18761 Eisenhower Street, Salinas, California 93906, Salinas, 93906 - 0 bed, 0 bath
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Salinas, California 93906
This Triplex Residential Income Asset offers a stabilized investment opportunity in North Salinas, listed at $1,045,000. The pricing reflects the property's Immediate Income Stability and premium amenities compared to the $959,959 Fair Market Value. Each unit features a private 2-car attached garage, washer/dryer hookups, and a private patio. Located within walking distance to local schools in the North Salinas area, the property maintains a Condition Rating of 4. This well-maintained asset provides clear Value-Add potential for Buy-and-Hold Investors or Portfolio Managers seeking reliable cash flow.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 18761 Eisenhower Street Subject | $1,045,000* List Price | 0 | 0 | 3,208 | $299 | - |
A 18848 Eisenhower Street Sold | $940,000 | 0 | 0 | 2,880 | $326 | 0.1 mi |
B 12911 Barkley Drive Active | $1,150,000 List Price | 0 | 0 | 2,973 | $387 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is well-maintained and move-in ready for tenants, but it is aesthetically outdated. Built in 1979, the interior features original-style oak cabinetry, brown tile countertops in the kitchen and fireplace, and dated bathroom vanities and fixtures. While the flooring and some appliances have been updated, the overall style and major components reflect the property's age without a recent comprehensive renovation.
Each unit features a private 2-car attached garage, washer/dryer hookups, and a private patio, which are premium features that drive high tenant retention and rental demand.
This pride-of-ownership triplex is well-maintained and occupied by long-term tenants, providing immediate cash flow and reduced vacancy risk for the incoming investor.
The property is strategically located within walking distance to schools and offers convenient access to shopping, dining, and major commuter routes, ensuring long-term desirability.
While long-term tenants provide stability, current rental rates may be below market value, potentially requiring a strategic plan to align income with current Salinas market standards.
Built in 1979, the property may soon require capital expenditures for aging infrastructure or system upgrades to maintain its well-cared-for condition over the next decade.
Well-maintained tri-plex featuring 2 spacious 2-bedroom, 1-bathroom units and 1 2-bedroom, 2-bath unit. Each unit boasts its own private 2-car attached garage, washer and dryer hookups, and private outdoor patio space, perfect for relaxing or entertaining. This pride-of-ownership property has been thoughtfully cared for over the years and offers a functional, tenant-friendly layout that residents love. It currently enjoys strong occupancy with long-term tenants in place, providing immediate income stability and reliable cash flow. Ideally located in North Salinas, the property is within walking distance to schools and offers convenient access to shopping, dining, and major commuter routes.
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 | 3,208 | 3,044 | 50% |
| Lot Size | 8,970 | 7,765.5 | 50% |
| Price | $1.04M | $992.5K | 50% |
| Price per sq ft | $326 | $326 | 50% |
| Built year | 1979 | 1979 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 20 | 94 | 50% |
Apr 2, 2026
$1,045,000
Initial Listing