
Salinas, California 93906
This Well-Maintained Traditional Home is a Prime Investment Opportunity listed at $629,999—positioned below the $647,006 Fair Market Value by 2%. This valuation gap offers $17,007 in Instant Equity. While the property holds a Condition Rating of 4, its functional layout and 6,098 sq ft lot with mountain views provide a solid foundation for forced appreciation through cosmetic modernization. Located directly across from Natividad Elementary, it is a strategic choice for first-time buyers or Owner-Occupants seeking a value-add asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1448 Modoc Avenue Subject | $629,999* List Price | 3 | 2 | 1,036 | $625 | - |
A 208 Diablo Drive Sold | $660,000 | 3 | 1 | 1,112 | $594 | 0.5 mi |
B 1489 Lassen Avenue Sold | $720,000 | 4 | 2 | 1,260 | $571 | 0.2 mi |
C 559 E Alvin Drive Sold | $624,000 | 3 | 2 | 1,253 | $498 | 0.2 mi |
D 1238 Granada Avenue Sold | $699,000 | 3 | 1 | 950 | $736 | 0.4 mi |
E 452 Vallejo Street Active | $610,000 List Price | 3 | 1 | 950 | $642 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1960, this home is well-maintained but significantly dated. The kitchen features older white appliances and laminate countertops, and the presence of a wall heater indicates an outdated HVAC system. While functional and livable, the property requires cosmetic modernization and likely system upgrades to meet current standards.
The property is ideally situated directly across from Natividad Elementary School and within walking distance of North Salinas High, offering unparalleled convenience for families with school-aged children.
Featuring a 6,098 square foot lot, the property provides a spacious backyard that is rare for this price point, offering significant potential for outdoor entertaining, gardening, or future expansion.
This 1960s home has been meticulously maintained, boasting a functional layout and excellent natural light that enhances the overall sense of space and comfort.
At just 1,036 square feet with a 1.5-bath configuration, the home's interior footprint may feel restrictive for growing families or those accustomed to more modern, open-concept dimensions.
While the home is conveniently located near several educational institutions, the local elementary and middle schools currently carry lower performance ratings, which may be a consideration for education-focused buyers.
Well maintained 3 Bedroom, 1.5 Bath home in a quiet, established neighborhood. Featuring a functional layout, spacious yard and great natural light - ideal for comfortable everyday living and entertaining. Conveniently located across from a local elementary school for easy access.
No exterior & parking available.
Grades K-6 • 0.1 mi
Grades K-6 • 0.4 mi
Grades K-6 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,036 | 1,353 | 8% |
| Lot Size | 6,098 | 6,098 | 50% |
| Price | $630.0K | $705.0K | 23% |
| Price per sq ft | $608 | $504 | 86% |
| Built year | 1960 | 1975 | 25% |
| HOA | $0 | $0 | 50% |
| Days on market | 7 | 152 | 1% |
Apr 15, 2026
$629,999
Initial Listing