Home | Monterey County | Royal Oaks | 95076 | 904 Salinas Rd
MLS: ML81994165 | Status: | Price: $2,850,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Acres Lot | Yr Built |
|---|---|---|---|---|
| – | – | 8,098 | 3.948 | 1968 |
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
| Field | Value |
|---|---|
| MLS # | ML81994165 |
| MLS Source | MLSListings, Inc. |
| Feature | Details |
|---|---|
| Cooling | None |
| Heating | Wall Furnace |
| Feature | Details |
|---|---|
| Roof | Composition |
| Foundation | Pillar/Post/Pier |
| Feature | Details |
|---|---|
| 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 |
James Kendall
Baird Partnership, Inc.
License #: 02010395
Phone: (831) 275-0129
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 6 | 7 | 10 |
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This listing information is up-to-date as of January 30, 2026. For the most current information, please contact James Kendall, (831) 275-0129.