Main St, Salinas, CA, 93901
About This Home
This iconic six-story property is located in the heart of downtown Salinas and just blocks away from the Taylor Farms Headquarters and Monterey County Superior Courthouse. The ground floor of the building is leased to Alvarado Street Brewerys art deco styled restaurant, Alvarado on Main. Floors 2 - 6 were converted from office space in 2022 to fifty (50) residential studio apartment units. The apartments are equipped with wide-plank oak flooring, stainless steel appliances, quartz countertops, LED illuminated vanity mirrors, and spacious showers. Approximately 5,000 SF of Trex decking has been installed on the roof of the building, as well as a viewrail glass railing around the perimeter of the roof space. The building is equipped with a ButterflyMX Smart Intercom service, laundry rooms on each floor (2 washers and 2 dryers per residential floor), mail room, storage spaces located in the basement (available at an additional cost), on-site manager, and internal ground floor access to the Alvarado on Main restaurant. The property has been designated historic and is part of the Mills Act Program, which provides significant property tax savings.
Getting Around
Walker's Paradise
Good Transit
BikeableSchools
Construction
Condition
- Year built: 1930
Materials
- Foundation: Concrete Perimeter and Slab
- Roof: Flat
Type & Style
- Home type: MultiFamily
- Property subType: Five Or More Units,Residential Income
Interior
Bedrooms & Bathrooms
- Bathrooms: 1
Heating & Cooling
- Heating features: Electric
- Cooling features: None
Interior Area
- Total structure area: 40,365
- Total interior livable area: 40,365 sqft
Property
Accessibility
- Accessibility features: Elevator/Lift
Details
- Parcel number: 002233019000
- Zoning: MX
- Special condition: Standard
Lot
- Lot size: 6,200 sqft
Parking
- Parking features: None
- Carport: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Inland Flooding
How This Home’s Risks Compare
FEMA Declared Disasters in Monterey County and California
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $65,482 | $785,784 |
| Home Insurance * | $2,415 | $28,980 |
| Property Taxes | $6,798 | $81,576 |
| Electricity | $8,655 | $103,868 |
| Total | $83,350 | $1,000,200 |
Income You'd Need if You Spent...
California FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-04 | Listed for sale | $13,950,000 |
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