Off Market Mar 2025 for $2.8M

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Est. refi paymentEst. refi $15,931/mo

—

•

— ba

•

8,098

sq ft

904 Salinas Rd, Royal Oaks, CA 95076

About this home

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.

10 spacesParking

Listed by James Kendall •DRE #02010395 • Baird Partnership, Inc.

Contact: 831-275-0129

Bought with Raeid Farhat •DRE #01295607 • Raeid Farhat Real Estate Inc

Bought with • Raeid Farhat Real Estate Inc

Redfin checked: 2 minutes ago

•Source:MLSListings #ML81994165

Redfin Estimate

There isn’t enough information to generate an accurate estimate at this time. Learn More

Market trends in 95076, CA

Last updated August 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price

98.6%

+0.2% MoM

Median sale price

$800K

$346 MoM

Avg. days on market

21d

0 days MoM

Recently sold homes

10 MoM

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See all

Provided by Redfin

Sale 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

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 Sep 8, 2026.

Property details

Parking

Parking Information
Carport (Minimum): 10
Parking Description: Carport, Common Parking Area
Parking Spaces: 10

Interior

Heating & Cooling Information
Heating: Wall Furnace

Multi-Unit Information
# of Units in Complex (Minimum): 10
Annual Rental Income: $276,600
Annual Gross Income: $276,600
Gross Rent Multiplier: 10.30
Gross Scheduled Income: $276,600
Other Expenses: $4,000
Total Expenses: $92,446

Exterior

Exterior Features
View: Hills
Roof: Composition

Building Information
# of Buildings: 6
Subclass: 5+ Units
Pillars/Posts/Piers

Property Features
Living Sq. Ft.: 8,098
Special Features: Parking

Property Information
Property Primary ID: 724144
Restrictions: Pets (Not Allowed)
Tenant Expenses: Utilities (Electric), Utilities (Gas), Utilities (Heating), Utilities (Water)

Land Information
Landscape Expense: $3,000

Lot Information
Lot Acres: 3.9487
Lot Size Area Minimum Units: Sq. Ft.
Lot Size Area Maximum Units: Sq. Ft.
Lot Size Source: Assessor
Zoning: RC

Financial

Tax/Assessment Information
Annual Tax Amount: $31,350

Utilities

Utility Information
Meters: Separate Electric, Separate Gas, Separate Water
Sewer Septic: Existing Septic
Utilities: Individual Electric Meters, Individual Gas Meters

Water Information
Water: Public

Location

School Information
Elementary School District: Pajaro Valley Unified
High School District: Pajaro Valley Unified

Location Information
Located across from the Pajaro Valley Golf Course

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 Sep 8, 2026

Other

Miscellaneous Information
Incorporated: No

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)

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.

11.3 hrs

4.8 hrs

JuneDecember

Provided by Shadowmap

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Home values near 904 Salinas Rd

Data from public records.

Address	Redfin Estimate
898 Salinas Road, Watsonville, CA 3 Beds \| 2 Baths \| 1508 Sq. Ft.	$951,045
902 Salinas Road, Royal Oaks, CA 5 Beds \| 3 Baths \| 3395 Sq. Ft.	$1,270,667

Address	Redfin Estimate
910 Salinas Road, Royal Oaks, CA 1 Beds \| 2 Baths \| 1516 Sq. Ft.	$835,447
950 Salinas Road, Royal Oaks, CA 1 Beds \| 1.5 Baths \| 1538 Sq. Ft.	$878,545

Address	Redfin Estimate
900 Salinas Road, Royal Oaks, CA 2 Beds \| 3 Baths \| 3048 Sq. Ft.	$1,089,632
944 Salinas Road #A, Royal Oaks, CA 3 Beds \| 1 Baths \| 1170 Sq. Ft.	$715,011

Property information provided by MLSListings when last listed in 2025. This data may not match . Learn more.

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About this home

Redfin Estimate

Market trends in 95076, CA

Sale history for 904 Salinas Rd

Tax history for 904 Salinas Rd

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Is this your home?

Nearby similar homes

New listings for sale in 95076

Home values near 904 Salinas Rd

More real estate resources