12-unit apartment complex in South Salinas located at 330 Soledad Street. The property consists of twelve 2-bedroom, 1-bath units, each with its own water heater, helping keep maintenance and operating costs more straightforward. Several units have been updated over time, while others offer room for a new owner to add value. The property has a strong rental history with long-term tenants and very low turnover, providing consistent, reliable income. At a 5% cap rate, this is a solid investment opportunity with stability and upside potential. Conveniently located near downtown Salinas with easy access to shopping, dining, and main thoroughfares.
MLS #
ML82040391
MLS Source
MLSListings, Inc.
Days on Site
0
Laundry
None
Cooling
None
Heating
Electric, Other
Roof
Composition
Foundation
Concrete Perimeter and Slab
Garage/Parking
Assigned Spaces, Carport, Covered Parking, Garage: 0 Car(s)
Elementary District
Salinas City Elementary
High School District
Salinas Union High
Water
Public
Zoning
R-M-2.9
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | 12 | 12 |
| Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
|---|---|---|---|---|---|---|
| 1 | 746 | 2 | 1/0 | $1,615 | $2,250 | 12 |
330 Soledad St is a Residential Income in Salinas, CA 93901. This 8,960 square foot property sits on a 13,000 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $3,350,000 and was built in 1977. This address can also be written as 330 Soledad St, Salinas, CA 93901.
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This listing information is up-to-date as of March 26, 2026. For the most current information, please contact Mike Handley, (831) 262-2400