
Salinas, California 93906
$926,945**
Condition Rating of 4
attached 2-car garages
private outdoor patios
Prime Rental Location
Stable Income Stream
Value-Add opportunity
Buy-and-Hold Investors
Portfolio Managers
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Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12911 Barkley Drive Subject | $1,150,000* List Price | 0 | 0 | 2,973 | $312 | - |
A 18848 Eisenhower Street Sold | $940,000 | 0 | 0 | 2,880 | $326 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1981, this triplex is exceptionally well-maintained but remains largely in its original or older updated state. The kitchens feature dated oak-style cabinetry, laminate countertops, and older white appliances, while the bathrooms and flooring show signs of being outdated. It meets the 'fair' criteria as an aged property maintained through regular upkeep without recent major renovations.
Each unit includes a rare attached 2-car garage, private outdoor patio, and dedicated laundry hookups, significantly increasing tenant desirability and long-term retention.
The property features long-term tenants and a 'pride-of-ownership' maintenance history, providing an investor with immediate cash flow and minimized initial vacancy risk.
Situated in North Salinas within walking distance to schools and near major commuter routes, the location ensures a consistent pool of prospective renters.
With long-term tenants in place, current rents may be below market value, potentially requiring a transition period before the owner can achieve maximum market yield.
Built in 1981, the property may require upcoming capital expenditures for major systems or modern cosmetic updates to maintain its competitive edge against newer builds.
Excellent opportunity to acquire a well-maintained North Salinas tri-plex featuring three spacious 2 bedroom, 1.5 bath units. Each unit offers its own attached 2-car garage, washer and dryer hookups, and private outdoor patio space. This pride-of-ownership property has been carefully maintained and provides a functional layout that tenants appreciate. Long-term tenants currently in place offer stable occupancy. Conveniently located within walking distance to nearby schools with easy access to shopping, dining, and major commuter routes. Property address is 12911, 12913 & 12915 Barkley Drive.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 2,973 | 2,926.5 | 50% |
| Lot Size | 9,193 | 7,877 | 50% |
| Price | $1.15M | $1.04M | 50% |
| Price per sq ft | $387 | $357 | 50% |
| Built year | 1981 | 1980 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 37 | 103 | 50% |
Mar 16, 2026
$1,150,000
Initial Listing