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For sale
  • $1,550,000

    75 S Madeira Ave, Salinas, CA 93905

    --beds
    --baths
    3,136sqft
    : 
    Quadruplex,
    Built in 1964
    -- sqft lot
    $1,481,700 Zestimate®
    $494/sqft
    $-- HOA

    What's special

    Two one-level buildingsTwo bedroomsLaundry hook-up
    Great investment opportunity. Low-maintenance 4-plex with two one-level buildings on a large 11,900+ square foot lot. Annual Gross Income $106,560.00. All units have two bedrooms, one full bath, and laundry hook-up with yards/patios. Walking distance to markets, restaurants/deli, parks, and schools in established Sherwood neighborhood. All leases are month-to-month, conventional residential financing for 4-plex or cash or maybe your 1031 Exchange clients.
    104 days
    on Zillow
    |
    322
    |
    8
    |

    Zillow last checked: 7 hours ago

    Listing updated: May 30, 2025 at 07:24pm

    Listed by:

    Debra Ann Demos 01104266 831-818-9137,

    eXp Realty of California Inc

    Source: MLSListings Inc,MLS#: ML81995311MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 75 S Madeira Ave.

    Next available tour time:Tomorrow at 11am

    Facts & features

    Interior

    Heating
    • Wall Furnace
    Cooling
    • None
    Appliances
    • Laundry: Hookups Only
    Features
    • Doors: None
    Interior area
    • Total structure area: 3,136
    • Total interior livable area: 3,136 sqft

    Property

    Parking
    • Total spaces: 8
    • Parking features: Common
    • Has carport: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Stories: 1
    Lot
    • Size: 0.27 Acres
    • Features: Level
    Details
    • Parcel number: 003031031000
    • Zoning: 4 plex
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Traditional
    • Property subtype: Quadruplex,
    Materials
    • Foundation: Concrete Perimeter and Slab
    • Roof: Composition
    Condition
    • Year built: 1964

    Utilities & green energy

    • Gas: IndividualGasMeters, PublicUtilities
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Public Utilities, Water Public, Individual Gas Meters

    Community & HOA

    Location
    • Region: Salinas

    Financial & listing details

    • Price per square foot: $494/sqft
    • Tax assessed value: $743,676
    • Annual tax amount: $8,714
    • Date on market: 2/25/2025
    • Listing agreement: ExclusiveRightToSell
    • Listing terms: CashorConventionalLoan
    • Inclusions: OvenRangeAllUnits
    • Lease term: Month To Month
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