OPEN HOUSE TOUR THURS FEB 20TH FROM 11A-1P TO VIEW THE INTERIOR OF THE UNITS. This is a rare opportunity to acquire a 10-unit multi-family property spread across six buildings, featuring a desirable mix of three-bedroom and two-bedroom units in a high-demand rental market. The owner has renovated units as they have turned over and purposefully left 3 units vacant for the new owner to fill at market rate rents. This well-maintained asset offers a steady income stream, with room for rental growth and operational efficiencies. Diverse Unit Mix: (4) Three-bedroom units & (5) Two bedroom units, (1) large one-bedroom unit Strong Occupancy: High tenant retention with consistent rental demand Expansion & Value-Add Potential: Opportunity to increase rents through renovations, or redevelopment Prime Location: Located just off Highway 1 and situated near major employers, transportation, and amenities Stabilized & Income-Producing: Immediate cash flow with upside potential
Multi-familyProperty Type
1968Year Built
3.95 acresLot Size
$352Price/Sq.Ft.
Listed by James Kendall•DRE #02010395• Baird Partnership, Inc.
Bought with Raeid Farhat•DRE #01295607• Raeid Farhat Real Estate Inc
bridgeMLS, Bay East AOR, or Contra Costa AOR #ML82063659
Oct 6, 2026
Listing Removed
—
bridgeMLS, Bay East AOR, or Contra Costa AOR #ML81994165
Mar 18, 2025
Sold
$2,850,000
$352/sq ft
Feb 14, 2025
Listed
$2,850,000
$352/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$4,313 (+7.4%)
$357,000 + $2,550,000
$2,907,000
2024
$4,016 (+2.4%)
$23,114 + $205,487
$228,601
2023
$3,922 (+2.4%)
$22,661 + $201,458
$224,119
2022
$3,830 (+2.2%)
$22,217 + $197,508
$219,725
2021
$3,746 (+19.8%)
$21,782 + $193,636
$215,418
2020
$3,126 (+2.2%)
$21,355 + $189,840
$211,195
2019
$3,060 (+2.2%)
$21,137 + $187,894
$209,031
2018
$2,995 (+1.1%)
$20,723 + $184,210
$204,933
2017
$2,961 (+2.7%)
$19,919 + $177,058
$196,977
2016
$2,884
$19,919 + $177,058
$196,977
2015
$2,884 (+1.8%)
$19,529 + $173,587
$193,116
2014
$2,832 (+0.9%)
$18,860 + $167,631
$186,491
2013
$2,805 (+4.9%)
$18,860 + $167,631
$186,491
2012
$2,674 (−4.1%)
$18,775 + $166,874
$185,649
2011
$2,787 (+0.2%)
$18,407 + $163,602
$182,009
2010
$2,780 (−0.1%)
$18,047 + $160,395
$178,442
2009
$2,784 (+1.7%)
$17,913 + $159,197
$177,110
2008
$2,737
$17,956 + $159,576
$177,532
Tax history for 904 Salinas Rd
Year
Property tax
Land + Additions
Assessment*
2025
$4,313 (+7.4%)
$357,000 + $2,550,000
$2,907,000
2024
$4,016 (+2.4%)
$23,114 + $205,487
$228,601
2023
$3,922 (+2.4%)
$22,661 + $201,458
$224,119
2022
$3,830 (+2.2%)
$22,217 + $197,508
$219,725
2021
$3,746 (+19.8%)
$21,782 + $193,636
$215,418
2020
$3,126 (+2.2%)
$21,355 + $189,840
$211,195
2019
$3,060 (+2.2%)
$21,137 + $187,894
$209,031
2018
$2,995 (+1.1%)
$20,723 + $184,210
$204,933
2017
$2,961 (+2.7%)
$19,919 + $177,058
$196,977
2016
$2,884
$19,919 + $177,058
$196,977
2015
$2,884 (+1.8%)
$19,529 + $173,587
$193,116
2014
$2,832 (+0.9%)
$18,860 + $167,631
$186,491
2013
$2,805 (+4.9%)
$18,860 + $167,631
$186,491
2012
$2,674 (−4.1%)
$18,775 + $166,874
$185,649
2011
$2,787 (+0.2%)
$18,407 + $163,602
$182,009
2010
$2,780 (−0.1%)
$18,047 + $160,395
$178,442
2009
$2,784 (+1.7%)
$17,913 + $159,197
$177,110
2008
$2,737
$17,956 + $159,576
$177,532
*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
Permits
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
3.95 Acres
Year renovated
—
Sq. Ft.
—
Year built
—
Style
Multi-Family (5+ Unit)
County
Monterey County
APN
117481034000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 5, 2026.
Jan 7, 2020 • Final
Re-roof
Remove and replace the existing asphalt composition shingles on a two-family residential building.
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
Total # of Parking Spaces: 10
Interior
Multi-Unit Information
Number Of Units Total: 10
Cap Rate: 6.46
Exterior
Building Information
Building Area Total: 8,098
Exterior Features
Roof: Shingle
Property Information
Living Area: 8098
Living Area Units: Square Feet
Property Type: COMM RI MULTI-UNITS 5+
Year Built: 1968
Lot Information
Lot Size Square Feet: 172004
Lot Size Area: 3.9487
Lot Size Units: Acres
Lot Size Acres: 3.9487
Zoning: RC
Financial
Tax Information
Tax Annual Amount: $31,350
Utilities
Utility Information
Water Source: Public
Heating & Cooling
Has Heating
Heating: Wall Furnace
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: 3.95 acres
Style: Multi-Family (5+ Unit)
Year Built: —
Year Renovated: —
County: Monterey County
APN: 117481034000
Home facts updated by county records on Oct 5, 2026
Around this home
Schools
Ohlone Elementary School
Public K-6 • Assigned • 0.6mi
4/10
Pajaro Middle School
Public 6-8 • Assigned • 1.6mi
2/10
Watsonville High School
Public 9-12 • Assigned • 2.4mi
4/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.46% chance of being in a wildfire in next 30 years
2/10 Heat Factor
4 days above 83° expected this year, 8 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
6/10 Air Factor
9 unhealthy days expected this year, 11 days in 30 years
Provided by First Street
Historical weather
Royal Oaks, CA • 95076
Average low and high temperatures (°F)
64
45
65
47
69
49
66
49
68
51
68
54
70
56
72
56
73
59
72
54
65
48
64
47
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 11.3 hours in
June and 4.8 hours in December, placing it above the
U.S. average for solar exposure.
Property information provided by bridgeMLS, Bay East AOR, or Contra Costa AOR when last listed in 2025. This data may not match public records. Learn more.