$1,495,000

157 Central Avenue, Salinas CA, 93901

Price per sqft$434.47

Built in1934

Property size3,441 sqft

Property typeCommercial

Overview

Active

Listed Sep 11, 2026

Updated 4 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

Listed by Patrick Stafford, Baird Partnership, Inc., CA DRE 01857243

Listing Contact: 831-238-3592

Based on information from the CRISNet MLS as of 9/12/2026, 3:58 AM UTC. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.