About This Home

This 0-bedroom, 0-bathroom commercial at 6 S Wood Street in Salinas, CA is listed for $3,100,000 ($374 per sqft). Built in 1964, the home offers 8,286 sqft of living space on a 0.36 acres lot.

Key Features

  • Built in 1964
  • 0.36 acre lot
  • 2 stories
  • 25 parking spaces

Property Details

2 stories
25 spaces
1964
Listing Description

Now available: a rare opportunity to acquire a well-maintained 25-unit boutique motel in the heart of Salinas, California. This well-maintained, two-story motel features an on-site office with the owners' living quarters, including 2 bedrooms, 2 bathrooms, a spacious kitchen & family room combo, and a separate living room.

Recent upgrades to the entire building include double-pane windows throughout, a 400-amp electrical system, updated plumbing with a water softening system, an oversized water heater with room for expansion, and ongoing regularly scheduled maintenance of each unit.

The roof was serviced in 2014, and the property was fumigated both recently and historically. Excellent opportunity for investors and operators exploring H-2A/ Extended-Stay Housing. The City of Salinas has approved an Extended Stay Program, creating added potential for farm labor housing and workforce accommodations.

This property presents a unique opportunity to capitalize on the growing demand for agricultural workforce lodging within the Salinas Valley. - The seller is open to carrying a portion of the purchase price for qualified buyers. Attractive terms and a flexible structure may be considered.

Monthly Cost Estimate

$16,579/mo

20% down · 6.5% · 30 years

Principal$2,242
Interest$13,433
Insurance$904

Estimates only. Actual payments may vary.

Location

6 S Wood Street

Salinas, CA 93905

Property Details

Flooring

CarpetTile

Cooling

Wall Unit(s)

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 6 S Wood Street is listed at $3,100,000 ($374/sqft). The estimated monthly payment is $16,579 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1964, 0.36 acre lot, 2 stories, 25 parking spaces.

This property is listed by Eddie Guajardo.

EG

Eddie Guajardo

License 02056453

Agent at eXp Realty of California, Inc.

Listed by eXp Realty of California, Inc. · Broker phone: (888) 584-9427 x119 · Broker website

MLS# ML82020072· Source: MLS Listings, Inc.· 420 days on PropertySimple

Copyright © 2026 MLS Listings, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

6 S Wood Street, Salinas, CA 93905

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