1306 Second Avenue, Salinas, California 93905, Salinas, 93905 - 2 bed, 1 bath
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1306 Second Avenue
Salinas, California 93905
ACTIVE
CONDITION: POOR
2Beds
1Baths
1,007Sq Ft
6,500Lot Size
Property Price
LIST PRICE$599,000
EST. MARKET VALUE
$566,748
5% AboveMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $599,000—positioned above the $566,749 Fair Market Value by 5%. While the property requires significant rehabilitation due to its Fair Condition Rating, the 6,500 square foot lot offers substantial upside for expansion or an ADU. This asset serves as a blank canvas for those capable of modernizing dated infrastructure. Given the entry-level price point and value-add potential, this is an ideal acquisition for Fix-and-Flip Investors or first-time buyers seeking to build equity through renovation.
Estimated Market Value
$566,748
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 |
|---|---|---|---|---|---|---|
★ 1306 Second Avenue Subject | $599,000* List Price | 2 | 1 | 1,007 | $563 | - |
A 111 Mayfair Drive Sold | $590,000 | 2 | 1 | 914 | $646 | 0.4 mi |
B 766 Holly Street Sold | $489,900 | 2 | 1 | 1,075 | $456 | 1.0 mi |
C 1425 E Alisal St Sold | $584,000 | 2 | 1 | 1,215 | $481 | 0.2 mi |
D 83 83 Beverly Dr Sold | $634,000 | 3 | 1 | 1,061 | $598 | 0.5 mi |
E 818 East Street Pending | $550,000 List Price | 3 | 1 | 1,077 | $511 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1937 (87 years old) with no mention of recent renovations. The listing description 'lots of potential' is a standard indicator for a fixer-upper, suggesting that the kitchen, bathroom, and major systems (HVAC/Electric) are likely well beyond their functional lifespan and require significant rehabilitation.
PROSSTRENGTHS & OPPORTUNITIES
- Generous Lot Size
The 6,500 square foot lot provides significant outdoor space, offering rare potential for gardening, entertaining, or the addition of an Accessory Dwelling Unit (ADU).
- Entry-Level Opportunity
Positioned as a classic starter home, this property offers an accessible price point for first-time buyers looking to transition from renting to homeownership in Salinas.
- Value-Add Potential
With its 1937 vintage and 'lots of potential' designation, the home serves as an excellent canvas for investors or DIY buyers to build equity through strategic renovations.
CONSRISKS & DEFICIENCIES
- Dated Infrastructure
Built in 1937, the property likely requires modernization of major systems and cosmetic updates to meet the expectations of contemporary buyers.
- Limited Living Space
The 2-bedroom, 1-bathroom layout across 1,007 square feet may be too restrictive for growing families or those requiring a dedicated home office.
About 1306 Second Avenue
Looking for nice home with lots of potential, look no further. This two bedroom one bath may have all need for a starter home.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1937
- Lot Size
- 6,500 Sq. Ft.
Interior
- Total Bedrooms
- 2
- 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 | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,007 | 1,586.885 |
| Lot Size | 6,500 | 6,939.262 |
| Price | $599.0K | $809.5K |
| Price per sq ft | $595 | $527 |
| Built year | 1937 | 1973 |
| HOA | $0 | $218 |
| Days on market | 15 | 46 |
Pricing History
Listed for Sale
Aug 25, 2026
$599,000
Initial Listing
Sold
May 14, 2015
$242,000
Public Record
Sold
May 7, 2003
$285,000
Public Record
Sold
Aug 1, 2001
$235,000
Public Record