, Salinas, California 93901, Salinas, 93901 - 3 bed, 2 bath
Loading property details...
Salinas, California 93901
This Value-Add Townhouse is a High-Potential Investment Opportunity, listed at $619,000—matching its $619,000 Fair Market Value. The property maintains a Condition Rating of 4, offering significant upside through modernization of its original 1985 features. The layout includes a sought-after downstairs bedroom, large patio, and scenic mountain views within gated Cambridge Village. Located near local schools and featuring a community pool, it perfectly balances lifestyle perks with financial potential. This is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ Subject | $619,000* List Price | 3 | 2 | 1,385 | $447 | - |
A 118 Nissen Road 1 Sold | $689,000 | 2 | 2 | 1,358 | $507 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1985, this property is well-maintained but retains most of its original features, including dated tile countertops in the kitchen and bathrooms, 1980s-style cabinetry, and older flooring types like hexagonal and square brown tiles. While the home is clean and functional, it lacks the modern renovations required for a higher score and is explicitly noted as having 'upside potential' for future updates.
Situated in the desirable Cambridge Village, this property offers a secure gated environment with premium amenities including a swimming pool and tennis courts.
The layout features a highly sought-after downstairs bedroom and full bathroom, providing excellent flexibility for guests or multi-generational living arrangements.
The upstairs bedrooms offer phenomenal mountain views, providing a serene backdrop and increasing the overall aesthetic value of the home.
The $420 monthly association fee represents a significant recurring expense that buyers must factor into their total monthly carrying costs.
Noted for its 'upside potential,' the 1985-built home likely requires cosmetic updates or renovations to reach its full market value and contemporary standards.
Lovely home in desirable Cambridge Village that has it all! A spacious layout, a great room with fireplace, 2 upstairs bedrooms with phenomenal views and a desirable downstairs bedroom and bath, attached 2 car garage, dining area and large patio. Located in a wonderful gated community with a pool and tennis court. Close to shopping, schools and Hwy 68. Great upside potential, priced well and ready to sell.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,385 | 1,385 | 50% |
| Lot Size | - | 2,499 | 40% |
| Price | $619.0K | $675.0K | 20% |
| Price per sq ft | $447 | $458 | 40% |
| Built year | 1985 | 1985 | 50% |
| HOA | $420.0 | $450 | 20% |
| Days on market | 98 | 98 | 60% |
Mar 10, 2026
$619,000
Initial Listing
Jan 14, 2026
$629,900
Initial Listing