545 Work St, Salinas, CA 93901 Property Records

Monterey County property record for 545 Work St, Salinas, CA 93901 · Last verified August 2026

Property Highlights

Property TypeCommercial > Retail > Motel
Square Footage3,613 sqft Gross Area
Lot Size2.75 acres
Last Sale$12,000,000 (2020)
Tax Bill$163,910.00 (2025)

Property Details

APN / Parcel Number

Primary APN003-011-048-000
Alternative APN
  • 003-011-048

Interior

Units9 Units
Building Area3,613 sqft Gross Area
Stories3 Stories

Exterior

Lot Area119,790 sqft

Location & Zoning

Old Parcel Number003-011-048
Street Address545 WORK ST
CitySALINAS
StateCA
Zip93901-4351
Property UsageCommercial Property Usage
TypeCommercial > Retail > Motel
Legal DescriptionVOL 16 PAR MAPS PG 153 PAR B 2.75 AC
JurisdictionMONTEREY CA
Minor Civil DivisionSALINAS
Census Blockgroup1
Census Block1014
Census Tract14500

Owner

Source: Monterey County records · APN 003-011-048-000

Assessment roll updated August 6, 2026 · Last verified August 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of RecordCompany Name on File
Mailing Address135 N PENNSYLVANIA ST, 9, INDIANAPOLIS, IN 46204-2400
Owner TypeOwner is a Company

Deeds, Mortgages & Sale History

DateDocument
Apr 26, 2024Trustee's Deed, Foreclosure
ACCOMODATION, ACCOMMODATION
Aug 04, 2023Deed of Trust, Mortgage · Commercial Mortgage
BMO HARRIS BANK NA
Sep 30, 2022Deed of Trust, Mortgage · Commercial Mortgage
SUNDAY CAPITAL MP LOAN SALES LLC
Jan 27, 2022Deed of Trust, Mortgage · Commercial Mortgage
LONE OAK FUND LLC
Jan 27, 2022Deed of Trust, Mortgage · Commercial Mortgage
FORBIX CAPITAL CORP
Dec 10, 2020Grant Deed, Construction Loan · Building or Construction Mortgage
TERRACOTTA CREDIT REIT LLC

Assessor's Deed Record

Deed NamesVerified Name on Deed
Last SaleDec 10, 2020 · Amount on Record
Deed SaleDec 10, 2020 · Amount on Record
Deed Doc Number202073533
Prior Transfer DateApr 19, 1995
Prior Transfer Doc0000026297
Record RefreshedSep 20, 2026

April 2024: Trustee's Deed, Foreclosure

Document TypeTrustee's Deed
JurisdictionMONTEREY CA
Recording DateApr 26, 2024
Property Address545 WORK ST, SALINAS, CA 93901-4351
Document Number0000014700
Map ReferenceVOL 16 PG 153
Instrument DateApr 24, 2024
Instrument2024014700
Transaction TypeForeclosure
Record UpdatedMay 09, 2024
Title CompanyACCOMODATION, ACCOMMODATION

Transaction

AmountAmount Recorded
Tax$0.00
Amount AccuracyFull Amount Stated

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name

August 2023: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionMONTEREY CA
Property Address545 WORK ST, SALINAS, CA 93901-4351
Transaction TypeMortgage
Record UpdatedAug 17, 2023
Title CompanyACCOMODATION, ACCOMMODATION

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0000024129
DateAug 04, 2023
Instrument2023024129
Lender
NameBMO HARRIS BANK NA
TypeBank
Agreement
TypeCommercial Mortgage
AmountAmount Recorded

September 2022: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionMONTEREY CA
Property Address545 WORK ST, SALINAS, CA 93901-4351
Transaction TypeMortgage
Record UpdatedOct 13, 2022
Title CompanyDOMA TITLE OF CALIFORNIA INC

Transferred To (Grantee/Buyer)

NameVerified Name
Address660 S FIGUEROA ST 1888, 1888, LOS ANGELES, CA 90017-3433

Mortgage

Document Number0000040252
DateSep 30, 2022
Instrument2022040252
Lender
NameSUNDAY CAPITAL MP LOAN SALES LLC
TypeNon-Lending Institution
AddressPLACENTIA, CA 92870
Agreement
TypeCommercial Mortgage
AmountAmount Recorded

January 2022: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionMONTEREY CA
Property Address545 WORK ST, SALINAS, CA 93901-4351
Transaction TypeMortgage
Record UpdatedFeb 08, 2022
Title CompanyNORTH AMERICAN TITLE COMPANY

Transferred To (Grantee/Buyer)

NameVerified Name
Address660 S FIGUEROA ST 1888, 1888, LOS ANGELES, CA 90017-3433

Mortgage

Document Number0000004231
DateJan 27, 2022
Instrument2022004231
Lender
NameLONE OAK FUND LLC
TypeFunding / Finance Company
AddressLOS ANGELES, CA 90049
Agreement
TypeCommercial Mortgage
AmountAmount Recorded

January 2022: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionMONTEREY CA
Property Address545 WORK ST, SALINAS, CA 93901-4351
Transaction TypeMortgage
Record UpdatedFeb 08, 2022
Title CompanyNORTH AMERICAN TITLE

Transferred To (Grantee/Buyer)

NameVerified Name
Address23801 CALABASAS RD 100, 100, CALABASAS, CA 91302-1568

Mortgage

Document Number0000004232
DateJan 27, 2022
Instrument2022004232
Lender
NameFORBIX CAPITAL CORP
TypeNon-Lending Institution
AddressLOS ANGELES, CA 90049
Agreement
TypeCommercial Mortgage
AmountAmount Recorded

December 2020: Grant Deed, Construction Loan

Document TypeGrant Deed
JurisdictionMONTEREY CA
Recording DateDec 10, 2020
Property Address545 WORK ST, SALINAS, CA 93901-4351
Document Number0000073533
Map ReferenceVOL 16 PG 153
Instrument DateNov 18, 2020
Instrument2020073533
Transaction TypeConstruction Loan
Record UpdatedAug 19, 2021
Title CompanyOLD REPUBLIC TITLE COMPANY

Transaction

AmountAmount Recorded
DownpaymentDownpayment on File
Loan-to-Value (LTV)LTV on Record
Tax$0.00
Amount AccuracyRounded Values by County
Additional
  • Arms Length Transaction

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address15821 VENTURA BLVD STE 500, 500, ENCINO, CA 91436-2945

Mortgage

Document Number0000073534
DateDec 10, 2020
Instrument2020073534
Lender
NameTERRACOTTA CREDIT REIT LLC
TypeNon-Lending Institution
Agreement
TypeBuilding or Construction Mortgage
AmountAmount Recorded

Tax Assessment & Valuation

Source: Monterey County records · Assessment roll updated August 6, 2026 · Last verified August 2026

Property Jurisdictions

TypeName
StateCalifornia
CountyMonterey County
MunicipalitySalinas City
Elementary School DistrictSalinas City Elementary School District (KG - 06)
Secondary School DistrictSalinas Union High School District (07 - 12)

Tax Bill & Assessment History

Assessed value is set for property tax purposes and is not a market price estimate.

YearTax BillAssessed Value
2026$16,074,180 (+22.53%) Land $9,831,780 Building $6,242,400
2025$163,910.00 (+16,241.97%)$13,118,842 (+4.01%) Land $9,741,889 Building $3,376,953
2023$1,003.00 (-99.28%) Additional exemption filed$12,612,587 Land $9,363,600 Building $3,248,987
2022$139,584.00

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