114 Central, Salinas, California 93901, Salinas, 93901 - 3 bed, 1 bath
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114 Central
Salinas, California 93901
ACTIVE
CONDITION: FAIR
3Beds
1Baths
1,542Sq Ft
11,900Lot Size
Property Price
LIST PRICE$799,000
EST. MARKET VALUE
$782,561
SUMMARY
This 1905 Victorian residence represents a High-Potential Investment Opportunity, listed at a List Price of $799,000—positioned well below the $809,521 Fair Market Value by 1%. This valuation gap offers $10,521 in Instant Equity. With a Condition Rating of 4, the property requires updates to aging systems, yet the 11,900 sqft lot provides significant potential for expansion or an ADU. This is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to restore historic character while building long-term value.
Estimated Market Value
$782,561
Based on Realkey algorithm analyzing recent comparable sales in Salinas.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 114 Central Subject | $799,000* List Price | 3 | 1 | 1,542 | $507 | - |
A 311 Amherst Drive Sold | $760,000 | 2 | 2 | 1,443 | $527 | 0.7 mi |
B 710 Campus Avenue Sold | $748,000 | 4 | 2 | 1,661 | $450 | 0.9 mi |
C 69 Geil Street Active | $829,000 List Price | 4 | 2 | 1,736 | $478 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1905 with no mention of recent renovations to key systems, kitchen, or bathrooms. The property retains historic character but shows signs of deferred exterior maintenance; likely features dated interiors and older mechanical systems requiring updates.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11900, living area = 1542.
- Historic Victorian Charm
Built in 1905, this home features timeless architectural details, high ceilings, and a cozy fireplace, offering a unique character that is highly sought after in the Salinas market.
- Expansive Lot Size
The property sits on a generous 11,900 square foot lot, providing significant outdoor space for recreation, gardening, or potential future expansion such as an Accessory Dwelling Unit (ADU).
CONSRISKS & DEFICIENCIES
- Limited Bathroom Count
With three bedrooms and only one bathroom, the layout may be challenging for larger households or modern buyers who typically expect a higher bathroom-to-bedroom ratio.
- Century-Old Infrastructure
As a structure built in 1905, the property may require ongoing maintenance or significant updates to its aging systems to meet contemporary efficiency and safety standards.
About 114 Central
Charming Victorian-style home filled with timeless character and classic curb appeal. This 3-bedroom, 1-bath residence features beautiful architectural details, high ceilings, abundant natural light, and a cozy fireplace that creates a warm and inviting atmosphere. Situated on a spacious lot, the property offers plenty of outdoor space to enjoy while being conveniently located near schools, shopping, dining, and downtown Salinas. A wonderful opportunity to own a home that blends historic charm with everyday comfort.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1905
- Lot Size
- 11,900 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,542 | 1,586.885 |
| Lot Size | 11,900 | 6,939.262 |
| Price | $799.0K | $809.5K |
| Price per sq ft | $518 | $527 |
| Built year | 1905 | 1973 |
| HOA | $0 | $218 |
| Days on market | 70 | 46 |
Pricing History
Listed for Sale
Jul 1, 2026
$799,000
Initial Listing
Sold
Sep 27, 2019
$500,000
Public Record