
Salinas, California 93905
This property presents a High-Potential Investment Opportunity with a List Price of $495,000—positioned well below the $513,347 Fair Market Value by 3%. This valuation gap offers $18,347 in Instant Equity for buyers. Featuring a Fair Condition Rating, the home requires a full interior rehab, yet benefits from recent infrastructure upgrades including a new sewer line. The 6,300 sqft lot provides significant expansion potential. This is an ideal acquisition for Fix-and-Flip Investors or Contractors seeking a value-add project in an established Salinas neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 145 Orchard Avenue Subject | $495,000* List Price | 3 | 1 | 1,082 | $474 | - |
A 766 Holly Street Sold | $489,900 | 2 | 1 | 1,075 | $456 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1946 (80 years old), the property shows significant exterior wear and lacks any mention of kitchen or bathroom updates. While the water heater and sewer line are recent, the listing's emphasis on 'unlocking potential' and 'bringing your vision' indicates the interior requires a full rehab to meet modern standards.
The property features a new water heater and a sewer line replacement completed within the last two years, providing peace of mind regarding major maintenance items.
Situated on a generous 6,300 sqft lot, this property offers significant outdoor space and the potential for future expansion or the addition of an ADU.
Conveniently located near schools, parks, and shopping centers, this home is well-positioned within an established Salinas neighborhood for long-term appeal.
With three bedrooms but only one bathroom, the current configuration may be a drawback for larger families or modern buyer expectations.
The property is marketed as a value-add opportunity, implying that significant cosmetic or structural updates are needed to bring the 1946 home to modern standards.
Unlock the potential of this well-located Salinas property! Featuring 3 bedrooms and 1 bathroom, this home offers plenty of opportunity to add value. Recent updates include a new water heater and a sewer line replacement within the last two years, offering added peace of mind. Situated on a generous lot, the property provides valuable outdoor space and possibilities for future expansion buyer to verify feasibility and requirements with the City of Salinas. Conveniently located close to schools, parks, and shopping centers, this established property offers an excellent opportunity to bring your vision and make it your own. Don't miss your chance to unlock the possibilities at 145 Orchard Ave.!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,082 | 1,586.885 |
| Lot Size | 6,300 | 6,939.262 |
| Price | $495.0K | $809.5K |
| Price per sq ft | $457 | $527 |
| Built year | 1946 | 1973 |
| HOA | $0 | $218 |
| Days on market | 12 | 46 |
Aug 28, 2026
$495,000
Initial Listing