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Listed by Real Brokerage Technologies, The C Group, Kyle Murphy Listing Contact: 831-601-8936
5,853 sqft

$1,900,000

1200 W Market CIR, Salinas CA, 93901

Price per sqft$324.62
Built in1914
Property size5,853 sqft
Property typeResidential

Overview

Active

Listed May 7, 2026

Updated 5 days ago

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.

$12,641/mo

Est. mortgage payment based on a $1,900,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
ML82046180

Interior Features

Heating
Yes
Basement
No

Exterior Features

Lot Size
0.13 Acres

Other Property Details

Garage
Yes
MLS provider logo

Listed by Real Brokerage Technologies, The C Group DRE:70010221, Kyle Murphy
Listing Contact: 831-601-8936 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Bailey Papazian shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the MLS Listings, Inc. MLS system. Real estate listings held by brokerage firms other than Bailey Papazian are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents.

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Data last updated 1:31 PM UTC, 9/28/2026

 

 

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