
Salinas, California 93905
This property presents a High-Potential Investment Opportunity with a List Price of $689,000—positioned well below the $707,570 Fair Market Value by 2%. This valuation gap offers $18,570 in Instant Equity. Featuring a 4-bedroom, 3-bathroom layout with a Level 2 EV hookup and a large 7,314 sqft lot, the home maintains a Condition Rating of 4. While it requires cosmetic updates, the versatile ground-floor bedroom and expansion potential make this an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking long-term value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1380 Mazatlan Street Subject | $689,000* List Price | 4 | 3 | 1,793 | $395 | - |
A 11 Saguaro Circle Sold | $799,000 | 4 | 2 | 1,823 | $438 | 0.3 mi |
B 1099 Twin Creeks Drive Sold | $850,000 | 5 | 3 | 2,142 | $397 | 0.7 mi |
C 1094 Twin Creeks Drive Sold | $675,000 | 3 | 2 | 1,427 | $473 | 0.7 mi |
D 831 Cactus Court Sold | $815,000 | 4 | 3 | 2,384 | $342 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1996 (28 years old) with no significant renovations noted, the property falls into the dated category. While it features laminate flooring and an EV hookup, the exterior shows signs of deferred maintenance (cracked driveway, dry landscaping), and the lack of a cooling system and original 90s-era finishes suggest a need for minor updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7314, living area = 1793.
The inclusion of a ground-floor bedroom with a walk-in closet offers excellent flexibility for multi-generational living, guests, or those seeking single-level accessibility.
The two-car garage is equipped with a Level 2 (240V) electric vehicle hookup, a modern and high-demand feature that adds significant value for future-proofing the home.
The property does not have a central cooling system installed, which may necessitate further investment for climate control during warmer months.
The floor plan lacks a dedicated formal dining room, which could be a limitation for buyers who prioritize traditional entertaining spaces.
Located in Salinas, this four-bedroom, three-bathroom home offers 1,793 sq ft of living space. The kitchen includes a garbage disposal and opens into a separate family room featuring a fireplace. Flooring throughout the home is laminate, complemented by central forced air heating. One bedroom on the ground floor includes a walk-in closet and the primary bathroom is equipped with stall showers. Laundry facilities feature a 220V electricity hookup. The property includes a two-car garage with an electric vehicle Level 2 (240 volts) hookup. This home is part of the Alisal Union Elementary School District. There is no formal dining room or cooling system installed.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 73% |
| Baths | 3.0 | 2.0 | 81% |
| Square foot | 1,793 | 1,354.5 | 77% |
| Lot Size | 7,314 | 6,050 | 77% |
| Price | $689.0K | $672.5K | 54% |
| Price per sq ft | $384 | $509 | 19% |
| Built year | 1996 | 1977 | 65% |
| HOA | $0 | $0 | 50% |
| Days on market | 9 | 125 | 4% |
May 28, 2026
$689,000
Initial Listing
May 7, 2002
$80,000
Public Record