For sale

$1,495,000

Central Ave, Salinas, CA 93901

4beds

2baths

3,441sqft

$9,711/mo

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Five Or More Units, Residential Income

Built in 1934

-- sqft lot

$-- Zestimate^®

$434/sqft

$-- HOA

What's special

Six studio apartmentsDetached units

157 Central Ave is an 8-unit apartment complex located in Downtown Salinas, adjacent to Hartnell College and Monterey County government offices. The property consists of six studio apartments within the two-story main building, along with two detached units: one one-bedroom/ one-bath unit and one three-bedroom/one-bath unit. The property has historically experienced very low tenant turnover, providing a stable and consistent rental history. The one-bedroom/one-bath unit can be delivered vacant at closing, offering an owner-user the opportunity to occupy the unit or an investor the flexibility to lease it at market rates.

5 days
284
6

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2

Heating

Wall Furnace

Cooling

None

Features

Doors: None

Interior area

Total structure area: 3,441
Total interior livable area: 3,441 sqft

Property

Parking

Total spaces: 3
Parking features: Off Street
Has carport: Yes

Accessibility

Accessibility features: None

Lot

Size: 6,716 Square Feet

Details

Parcel number: 002252011000
Zoning: CO
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Five Or More Units, Residential Income

Materials

Foundation: Concrete Perimeter and Slab
Roof: Composition

Condition

Year built: 1934

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: $434/sqft
Date on market: 9/11/2026
Listing agreement: ExclusiveAgency
Lease term: Other

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
9/11/2026	Listed for sale	$1,495,000$434/sqft
Source: MLSListings Inc #ML82060994 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

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.

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Climate risks

Neighborhood: Pacific Park

Getting around

39 / 100

Car-Dependent

36 / 100

Some Transit

51 / 100

Bikeable

Nearby schools

GreatSchools rating

2/10
University Park Elementary School
Grades: K-6Distance: 0.4 mi
5/10
Washington Middle School
Grades: 7-8Distance: 0.6 mi
7/10
Salinas High School
Grades: 9-12Distance: 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.