TJ Carpino - Coldwell Banker Commercial Real Estate Solutions Logo
$1,900,000
( $324.62Per Sq Foot )
 $10,200 est/mo Sourced by Back At You

1200 W Market Circle,Salinas, CA 93901

Salinas, CA 93901

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Description

Rare 11-unit rental property on a large lot in a convenient Salinas location. 1200 W Market Street offers a strong income-producing opportunity with a fantastic rent roll, steady renter pool, and close proximity to shopping, employment centers, dining, services, and commuter routes. The spacious lot provides ample storage, generous outdoor space, and flexibility for future value-add opportunities. With room for possible expansion and an ideal layout to explore additional development, this property presents meaningful upside potential for investors seeking both current income and long-term growth. A well-positioned multifamily asset in one of Salinas most accessible areas, offering scale, location, and future possibilities. Buyer to verify development potential, unit count, rents, zoning, and all property details.

Details

MLS #ML82046180
Listing TypeFor Sale
Sub-TypeResale
StatusActive Under Contract
Year1914
Days On Site191
Listing Provided ByReal Brokerage Technologies | The C Group

Features

SQ Feet5,853
Units11
Building(s)3
ZoningHDR 8
Acreage0.13

Interior

CoolingNone
HeatingElectric, Wall Furnace
Heating Yes / NoYes
Cooling Yes / NoYes

Exterior

RoofComposition

Taxes

Property24494

Area Information

StateCA
CountyMonterey
CitySalinas
Zip Code93901
Area699 Not Defined
Listing VS Median (in 93901)
Price:
$1,900,000
low | high
Med:
$1,447,500
73.815789473684% of Average
sqft:
5,853
low | high
Med:
5,036
63.967196309585% of Average
$ / sqft:
$325
low | high
Med:
$323
50.556280473638% of Average
On site:
191
low | high
Med:
204.5
93.398533007335% of Average
Sourced by Back At You

Market Activity 93901

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Contact

Learn More About This Property

TJ Carpino

TJ Carpino

Coldwell Banker Commercial

01973938 (760) 403-0242tj.carpino@cbcinland.com
StateCA
CountyMonterey
CitySalinas
Zip Code93901
Area699 Not Defined
Listing VS Median (in 93901)
Price:
$1,900,000
low | high
Med:
$1,447,500
73.815789473684% of Average
sqft:
5,853
low | high
Med:
5,036
63.967196309585% of Average
$ / sqft:
$325
low | high
Med:
$323
50.556280473638% of Average
On site:
191
low | high
Med:
204.5
93.398533007335% of Average
Sourced by Back At You
Listing Updated: November 13, 2026 at 1:26:31 AM PST

TJ Carpino - Coldwell Banker Commercial Real Estate Solutions