1425 E Alisal St, Salinas, California 93905, Salinas, 93905 - 2 bed, 1 bath
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Salinas, California 93905
This Value-Add Residential Asset represents a strategic renovation project in Salinas. Listed at $615,000, the property is positioned above the $524,954 Fair Market Value by 17%, requiring a disciplined approach to forced appreciation. The residence carries a Condition Rating of 5, with the 1941 infrastructure and original systems necessitating a comprehensive rehab. However, the 1,215 square foot interior and expansive 6,000 sqft lot within the Alisal Union Elementary School District offer a significant footprint for expansion or an ADU. This acquisition is ideal for Fix-and-Flip Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1425 E Alisal St Subject | $584,000* List Price | 2 | 1 | 1,215 | $456 | - |
A 83 83 Beverly Dr Sold | $634,000 | 3 | 1 | 1,061 | $598 | 0.5 mi |
B 61 Beverly Drive Sold | $532,000 | 3 | 1 | 1,061 | $501 | 0.5 mi |
C 7 Midway Avenue Sold | $535,000 | 3 | 1 | 1,509 | $355 | 0.3 mi |
D 1101 Kimmel Street Sold | $585,000 | 2 | 1 | 950 | $616 | 0.7 mi |
E 117 Magnolia Drive Active | $749,000 List Price | 3 | 2 | 1,273 | $588 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1941 (85 years old) with no mentioned renovations, the property shows significant exterior weathering and dated materials. The 'opportunity awaits' description suggests the kitchen, bathroom, and major systems (HVAC/Electric) are likely original or aged, requiring a full rehab to meet modern standards.
The home features a convenient single-story layout with all rooms on one level, making it ideal for buyers seeking ease of movement and long-term accessibility.
A generous 6,000 sqft flat lot includes a covered back porch, mature fruit trees, and a bonus shed, providing excellent potential for gardening, entertaining, or ADU development.
At 1,215 square feet, this two-bedroom residence offers a larger-than-average interior for its configuration, allowing for comfortable living spaces and potential future reconfiguration.
Built in 1941, the property may require updates to its core systems or cosmetic modernization to meet contemporary standards and energy efficiency.
With only one bathroom serving the entire household, the property may face challenges in accommodating larger families or guests compared to more modern multi-bath homes.
Sweet home on Alisal - this cozy home has all rooms on a single level. The covered back porch opens out onto a flat backyard with mature fruit trees and a bonus shed. Opportunity awaits!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 31% |
| Baths | 1.0 | 2.0 | 46% |
| Square foot | 1,215 | 1,257 | 46% |
| Lot Size | 6,000 | 6,000 | 50% |
| Price | $584.0K | $665.0K | 23% |
| Price per sq ft | $481 | $509 | 42% |
| Built year | 1941 | 1965 | 15% |
| HOA | $0 | $0 | 50% |
| Days on market | 36 | 126 | 8% |
May 22, 2026
$584,000
$615,000
-5% Price Drop
Initial Listing
May 1, 2026
$615,000
Initial Listing