109 San Juan Grade Rd

Beds
Baths
12,120 Sq. Ft.
$304 / Sq. Ft.
12,120
Sq. Ft.
$304
per Sq. Ft.

Description

ALL 2-bedroom & 1.5 bathroom townhomes! 109 San Juan Grade Road presents an attractive multifamily investment opportunity in Salinas, California. The property features a desirable unit mix consisting entirely of two bedroom, one and a half bathroom townhome style units, a layout that consistently attracts long term tenants and supports strong rental demand. 109 San Juan Grade Road offers investors a stable income producing asset with a highly desirable unit mix and long term upside in one of Monterey...ALL 2-bedroom & 1.5 bathroom townhomes! 109 San Juan Grade Road presents an attractive multifamily investment opportunity in Salinas, California. The property features a desirable unit mix consisting entirely of two bedroom, one and a half bathroom townhome style units, a layout that consistently attracts long term tenants and supports strong rental demand. 109 San Juan Grade Road offers investors a stable income producing asset with a highly desirable unit mix and long term upside in one of Monterey Countys most active rental markets. Located in a well established Salinas neighborhood, the property benefits from the citys stable employment base driven largely by the agricultural industry. Salinas is home to major agricultural producers, food processing companies, and distribution centers that support year round housing demand.
  1. Listed by Mitchell Zurich • DRE #01870648 • Brokerage DRE #01240999 • Marcus & Millichap • 408-888-9594

Property Details for 109 San Juan Grade Road

MLS City Name
SALINAS
Building Type
Other
Garage Spaces
0
Parking Spaces
18
LISTING UPDATED: 03/17/2026 05:21 PM

Property Details for 109 San Juan Grade Road

StatusContingent
MLS #ML82038104
Days on Compass14
Taxes$44,946 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family 5+
MLS Type5+ Units / Five or More Units
Year Built1978
Lot Size0.50 AC / 21,679 SF
CountyMonterey County

Location

Listing Courtesy of Marcus & Millichap, Mitchell Zurich, DRE #01870648
Add your commute

Building Information for 109 San Juan Grade Road

Stories-Residences-Year Built1978Building Size-Lot Size0.50 AC / 21,679 SF

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OriginPoint Mortgage or Rocket Mortgage1

$21,654 per month

30 year fixed, 6.11% Interest

Principal and Interest

$17,908

Property Taxes

$3,746

HOA Dues

$0

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Property Information for 109 San Juan Grade Road

Features
Features
  • Fireplace: No
  • Living SqFt: 12120
  • Pool: No
  • Security Features: None
  • Special Features: None
Utilities
  • Cooling: Other
  • Heating: Wall Furnace
  • Meters: Master Water
  • Sewer Septic: Sewer Connected
  • Utilities: Individual Electric Meters
  • Water: Water On Site
Carport and Parking
  • Carport Min: 0
Garage
  • Garage and Parking: Assigned Spaces
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Min Num Of Units in Complex: 12
  • Area Text: Northgate/Sherwood Gardens, Santa Rita
  • Restrictions: None
  • Roof: Composition
  • Subclass: Five or More Units
  • Year Built Source: Assessor
  • Street Number: 109
  • Street Name: San Juan Grade
  • Street Suffix: Road
  • Area ID: 60
Lot / Property Details
Building Information
  • Number of Buildings: 5
  • Structure SqFt: 12120
  • Structure SqFt Source: Assessor
  • Age: 48
Development Information
  • Ownership Type: Individual
  • Zoning Detail: 7
Location Information
  • City Limits: Yes
  • Parcel Number: 253-111-013-000
  • County Name: Monterey
  • City Name: SALINAS
  • City Postal ID: 5389
  • Postal Code: 93906
  • Elementary School District: 446
  • High School District Text: Salinas Union High
Lot Information
  • Foundation: Concrete Perimeter and Slab
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
Multi Family Information
Building Information
  • No Of Leased: 12
General Information
  • Annual Tax Amount: $44,946
  • Capitalization Rate: 5.82
  • Tenant Expenses: Utilities - Electric
  • Income Includes: Laundry, Other
  • Vacancy Factor: 3
Income / Expense Details
  • Expense Insurance: $13,422
  • Expense Landscape: $2,400
  • Expense Maintenance: $7,800
  • Expense Management: $16,492
  • Expense Trash: $13,027
  • Expenses Other: $557
  • Expenses Utility: $15,563
  • Expenses Total: $115,207
  • Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance, Services - Gardener, Services - Trash Removal, Utilities, Vacancy Factor
  • Gross Rent Multiplier: 10.89
  • Income Annual Gross: $328,817
  • Income Annual Rental: $305,220
  • Income Gross Scheduled: $338,987
  • Income Other: $33,767
Unit 1 Information
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Half Bathrooms: 1
  • Unit 1 Number of Bedrooms: 2

Property History for 109 San Juan Grade Road

DateEvent & SourcePriceAppreciation
Mar 17, 2026

Contingent - Show

MLSListings #ML82038104

Mar 15, 2026

Pending

MLSListings #ML82038104

Mar 15, 2026

Pending

EBRD #ML82038104

Mar 15, 2026

Contingent - Show

MLSListings #ML82038104

Mar 11, 2026

Listed (Active)

EBRD #ML82038104

$3,690,000
Mar 11, 2026

Listed (Active)

MLSListings #ML82038104

$3,690,000
May 19, 2021

Sold (Public Record)

Public Record #1461556575

$1,835,000

+2.0% / yr

Sep 2, 2014

Sold

RESFAR #81408466

$1,600,000
Sep 2, 2014

Sold

EBRD #ML81408466

$1,600,000
Sep 2, 2014

Sold

MLSListings #ML81408466

$1,600,000
Aug 5, 2014

Sold (Public Record)

Public Record #434072604

$1,600,000
May 2, 2014

Pending

MLSListings #ML81408466

May 2, 2014

Pending

EBRD #ML81408466

May 2, 2014

Pending

RESFAR #81408466

Mar 17, 2014

Listed (Active)

EBRD #ML81408466

$1,800,000
Mar 17, 2014

Listed (Active)

RESFAR #81408466

$1,800,000
Mar 17, 2014

Listed (Active)

MLSListings #ML81408466

$1,800,000
DateEvent & SourcePrice
03/17/2026

Contingent - Show

MLSListings #ML82038104

03/15/2026

Pending

MLSListings #ML82038104

03/15/2026

Pending

EBRD #ML82038104

03/15/2026

Contingent - Show

MLSListings #ML82038104

03/11/2026

Listed (Active)

EBRD #ML82038104

$3,690,000
03/11/2026

Listed (Active)

MLSListings #ML82038104

$3,690,000
05/19/2021

Sold (Public Record)

Public Record #1461556575

$1,835,000

+2.0% / yr

09/02/2014

Sold

RESFAR #81408466

$1,600,000
09/02/2014

Sold

EBRD #ML81408466

$1,600,000
09/02/2014

Sold

MLSListings #ML81408466

$1,600,000
08/05/2014

Sold (Public Record)

Public Record #434072604

$1,600,000
05/02/2014

Pending

MLSListings #ML81408466

05/02/2014

Pending

EBRD #ML81408466

05/02/2014

Pending

RESFAR #81408466

03/17/2014

Listed (Active)

EBRD #ML81408466

$1,800,000
03/17/2014

Listed (Active)

RESFAR #81408466

$1,800,000
03/17/2014

Listed (Active)

MLSListings #ML81408466

$1,800,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 109 San Juan Grade Road

Taxable ValueLand$1,082,432Additions$1,731,891Total$2,814,323
Tax Record2025$34,399 ($2,867 / month)
Home Facts
Baths18Total Finished SqFt2,061 SqFtAbove Grade Finished SqFt2,061 SqFtStories2Lot Size21,678 SqFtStyleMulti-Family Res (5+ Units)Year Built1978CountyMONTEREYAPN253-111-013-000Fireplace TypeHas Fireplace

Schools near 109 San Juan Grade Road

This home is within Salinas Union High School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Santa Rita Elementary School
PublicK to 5

Gavilan View Middle School
Public6 to 8

Everett Alvarez High School
Public9 to 12

McKinnon School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Marcus & Millichap, Mitchell Zurich, DRE #01870648

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.