157 Central Ave is an
8-unit apartment complex located in Downtown Salinas, adjacent
to Hartnell College and Monterey County government offices. The
property consists of six studio apartments within the two-story
main building, along with two detached units: one one-bedroom/
one-bath unit and one three-bedroom/one-bath unit. The property
has historically experienced very low tenant turnover, providing a
stable and consistent rental history. The one-bedroom/one-bath
unit can be delivered vacant at closing, offering an owner-user
the opportunity to occupy the unit or an investor the flexibility to
lease it at market rates.