OPEN HOUSE TOUR THURS FEB 20TH FROM 11A-1P TO VIEW THE INTERIOR OF THE UNITS. This is a rare opportunity to acquire a 10-unit multi-family property spread across six buildings, featuring a desirable mix of three-bedroom and two-bedroom units in a high-demand rental market. The owner has renovated units as they have turned over and purposefully left 3 units vacant for the new owner to fill at market rate rents. This well-maintained asset offers a steady income stream, with room for rental growth and operational efficiencies. Diverse Unit Mix: (4) Three-bedroom units & (5) Two bedroom units, (1) large one-bedroom unit Strong Occupancy: High tenant retention with consistent rental demand Expansion & Value-Add Potential: Opportunity to increase rents through renovations, or redevelopment Prime Location: Located just off Highway 1 and situated near major employers, transportation, and amenities Stabilized & Income-Producing: Immediate cash flow with upside potential
MLS #
ML81994165
MLS Source
MLSListings, Inc.
Cooling
None
Heating
Wall Furnace
Roof
Composition
Foundation
Pillar/Post/Pier
Garage/Parking
Carport, Common Parking Area, Garage: 0 Car(s)
Elementary District
Pajaro Valley Unified
High School District
Pajaro Valley Unified
Sewer
Septic Tank
Water
Public
Zoning
RC
# Buildings | # Leased Units | # Total Units |
---|---|---|
6 | 7 | 10 |
904 Salinas Rd is a Residential Income in Royal Oaks, CA 95076. This 8,098 square foot property sits on a 3.948 Acres Lot and features – bedrooms & – full bathrooms. It is currently priced at $2,850,000 and was built in 1968.
This address can also be written as 904 Salinas Rd, Royal Oaks, CA 95076.©2025 MLSListings Inc. All rights reserved. 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. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from MLSListings Inc.
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This listing information is up-to-date as of March 19, 2025. For the most current information, please contact James Kendall, (831) 275-0129