119 Carr Ave Salinas, CA 93905
East Salinas NeighborhoodEstimated payment $5,287/month
Total Views
15,698
5
Beds
4
Baths
2,050
Sq Ft
$463
Price per Sq Ft
Highlights
- Popular Property
- Stone Countertops
- Level Lot
- Mediterranean Architecture
- Tile Flooring
- 1-Story Property
About This Home
This property is a unique investment opportunity in the heart of Salinas! This one-of-a-kind 4-unit multi-family property features four separate units, each offering privacy and character that tenants love. With a mix of long-term, stable tenants, this property provides immediate income potential while still offering room for growth. The seller completed select renovations during the pandemic, blending modern updates with the property's original charm. This property has easy access to shopping and dining. It is perfect for investors looking to expand their portfolio or an owner-occupant seeking rental income. The city says converting the garage to a 5th unit is possible, Buyers to verify with the city. Key Features: Four individual cottages No shared walls, offering privacy for tenants Recent updates completed during the pandemic Great potential for value appreciation in a growing rental market Don't miss this rare opportunity to own a charming and income-generating property in Salinas.
Property Details
Home Type
- Multi-Family
Year Built
- 1941
Lot Details
- 7,501 Sq Ft Lot
- Level Lot
Parking
- 1 Car Garage
- Off-Street Parking
Home Design
- Quadruplex
- Mediterranean Architecture
- Bungalow
- Wood Frame Construction
- Composition Roof
- Bituthene Roof
- Concrete Perimeter Foundation
Interior Spaces
- 2,050 Sq Ft Home
- 1-Story Property
- Stone Countertops
Flooring
- Carpet
- Laminate
- Tile
Utilities
- Wall Furnace
Listing and Financial Details
Community Details
Overview
- 2,050 Sq Ft Building
Building Details
- 4 Leased Units
- Insurance Expense $2,276
- Maintenance Expense $2,000
- Utility Expense $2,489
- Trash Expense $2,196
- Operating Expense $10,995
- Gross Income $74,052
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $2,034 | $171,321 | $108,210 | $63,111 |
| 2024 | $2,034 | $167,963 | $106,089 | $61,874 |
| 2023 | $1,967 | $164,670 | $104,009 | $60,661 |
| 2022 | $1,893 | $161,442 | $101,970 | $59,472 |
| 2021 | $1,820 | $158,277 | $99,971 | $58,306 |
| 2020 | $1,771 | $156,655 | $98,946 | $57,709 |
| 2019 | $1,756 | $153,584 | $97,006 | $56,578 |
| 2018 | $1,732 | $150,573 | $95,104 | $55,469 |
| 2017 | $1,733 | $147,622 | $93,240 | $54,382 |
| 2016 | $1,734 | $144,728 | $91,412 | $53,316 |
| 2015 | $1,748 | $142,555 | $90,039 | $52,516 |
| 2014 | $1,636 | $139,764 | $88,276 | $51,488 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/01/2026 04/01/26 | Pending | -- | -- | -- |
| 03/15/2026 03/15/26 | For Sale | $950,000 | -- | $463 / Sq Ft |
Source: MLSListings
About the Listing Agent
Mark's Other Listings
Source: MLSListings
MLS Number: ML82037604
APN: 004-023-002
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