
Salinas, California 93905
This Residential Income Duplex presents a High-Potential Investment Opportunity, listed at $749,000—positioned above the $660,766 Fair Market Value. While the property requires capital expenditure to address its Fair Condition Rating and lack of HVAC, the 7,200 sq ft lot offers significant upside for ADU expansion. Featuring modern kitchen upgrades with stone countertops, this asset provides immediate rental utility. Given the current market positioning, this property is best suited for Buy-and-Hold Investors or Owner-Occupants capable of executing value-add renovations to maximize long-term yield.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1413 Wiren Street Subject | $749,000* List Price | 0 | 0 | 1,446 | $457 | - |
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 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
While the main living area and primary kitchen show signs of a mid-range renovation (stone countertops, recessed lighting, and tile flooring) likely 15-20 years ago, the property is an 80+ year old structure with significant deficiencies. The lack of a formal heating or cooling system is a major dated element, and the bathrooms and secondary unit kitchen remain highly dated with older fixtures and finishes requiring updates.
Classified as a duplex, this residential income property offers a versatile opportunity for investors or owner-occupants to generate rental revenue in the Salinas market.
The substantial 7,200 sq ft lot provides ample outdoor space and significant potential for future expansion or the addition of an Accessory Dwelling Unit (ADU).
The kitchen features elegant stone countertops, offering a high-end aesthetic and durable workspace that adds immediate value to the interior.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1446, other record living area = 876.
The property currently lacks both heating and cooling systems, which may necessitate a significant immediate investment to meet modern comfort standards and tenant expectations.
With no designated garage spaces, the property lacks secure parking and storage, which could be a drawback for residents with multiple vehicles or specific storage needs.
Welcome to this charming home located in the vibrant city of Salinas. This property offers a spacious layout with a total of 1,446 sq ft, sitting on a minimum lot size of 7,200 sq ft, providing ample outdoor space. The kitchen is a standout feature, boasting elegant stone countertops that enhance the overall aesthetic and functionality. Despite not having a cooling system or heating, the home presents a cozy atmosphere with the inclusion of a fireplace, perfect for gathering around during cooler evenings. The flooring throughout the home is not specified, allowing potential buyers the freedom to customize to their personal taste. For convenience, the home includes a designated area for laundry, making everyday chores easier. Though there are no garage spaces, the lot provides opportunities for alternative parking solutions. Experience comfortable living in Salinas with this inviting home.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 1,446 | 1,446 | 50% |
| Lot Size | 7,200 | 7,300 | 50% |
| Price | $749.0K | $749.5K | 50% |
| Price per sq ft | $518 | $527 | 50% |
| Built year | 1936 | 1940 | 25% |
| HOA | $0 | $0 | 50% |
| Days on market | 13 | 88 | 25% |
Jun 1, 2026
$749,000
Initial Listing