$1,495,000

157 Central Avenue, Salinas CA, 93901

Price per sqft$434.47

Built in1934

Property size3,441 sqft

Property typeCommercial

Listed by Patrick Stafford CA DRE# 01857243 with Baird Partnership, Inc. 831-238-3592

Overview

Active

Listed Sep 11, 2026

Updated 2 weeks ago

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.

Additional information

MLS^® ID: ML82060994

Interior Features

Bathrooms: 0
Cooling: Yes
Heating: Yes
Basement: No

Exterior Features

Lot Size: 0.15 Acres

Other Property Details

Taxes: $16,744
Tax Frequency: Annually
Maintenance Expense: $7,500

Also listed on MLSLISTINGS

Listed by Patrick Stafford CA DRE# 01857243 with Baird Partnership, Inc. 831-238-3592

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 9/12/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 9/12/2026 at 3:44 AM UTC Last Checked: 3:44 AM UTC