20 S Hebbron Ave , Salinas, CA 93905
$1,099,000
Est. Payment: $5,994.71/mo
12 Bed
4134 Sqft
0.22 Acres
Status: Pending | Days on site: 12
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ML5014371 - ML5102428,ML5102432
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House Description

Investment opportunity featuring four spacious 3-bedroom, 1.5-bath units situated across two separate buildings. Do not disturb occupants. The property offers approximately 4,320 square feet of total building area, with each building measuring approximately 2,160 square feet and containing two units. Each unit features a functional single-level floor plan with three bedrooms and 1.5 bathrooms. The half bath is located within a large walk-in closet in the primary bedroom, providing potential space to add a shower and create a second full bathroom, subject to buyer investigation, permits, and local requirements. The property is in need of some TLC and updating, offering an opportunity for a new owner to make improvements over time and enhance its overall appeal and value. Current rents are below fair market value, providing additional long-term upside for an investor. Any future rent increases are subject to applicable City of Salinas rent regulations and should be independently verified by the buyer. A solid investment opportunity offering spacious 3-bedroom units, existing rental income, below-market rents, and future value-add potential.

Highlights

Listed by Chantel Henson , 831-809-4100 and Betty Stringer , 831-801-0730 Compass , (831) 318-0150. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family

Lot/Acreage
0.22

Year Built

1965

County

Monterey

Area

699 - Not Defined

School District

Other

Listing ID

ML82057881

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:12
Water:Public

Exterior Features

Lot:No Land Lease
Garage Capacity:0
Zoning:CR
Roof:Composition
Sewer:Public Sewer
Principal Interest
$5,995
Taxes
$166

Home Price

$1,099,000

Loan Details

30 yrs
7.245%

Down Payment

20%
$219,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$5,994.71

Principal

Taxes

Principal Taxes HOA Total
Monthly $5,994.71 $166.25 $0.00 $6,160.96
Yearly $71,936.55 $1,995.00 $0.00 $73,931.55
Total $2,158,096.48 $59,850.00 $0.00 $2,217,946.48

Today's Rates

30 Year

7.25%

20 Year

7.27%

15 Year

6.6%

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Market insight data is pulled from the same city as the listing being viewed (Salinas, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-10-04T19:12:51.000Z

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