Invest in this lucrative fourplex opportunity! Each unit features individual water, gas, and electric meters, ensuring hassle-free utility management. Conveniently located with easy access to Highway 101, this property includes a 1-car garage for the two front units. The units at 506/506A and 508/508A are currently tenant-occupied on month-to-month leases, offering flexibility. Each unit is a comfortable 2-bed, 1-bath space. Please respect the tenants' privacy; do not disturb.
Sold for $900,000
$900,000
506 Santa Maria St, Salinas, CA 93905
8beds
4baths
2,406sqft
Quadruplex, Residential Income
Built in 1941
-- sqft lot
$968,900 Zestimate®
$374/sqft
$2,298 Estimated rent
Home value
$968,900
$911,000 - $1.03M
$2,298/mo
Zestimate® history
Owner options
List your home for rent
$2,298/mo
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$2,298/mo
Rent Zestimate®
Refinance and save
$5,607/mo
Est. payment
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$5,607/mo
Est. payment
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Electric meters
Zillow last checked:
Listing updated:
Listed by:
Sandra Rangel 02182614 831-484-4011,
Remax Property Experts 831-751-6900
Bought with:
, 01763552
Coast to Valley Realty
Source: MLSListings Inc,MLS#: ML81952859
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Wall Furnace
Cooling
- None
Appliances
- Included: Gas Cooktop, Washer/Dryer Some Units
Features
- Doors: None
Interior area
- Total structure area: 2,406
- Total interior livable area: 2,406 sqft
Property
Parking
- Total spaces: 4
- Parking features: Attached, Parking Area
- Garage spaces: 2
- Has carport: Yes
Accessibility
- Accessibility features: None
Features
- Stories: 1
Lot
- Size: 7,715 sqft
Details
- Parcel number: 003021002000
- Zoning: R-M
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Residential Income
Materials
- Foundation: Concrete Perimeter
- Roof: Shingle
Condition
- Year built: 1941
Utilities & green energy
- Gas: IndividualGasMeters
- Sewer: Public Sewer
- Utilities for property: Individual Electric Meters, Individual Gas Meters
Community & neighborhood
Location
- Region: Salinas
Other
Other facts
- Listing agreement: ExclusiveRightToSell
Price history
| Date | Event | Price |
|---|---|---|
| 5/17/2024 | Sold | $900,000-14.3%$374/sqft |
Source:  MLSListings Inc #ML81952859 Report a problem | ||
| 3/31/2024 | Pending sale | $1,050,000$436/sqft |
Source: MLSListings Inc #ML81952859 Report a problem | ||
| 2/24/2024 | Listed for sale | $1,050,000$436/sqft |
Source: MLSListings Inc #ML81952859 Report a problem | ||
| 2/15/2024 | Pending sale | $1,050,000$436/sqft |
Source: MLSListings Inc #ML81952859 Report a problem | ||
| 2/1/2024 | Listed for sale | $1,050,000+406%$436/sqft |
Source: MLSListings Inc #ML81952859 Report a problem | ||
| 4/2/2003 | Sold | $207,500$86/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $11,513 +118.4% | $918,400 +106% |
| 2024 | $5,271 +3.5% | $445,782 +2% |
| 2023 | $5,095 +4% | $437,050 +2% |
| 2022 | $4,900 +4.1% | $428,489 +2% |
| 2021 | $4,709 +2.8% | $420,097 +1% |
| 2020 | $4,579 +0.8% | $415,795 +2% |
| 2019 | $4,541 +1.3% | $407,651 +2% |
| 2018 | $4,482 -0.1% | $399,666 +2% |
| 2017 | $4,485 -0.1% | $391,838 +2% |
| 2016 | $4,489 +59.9% | $384,164 +70.7% |
| 2015 | $2,808 +10.4% | $225,095 +2% |
| 2014 | $2,545 | $220,695 +2.5% |
| 2012 | -- | $215,400 |
| 2010 | -- | $215,400 -52.2% |
| 2009 | -- | $450,272 +6.1% |
| 2006 | -- | $424,327 +2% |
| 2005 | -- | $416,016 +2% |
| 2004 | -- | $407,867 +131.2% |
| 2003 | -- | $176,392 +2% |
| 2002 | -- | $172,934 +1.8% |
| 2001 | $3,417 | $169,944 +2.2% |
| 2000 | -- | $166,220 |
Find assessor info on the county website
Neighborhood: Sherwood
Nearby schools
GreatSchools rating
- 4/10Sherwood Elementary SchoolGrades: K-6Distance: 0.2 mi
- 5/10Washington Middle SchoolGrades: 7-8Distance: 1.5 mi
- 7/10Salinas High SchoolGrades: 9-12Distance: 1.1 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.
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Estimated market value
$968,900
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$968,900
- California
- Monterey County
- Salinas
- 93905
- Sherwood
- 506 Santa Maria St
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