
Salinas, California 93905
This Residential Income Duplex presents a High-Potential Investment Opportunity with a List Price of $749,000—positioned well above the $680,332 Fair Market Value by 10%. While the property requires significant capital expenditure due to its Condition Rating of 4 and lack of climate control, the 7,200 sq ft lot and Stone Countertop Kitchen provide a solid foundation for value-add renovations. This asset is best suited for Buy-and-Hold Investors or Contractors capable of modernizing the infrastructure to maximize rental yields in the Salinas market.
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 | $470 | - |
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 |
C 1401 Grandhaven Street Active | $699,999 List Price | 0 | 0 | 1,655 | $423 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1936, the property shows partial renovations in the main living area and kitchen (stone countertops, recessed lighting, and tile flooring) likely performed 10-20 years ago. However, the lack of a permanent heating or cooling system, combined with dated bathroom fixtures and secondary kitchen areas, necessitates significant system updates and cosmetic repairs to meet modern standards.
As a duplex classified under residential income, this property offers a versatile opportunity for investors to generate rental revenue or for owner-occupants to offset their mortgage.
The generous 7,200 sq ft lot provides significant outdoor space, offering rare potential for future expansion, ADU development, or extensive landscaping in an urban setting.
The inclusion of elegant stone countertops provides a high-end finish that improves both the aesthetic appeal and the functional value of the heart of the home.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1446, other record living area = 876.
The absence of a formal heating and cooling system is a significant drawback that may impact tenant comfort and require substantial investment to modernize.
The lack of a garage limits secure parking and storage options, which can be a competitive disadvantage for both resale value and rental desirability.
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 |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 1,446 | 1,713 |
| Lot Size | 7,200 | 12,600 |
| Price | $749.0K | $815.8K |
| Price per sq ft | $518 | $363 |
| Built year | 1936 | 1938 |
| HOA | $0 | $0 |
| Days on market | 100 | 30 |
Jun 1, 2026
$749,000
Initial Listing