Home | Monterey County | Salinas | 93905 | 501 Fremont St
MLS: ML81957714 | Status: | Price: $1,750,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Acres Lot | Yr Built |
|---|---|---|---|---|
| – | – | 4,248 | 0.44 | 1950 |
Eleven units in Salinas have significant potential rent upside. The two-bedroom units average $1311 monthly, and the two-bedroom market rents are estimated at $2200. The studio and one-bedroom units average $1158 monthly, and the studio / one-bedroom market rents are estimated at $1500. Potentially, there is $5,000+ per month in rental upside. There are three two-bedroom cottages, one four-plex building, and four cottages connected with covered carports. The asphalt parking lot was recently repaved. The units are separately metered for gas and electricity. The owner pays for water, sewer, and garbage. The complex is close to grocery markets, restaurants, Highway 101, and many employment centers.
| Field | Value |
|---|---|
| MLS # | ML81957714 |
| MLS Source | MLSListings, Inc. |
| Feature | Details |
|---|---|
| Appliances | Oven Range - Gas |
| Flooring | Laminate, Tile, Vinyl/Linoleum |
| Laundry | None |
| Cooling | None |
| Heating | Gas, Wall Furnace |
| Feature | Details |
|---|---|
| Roof | Composition |
| Foundation | Concrete Perimeter |
| Feature | Details |
|---|---|
| Garage/Parking | Carport, Garage: 0 Car(s) |
| Elementary District | Salinas City Elementary |
| High School District | Salinas Union High |
| Zoning | R-L-5.5 Residential Low D |
Hap Albers
Albers Real Estate Investment Company
License #: 01006595
Phone: (408) 893-6002
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 5 | 11 | 11 |
| Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
|---|---|---|---|---|---|---|
| 1 | – | 2 | 1/0 | $1,291 | $1,461 | 4 |
| 2 | – | – | 1/0 | $1,126 | $1,187 | 4 |
| 3 | – | 1 | 1/0 | $1,052 | $1,254 | 3 |
School data provided by GreatSchools.org
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This listing information is up-to-date as of February 01, 2026. For the most current information, please contact Hap Albers, (408) 893-6002.