
Salinas, California 93901
This 1-bedroom condominium represents a High-Potential Investment Opportunity, listed at a List Price of $359,000—positioned well above the $302,482 Fair Market Value by -18%. While currently priced above market, the unit features a functional 805 sqft layout with a wood-burning fireplace, enclosed sunroom, and two dedicated parking spaces. With a Condition Rating of 4, the property offers a stable foundation for cosmetic updates. This asset is best suited for Buy-and-Hold Investors or first-time buyers seeking a central location near Oldtown Salinas.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 104 W Rossi Street 7 Subject 1 bd · 2 ba · 805 sqft · $372 | $349,000* List Price | 1 | 2 | 805 | $372 | - |
A Rossi 11 Active 1 bd · 2 ba · 870 sqft · $379 · 0.1 mi | $329,999 List Price | 1 | 2 | 870 | $379 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1983 (41 years old) with no mention of recent renovations to major systems, kitchen, or baths. The property appears functional and well-maintained but is dated and fits the criteria for needing minor repairs and cosmetic updates to meet modern standards.
The unique enclosed sunroom and 1.5-bath configuration provide rare flexibility and convenience for a one-bedroom unit, offering dedicated space for a home office or hobby room.
The inclusion of two dedicated parking spaces and additional storage units provides significant utility and value that is rarely found in similar condominium offerings.
Proximity to Oldtown Salinas, Hartnell College, and Highway 101 makes this an ideal location for commuters and professionals seeking easy access to local amenities and services.
The one-bedroom, 805-square-foot layout restricts the property's appeal to a narrow demographic, excluding families or those requiring multiple private sleeping quarters.
Built in 1983, the unit may require capital investment for modern cosmetic updates or appliance replacements to maintain competitiveness with newer residential developments.
This charming condominium is ideal for a first-time buyer, downsizer, or investor. The living area features a wood-burning fireplace, creating a warm space for relaxing or entertaining. The kitchen includes an eat-in dining area for casual meals and morning coffee. Features an enclosed sunroom/patio, offering flexible space for a home office, reading area, hobby room, or retreat. The spacious bedroom includes a walk-in closet, while the half bath adds convenience for guests. Indoor laundry and extra storage add everyday functionality. The property includes two parking spaces plus additional storage in the parking area. Residents also enjoy access to the community clubhouse. Conveniently located near Oldtown Salinas, restaurants, cafés, shopping, the farmers market, Hartnell College, parks, medical facilities, and everyday services, with easy Highway 101 access for commuting throughout Monterey County and the Central Coast. With its fireplace, enclosed sunroom, 1.5 baths, indoor laundry, walk-in closet, two parking spaces, extra storage, and convenient location. Square footage does not include the additional permitted sunroom space. HOA includes water, garbage, and a master insurance policy. Approximately less than a 10-minute drive to the new Amazon distribution center.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.1 |
| Baths | 2.0 | 1.8 |
| Square foot | 805 | 1,185 |
| Lot Size | 522.72 | 3,349.333 |
| Price | $349.0K | $497.5K |
| Price per sq ft | $434 | $420 |
| Built year | 1983 | 1981 |
| HOA | $360.0 | $547 |
| Days on market | 46 | 91 |
Oct 9, 2026
$349,000
$359,000
-3% Price Drop
Initial Listing
Sep 8, 2026
$359,000
Initial Listing
Feb 22, 2001
$162,000
Public Record
Feb 5, 1999
$85,000
Public Record
Jan 10, 1994
$82,000
Public Record