This turn-key triplex offers an excellent investment opportunity with three 2-bedroom units. The front unit features a 2-bedroom, 1-bath layout with its own meters, while the rear units each offer 2 bedrooms and 1.5 baths, sharing a water meter but with all other utilities separately metered. Each unit has been updated with a modern kitchen equipped with new appliances and includes convenient washer and dryer hookups. Additionally, each unit comes with two assigned parking spaces. This property presents a fantastic chance for investors seeking income-generating properties.
Sold for $1,125,000 on 08/11/25
$1,125,000
903 Rider Ave, Salinas, CA 93905
--beds
--baths
2,811sqft
Triplex, Residential Income
Built in 1964
-- sqft lot
$-- Zestimate®
$400/sqft
$2,112 Estimated rent
Home value
Not available
Estimated sales range
Not available
$2,112/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: August 11, 2025 at 01:32pm
Listed by:
Juan Del Real 01453441 831-809-2424,
Remax Property Experts 831-751-6900
Bought with:
Cesar Iracheta, 01180121
LPT Realty
Source: MLSListings Inc,MLS#: ML81999588
Facts & features
Interior
Heating
- Gas, Wall Furnace
Cooling
- None
Appliances
- Included: Range Hood, Gas Oven/Range
- Laundry: Hookups Only
Features
- Doors: None
Interior area
- Total structure area: 2,811
- Total interior livable area: 2,811 sqft
Property
Parking
- Total spaces: 6
- Parking features: Assigned
- Has carport: Yes
Accessibility
- Accessibility features: None
Features
- Stories: 1
Lot
- Size: 6,100 sqft
Details
- Parcel number: 004332009000
- Zoning: R3
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex, Residential Income
Materials
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Year built: 1964
Utilities & green energy
- Gas: PublicUtilities
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Public Utilities, Water Public
Community & neighborhood
Location
- Region: Salinas
Other
Other facts
- Listing agreement: ExclusiveRightToSell
- Listing terms: FHA, CashorConventionalLoan
Price history
| Date | Event | Price |
|---|---|---|
| 8/11/2025 | Sold | $1,125,000+25.7%$400/sqft |
Source:  MLSListings Inc #ML81999588 | ||
| 10/12/2024 | Sold | $895,000$318/sqft |
Source: MLSListings Inc #ML81985291 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $11,395 +7.9% | $895,000 +13.3% |
| 2024 | $10,559 +1149.2% | $790,000 +1284% |
| 2023 | $845 +10.5% | $57,079 +2% |
Find assessor info on the county website
Neighborhood: East Salinas
Nearby schools
GreatSchools rating
- 5/10Virginia Rocca Barton Elementary SchoolGrades: K-6Distance: 0.5 mi
- 4/10La Paz Middle SchoolGrades: 7-8Distance: 0.8 mi
- 5/10Everett Alvarez High SchoolGrades: 9-12Distance: 1.7 mi
Schools provided by the listing agent
- District: AlisalUnionElementary
Source: MLSListings Inc. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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