North Hebbron, Salinas, CA 93905
SOLD
JAN 26, 2026

North Hebbron
Salinas, CA 93905

Alisal
  • 2 Beds
  • 3 Baths
  • 14,328 sqft (on 0.46 acres)

$4,150,000

Last Sold: Jan 26, 2026
6% below list $4.39M
$290/sqft
Est. Refi. Payment $24,798/mo*
Refinance Your Home

$4,150,000

Last Sold: Jan 26, 2026
6% below list $4.39M
$290/sqft
Est. Refi. Payment $24,798/mo*
Refinance Your Home
2 Beds
3 Baths
14,328 sqft
(on 0.46 acres)

Local Information

  • Map ViewExplore the area around North Hebbron.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Description

This multifamily offering presents investors with a rare opportunity to acquire a well-located asset in the Salinas market characterized by exceptionally tight housing supply and robust long-term fundamentals. With current rents approximately 24.5% below market, the property offers significant upside potential through rent repositioning, management efficiency, or light value-add improvements. The property has received lots of upgrades in the past 4 years: 3 units have undergone major renovations, with 10 other units receiving varying levels of upgrades such as new kitchens, new tub and surround replacements (including plumbing), new kitchens with shaker cabinets, quartz countertops, etc. All electrical subpanels (18) and main electrical panels (3) have been replaced. The majority of roofing was replaced, plus new facia, gutters and downspouts. Siding replacement was done on the end unit kick-outs. The exterior received a full paint job. Most water heaters have been replaced in the last four years. Loan assumable at 3.58% interest rate with 3 years remaining. Current cap rate of 5.47% with pro forma cap rate of 8.73%!
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from June 12, 2026

Home Highlights

Parking
Carport
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
$290/sqft
Listed
180+ days ago

Home Details for North Hebbron

Interior Features

Beds & Baths
Number of Bedrooms: 2Number of Bathrooms: 3
Dimensions and Layout
Living Area: 14328 Square Feet
Appliances & Utilities
Utilities: Water Public
Heating & Cooling
Heating: Wall FurnaceNo CoolingAir Conditioning: NoneHeating Fuel: Wall Furnace
Gas & Electric
Gas: IndividualGasMeters
Windows, Doors, Floors & Walls
Door: Other
Levels, Entrance, & Accessibility
Accessibility: Other

Exterior Features

Exterior Home Features
Roof: FlatFoundation: Wood Frame
Parking & Garage
Has a CarportNo GarageParking Spaces: 6Parking: Assigned,Off Street
Water & Sewer
Sewer: Public Sewer

Property Information

Year Built
Year Built: 1979
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Five Or More Units, Residential Income
Property Information
Included in Sale: OtherParcel Number: 004074048000

Price & Status

Price
List Price: $4,395,000Price Per Sqft: $290/sqft

Location

Direction & Address
City: Salinas
School Information
Elementary School District: SalinasCityElementaryHigh School District: SalinasUnionHigh

Building

Building Area
Building Area: 14328

Community

Units in Building: 18

Lot Information

Lot Area: 0.46 acres

Listing Info

Special Conditions: Standard

Offer

Listing Agreement Type: ExclusiveRightToSell

Miscellaneous

Mls Number: ML82012531
Last check for updates: about 19 hours ago
Listed by Alex Budka 01913403, (831) 275-5370
Redwood Property Company, (831) 224-6903
Joe Budka 01913402, (831) 224-6903
(831) 224-6903
Bought with: Deba Christensen 00990575, (831) 236-8800, Coldwell Banker Realty, (831) 626-2221
Source: MLSListings Inc, MLS#ML82012531

Price History for North Hebbron

DatePriceEventSource
01/26/2026$4,150,000Sold
MLSListings Inc #ML82012531
10/29/2025$4,395,000ContingentMLSListings Inc #ML82012531
06/26/2025$4,395,000Listed For SaleMLSListings Inc #ML82012531

Market trends in Salinas

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$767K
$6KMoM
Sale-to-List Price
99.7%
0.1%MoM
Price per sq ft
$513
$14MoM
Available listings
185
2MoM
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Comparable Sales for North Hebbron

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
E Laurel Dr, Salinas, CA
0.28
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$3,550,000
11/14/25
2
1
11,200
Elkington Ave, Salinas, CA
0.78
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$2,150,000
05/12/26
2
1
9,185
1415 Wiren St, Salinas, CA
0.27
Multi-Family Home
$500,000
07/02/25
4
2
1,945
782 Kilbreth Ave, Salinas, CA
0.65
Multi-Family Home
$750,000
04/15/26
5
4
2,006
1126 Pacific Ave, Salinas, CA
0.61
Multi-Family Home
$720,000
04/02/26
3
2
828
948 Rider Ave, Salinas, CA
0.72
Multi-Family Home
$775,000
02/12/26
5
3
1,446
903 Rider Ave, Salinas, CA
0.76
Multi-Family Home
$1,125,000
08/11/25
6
5
2,811
723-725 Kilbreth Ave, Salinas, CA
0.73
Multi-Family Home
$830,000
10/03/25
5
4
2,012

Nearby homes

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Assigned Schools

These are the assigned schools for North Hebbron.

Neighborhood Overview

Alisal
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Alisal

At least 30 Trulia users voted on each feature.

  • 90 % Say there are sidewalks

  • 72 % Say yards are well-kept

  • 71 % Say there's holiday spirit

  • 64 % Say it's dog friendly

  • 63 % Say kids play outside

  • 63 % Say car is needed

  • 63 % Say it's walkable to grocery stores

  • 62 % Say they plan to stay for at least 5 years

  • 60 % Say streets are well-lit

  • 50 % Say it's walkable to restaurants

  • 48 % Say neighbors are friendly

  • 44 % Say parking is easy

  • 41 % Say there are community events

  • 34 % Say people would walk alone at night

  • 28 % Say it's quiet

  • 13 % Say there's wildlife

Sourced by Trulia users. Learn more about our methodology.
  • Anabel C.
    "Not too bad, Decent traffic but could be a lot worse. Traveling at speed limit minimum most of the time "
    0
    Flag
  • Bmadrigal831
    "Nothing special happens in my neighborhood but I wish people would come together for activities for the kids"
    0
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  • Stephen J.
    "Nieghbors are friendly and we've lived here for 10 years. No violence and thefts are uncommon I think it is a good area to live with your family and friends. Steve and Rachel "
    3
    Flag
  • Stephen J.
    "it's a dog friendly community. and we have no problem with pets. our neighbors have dogs and cats. "
    4
    Flag
  • adsaranda
    "They would like that there is a park close by where they can walk the dog and their kids can play. The neighbors are very friendly and there are stores nearby..."
    0
    Flag

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Apartments for Rent

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Homes for sale near North Hebbron

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Off Market Homes Near North Hebbron

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Based on information from the MLSListings MLS as of 2026-06-22 15:49:39 PDT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
North Hebbron, Salinas, CA 93905 is a 2 bedroom, 3 bathroom, 14,328 sqft multi-family built in 1979. North Hebbron is located in Alisal, Salinas. This property is not currently available for sale. North Hebbron was last sold on Jan 26, 2026 for $4,150,000 (6% lower than the asking price of $4,395,000). The current Trulia Estimate for North Hebbron is $4,158,300.