119 Carr Avenue, Salinas, CA 93905

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Sold Price
$875,000
List Price
$950,000
Closing Date
Sep 01, 2026
Status
CLOSED
MLS#
ML82037604
Year Built
1941
Living Sq. Ft
2,050
Lot Size
7,500
Acres
0.17
Lot Location
Level
Days on Market
56
Property Type
Multifamily
Style
Bungalow, Mediterranean
Property Sub Type
Quadruplex

Property Description

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.

Additional Information

Taxes
$2,034
Heat
Wall Furnace
Cooling
Yes
Cooling Description
None
Roof
Bituthene, Composition
Garage Spaces Total
1
Sewer
Public Sewer
Water
Public
School District
Other
Attached Structure
Detached
Gross Scheduled Income
$74,052

Listing courtesy of Listing Agent: Mark Cohan (mark.cohan@compass.com) from Listing Office: Compass.

Listing sold by Manny Munoz from eXp Realty of California Inc

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.