156 Archer St, SALINAS, CA – $3,700,000

  • $3.7M Price
  • 13,832 Sqft
  • .56 Acres
  • $3.7M Price
  • 13,832 Sqft
  • .56 Acres

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156 Archer St

Very well maintained 18 unit apartment building in downtown Salinas. The property consists of 8 - 2 Bedroom units and 10 - 1 bedroom units. Within the past 3 years the units have new roofs, new exterior paint, new stairwells and a new driveway. Interiors of units have been updated over time with most being in fair condition. There is an on-site laundry facility and 18 carport spaces with 7 additional open spaces for guests. 10 of the units have private patio areas on the first floor. There is a solid rental demand for this neighborhood and a good upside with rents and a positive cash flow. Walking distance to downtown restaurants, movie theater and shopping and 1 block from 1 private and 1 public elementary school.

Essential Information

  • MLS® #ML81753955
  • Price$3,700,000
  • Square Footage13,832
  • Acres0.56
  • Year Built1972
  • TypeMulti-Residential
  • Sub-TypeFive or More Units
  • StatusContingent

Community Information

  • Address156 Archer St
  • AreaSouth Salinas - E & F
  • CountyMonterey
  • StateCA
  • Zip Code93901


  • UtilitiesPublic Utilities
  • Parking Spaces7


  • HeatingWall Furnace
  • CoolingNo Cooling


  • Lot DescriptionGrade - Level
  • RoofComposition Roof
  • FoundationConcrete Slab

Additional Information

  • ZoningMDR

Listing Details

  • AgentSean Griffin
  • OfficeAgency One Real Estate
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Price Change History for 156 Archer St, SALINAS, CA (MLS® #ML81753955)

Date Details Price Change
Contingent (from Active)

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