1401 Grandhaven Street, Salinas, California 93905, Salinas, 93905 - 0 bed, 0 bath
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Salinas, California 93905
This Residential Income Duplex represents a High-Potential Investment Opportunity, listed at a List Price of $750,000—positioned slightly above the $733,770 Fair Market Value. While the property requires modernization due to its Condition Rating of 4, the 6,100 sq ft lot and dual-unit configuration provide significant long-term value. The layout offers immediate rental utility, making it a stable asset for those seeking to capitalize on local housing demand. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants looking to offset mortgage costs through rental income.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1401 Grandhaven Street Subject | $699,999* List Price | 0 | 0 | 1,655 | $437 | - |
A 948 Rider Avenue Sold | $775,000 | 0 | 0 | 1,446 | $536 | 0.8 mi |
B 782 Kilbreth Avenue Sold | $750,000 | 0 | 0 | 2,006 | $374 | 0.8 mi |
C 1413 Wiren Street Active | $749,000 List Price | 0 | 0 | 1,446 | $518 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1948 and, while described as move-in ready, the interior shows renovations that appear to be 20-25 years old. The kitchen features dated tile countertops and older cabinetry, and the overall aesthetic is functional but requires modernization. Systems and finishes likely exceed the 20-year threshold for a 'Good' rating.
The duplex configuration offers excellent flexibility for investors or owner-occupants to generate rental income while living in one unit.
Rarely found in this market, the move-in ready status minimizes immediate capital expenditure for renovations or repairs.
The 6,100 sq ft lot provides significant outdoor space and potential for future improvements, a premium feature for multi-family properties.
Dating back to 1948, the property may necessitate higher long-term maintenance costs for aging plumbing, electrical, and structural components.
Both units feature only one bathroom, which may limit the rental ceiling and appeal to modern tenants who prefer multiple bathrooms.
Rare move-in ready duplex in Salinas! The front unit offers a 2 bed 1bath, while the back unit features 1 bed and 1 bath. Situated on a spacious 6,100 sq ft lot, this property is a great income opportunity with flexible use live in one unit and rent out the other, or add it to your investment portfolio. Conveniently located near schools, shopping, dining, and commuter routes.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 1,655 | - |
| Lot Size | 6,100 | - |
| Price | $700.0K | $869.3K |
| Price per sq ft | $423 | $393 |
| Built year | 1948 | 0 |
| HOA | $0 | $0 |
| Days on market | 36 | 58 |
Jul 20, 2026
$699,999
$750,000
-7% Price Drop
Initial Listing
Jun 16, 2026
$750,000
Initial Listing
Apr 20, 2009
$165,000
Public Record
Dec 6, 2005
$600,000
Public Record