$423/sqft
        Source: MLSListings Inc #ML82038357 Report a problem
        3/12/2026Listed for sale$650,000-1.5%$423/sqft
        Source: MLSListings Inc #ML82038357 Report a problem
        4/20/2022Listing removed--
        Source: Owner Report a problem
        1/20/2022Listed for sale$660,000-22.4%$429/sqft
        Source: Owner Report a problem
        7/31/2021Listing removed--
        Source: Owner Report a problem
        5/2/2021Listed for sale$850,000+295.3%$553/sqft
        Source: Owner Report a problem
        12/30/2009Sold$215,000-0.1%$140/sqft
        Source: Public Record Report a problem
        8/17/2009Sold$215,173$140/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax 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

        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

        Getting around

        94 / 100
        Walker's Paradise
        50 / 100
        Good Transit
        60 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        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.

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