$1,100,000
SOLD JUL 29, 2025

225 Soledad St Salinas, CA 93901

Downtown Salinas Neighborhood
8 Beds
8 Baths
3,776 Sq Ft
6,499 Sq Ft Lot

Recently Sold

$291 Per Sq Ft

10% Above List Price

7 Days on Market

About This Home

As of July 2025

Versatile Investment Opportunity. This 4-Plex is an excellent offering that is waiting just for you! Each unit is 2 bedrooms with 1.5 bathrooms. The exterior was freshly painted, and the roof is under three years old! The units are two story and there are patios for each unit. Alley access provides additional parking for the tenants. If you are looking for a property that has an established rental history, it is your lucky day. #incomeproperty #rentalIncome#Supplementyourmortgage#RealEstateOpportunity

Last Agent to Sell the Property

Ferreira-Kunz Group

Intero Real Estate Services License #70010176 Listed on: 07/01/2025

Last Buyer's Agent

Regina Shaw

Intero Real Estate Services License #01428652

Intero Real Estate Services

Property Details

Home Type

  • Multi-Family

Year Built

  • 1965

Lot Details

  • 6,499 Sq Ft Lot

Home Design

  • Quadruplex
  • Slab Foundation
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 3,776 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Laminate
  • Vinyl

Parking

  • 4 Parking Spaces
  • 1 Carport Space
  • On-Street Parking
  • Off-Street Parking

Utilities

  • Wall Furnace
  • Separate Meters

Listing and Financial Details

  • Total Actual Rent $84,960

Community Details

Overview

Building Details

  • 4 Leased Units
  • Insurance Expense $1,963
  • Maintenance Expense $5,112
  • Manager Expense $5,489
  • Utility Expense $2,331
  • Operating Expense $19,267
  • Gross Income $84,960

Property Details

Home Type

Multi-Family

Year Built

1965

Lot Details

0

Listing Details

  • Zoning: r-m
  • Subclass: Fourplex
  • Style: Ranch
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3776
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1965

Interior Features

  • Living Sq Ft: 3776
  • Stories: 2
  • Flooring: Carpet, Laminate, Vinyl / Linoleum

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition
  • Construction Type: Wood Frame

Garage/Parking

  • Parking Spaces: 4
  • Garage Parking Features: Off-Street Parking, On Street
  • Carport Min: 1

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public

Lot Info

  • Lot Acres: 0.1492
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6500.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6500.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 11.77
  • Number Of Leased: 4

Multi Family

  • Utilities: Individual Electric Meters, Public Utilities
  • Expense Insurance: 1963
  • Expense Maintenance: 5112
  • Expense Management: 5489
  • Expenses Total: 19267
  • Expenses Utility: 2331
  • Income Annual Gross: 84960.00
  • Income Annual Rental: 84960
  • Income Gross Scheduled: 84960
  • Income Includes: Rents
  • Meters: Separate Electric
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Management, Fee - Property Tax, Insurance, Maintenance, Maintenance - Repair, Services - Sewer, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/29/2025 07/29/25 Sold $1,100,000 +10.0% $291 / Sq Ft
07/09/2025 07/09/25 Pending -- -- --
07/01/2025 07/01/25 For Sale $999,800 -- $265 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2025

    Ferreira-Kunz Group

    Intero Real Estate Services

    (831) 801-1646

    1 in this area

    52 Total Sales

    Ferreira-Kunz Group
    Section Image
  • Regina Shaw

    Buyer's Agent in 2025

    Regina Shaw

    Intero Real Estate Services

    (831) 206-3369

    1 in this area

    102 Total Sales

    Regina Shaw
    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML82013045

MLSListings
California Monterey County Salinas 93901 Downtown Salinas

225 Soledad St, Salinas, CA

Sold

MultiFamily

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