6.58% CAP Rate!!! This is an incredible investment opportunity. All units have seen an extensive remodel with too many updates and upgrades to name here. The property consists of three detached houses and two separate two-car garages. Unit #A is a three-bedroom/one-bath home with a detached two-car garage. Unit #B is a three-bedroom/two-bath home with a private yard and a large storage area. Unit #C is a three-bedroom/one-bath home with a two-car attached garage. The property offers lots of off-street parking for all units. This is a large lot consisting of . 29 acres situated in a convenient location with close proximity to shops, amenities, and HWY 1.
Multi-familyProperty Type
1961Year Built
0.29 acresLot Size
$440Est. Price/Sq.Ft.
2 garage spacesParking
Listed by Sean Poudrier•DRE #01932326• Coldwell Banker Realty
Rare opportunity to own a triplex! Great location, minutes to HWY 1, approximately five miles to coast. Walking distance to Pajaro Middle School, Bakery, and Pajaro Market. Triplex consists of three separate houses. Individual fenced yards for all three units and fruit trees on property. Unit#A 2bed/1 bath, Unit#B 3bed/2bath, and Unit#C 2bed/1bath. Plenty of parking, two units have garages, third unit has common parking between units B and C with storage shed. Investment opportunity, live in one unit while collecting income from other units.
Public Records
Apr 8, 2020
Sold
$1,610,000
$492/sq ft
Public Records
Jun 12, 2019
Sold
$6,000,000
$1,834/sq ft
Public Records
Sep 9, 1994
Sold
$65,000
$20/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$4,273 (+36.4%)
$202,323
2024
$3,133 (+32.1%)
$202,323
2023
$2,372 (+1.9%)
$198,356
2022
$2,327 (+2.5%)
$194,467
2021
$2,272 (+0.8%)
$190,654
2020
$2,253 (+76.5%)
$186,916
2019
$1,276 (+2.4%)
$188,700
2018
$1,246 (+1.0%)
$94,851 + $3,002
$97,853
2017
$1,235 (+2.7%)
$91,169 + $2,887
$94,056
2016
$1,202 (+8.6%)
$91,169 + $2,887
$94,056
2015
$1,107 (+2.0%)
$89,382 + $2,831
$92,213
2014
$1,085 (−0.3%)
$86,316 + $2,735
$89,051
2013
$1,088 (+5.2%)
$86,316 + $2,735
$89,051
2012
$1,034 (+1.2%)
$85,926 + $2,723
$88,649
2011
$1,022 (+0.8%)
$84,242 + $2,670
$86,912
2010
$1,014 (−0.2%)
$82,591 + $2,618
$85,209
2009
$1,016 (+2.3%)
$81,974 + $2,599
$84,573
2008
$993
$82,169 + $2,606
$84,775
Tax history for 430B Salinas Rd
Year
Property tax
Land + Additions
Assessment*
2025
$4,273 (+36.4%)
$202,323
2024
$3,133 (+32.1%)
$202,323
2023
$2,372 (+1.9%)
$198,356
2022
$2,327 (+2.5%)
$194,467
2021
$2,272 (+0.8%)
$190,654
2020
$2,253 (+76.5%)
$186,916
2019
$1,276 (+2.4%)
$188,700
2018
$1,246 (+1.0%)
$94,851 + $3,002
$97,853
2017
$1,235 (+2.7%)
$91,169 + $2,887
$94,056
2016
$1,202 (+8.6%)
$91,169 + $2,887
$94,056
2015
$1,107 (+2.0%)
$89,382 + $2,831
$92,213
2014
$1,085 (−0.3%)
$86,316 + $2,735
$89,051
2013
$1,088 (+5.2%)
$86,316 + $2,735
$89,051
2012
$1,034 (+1.2%)
$85,926 + $2,723
$88,649
2011
$1,022 (+0.8%)
$84,242 + $2,670
$86,912
2010
$1,014 (−0.2%)
$82,591 + $2,618
$85,209
2009
$1,016 (+2.3%)
$81,974 + $2,599
$84,573
2008
$993
$82,169 + $2,606
$84,775
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
0.43 Acres
Year renovated
—
Sq. Ft.
—
Year built
—
Style
Other
County
Monterey County
APN
117301001000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 16, 2026.
HI
Heavy Industrial District
The purpose of this Chapter is to provide a district which will assure an environment conducive to the development and protection of modern industry, research institutions and administration facilities, all well designed and properly landscaped, which are not dependent on pedestrian traffic.
Permitted uses
Include but are not limited to:
Industrial
Agriculture-Pastureland
Sep 3, 2025 • Final
Re-roof
Perform a residential reroofing project. Remove existing asphalt composition shingles and replace them with new asphalt composition shingles.
Roofing
Aug 20, 2021 • Final
Re-roof
Perform a residential re-roofing project. Remove existing asphalt composition shingles and replace them with new asphalt composition shingles.
Roofing
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking Information
Parking Description: Attached Garage, Detached, Off-Street Parking, Parking Area