146 Rodeo Avenue, Salinas, California 93906, Salinas, 93906 - 1 bed, 1 bath
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146 Rodeo Avenue
Salinas, California 93906
ACTIVE
CONDITION: EXCELLENT
1Beds
1Baths
1,424Sq Ft
6,180Lot Size
Property Price
LIST PRICE$775,000
EST. MARKET VALUE
$767,410
SUMMARY
This North Salinas duplex represents a High-Potential Investment Opportunity, listed at $799,000—positioned slightly above the $775,658 Fair Market Value. Featuring a Turnkey Condition Rating following a 2026 full remodel, this asset offers immediate rental readiness with modern finishes and new exterior paint. The property provides a versatile "house hack" model, allowing owners to offset mortgage costs through dual-unit income. With proximity to Harden Ranch retail and Highway 101, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a stable, low-maintenance income property.
Estimated Market Value
$767,410
Based on Realkey algorithm analyzing recent comparable sales in Salinas.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 146 Rodeo Avenue Subject 1 bd · 1 ba · 1,424 sqft · $539 | $775,000* List Price | 1 | 1 | 1,424 | $539 | - |
A 357 Reata Street Sold 2 bd · 1 ba · 1,545 sqft · $453 · 0.6 mi | $700,000 | 2 | 1 | 1,545 | $453 | 0.6 mi |
B 1163 Tyler Street Sold 2 bd · 1 ba · 1,080 sqft · $657 · 0.5 mi | $710,000 | 2 | 1 | 1,080 | $657 | 0.5 mi |
C 1619 Cherokee Drive Sold 3 bd · 2 ba · 1,165 sqft · $560 · 0.7 mi | $652,500 | 3 | 2 | 1,165 | $560 | 0.7 mi |
D 319 Tapadero Sold 2 bd · 2 ba · 1,331 sqft · $525 · 0.2 mi | $699,000 | 2 | 2 | 1,331 | $525 | 0.2 mi |
E 43 Saint Brendan Way Sold 3 bd · 2 ba · 1,466 sqft · $546 · 0.9 mi | $800,000 | 3 | 2 | 1,466 | $546 | 0.9 mi |
F 1627 Cherokee Drive Sold 2 bd · 1 ba · 984 sqft · $619 · 0.7 mi | $609,000 | 2 | 1 | 984 | $619 | 0.7 mi |
G 407 Pueblo Drive Sold 3 bd · 2 ba · 1,069 sqft · $678 · 0.4 mi | $725,000 | 3 | 2 | 1,069 | $678 | 0.4 mi |
H 1829 Delancey Drive Sold 3 bd · 3 ba · 1,443 sqft · $561 · 0.9 mi | $810,000 | 3 | 3 | 1,443 | $561 | 0.9 mi |
I 231 Montclair Lane Active 2 bd · 2 ba · 1,303 sqft · $529 · 0.7 mi | $689,000 List Price | 2 | 2 | 1,303 | $529 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although originally built in 1940, the property underwent a full remodel in 2026 (<5 years old). It features brand new exterior paint, updated flooring, a refreshed kitchen with new countertops and hardware, and a modern water heater, leaving it in turn-key condition with no immediate maintenance required.
PROSSTRENGTHS & OPPORTUNITIES
- Income Generation Potential
This rare North Salinas duplex offers excellent versatility, allowing an owner to occupy one unit while renting the other to significantly offset mortgage costs.
- Turnkey Condition
Both units were fully remodeled in 2026 with fresh exterior paint, minimizing immediate maintenance requirements and providing a modern living environment for tenants.
- Prime Location
The property is ideally situated near major retail hubs like Harden Ranch and Costco, offering residents convenient access to shopping, dining, and Highway 101.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 1, other record bedroom count = 2.
- Low School Ratings
The local schools, including Harden Middle and Kammann Elementary, have low performance ratings, which may limit the property's appeal to families.
- Limited Unit Size
The one-bedroom, one-bathroom configuration for both units restricts the potential tenant pool to individuals or couples, excluding larger households.
About 146 Rodeo Avenue
Rarely available North Salinas duplex. Live in one and rent the other. Both units were remodeled in 2026. New exterior painting is complete as of September 9th, 2026. New pictures are now available. The units are both one-bedroom / one-bathroom units with fenced backyards and washer/dryer hookups inside the units. There is a two-car garage onsite. The property is located close to shopping (Harden Ranch with Safeway, Target, and many other stores), Costco, and many services including restaurants, banking, and gyms. Easy access to 101 North, South, or Central Salinas. The residents pay PG&E and garbage. The property owner is responsible for sewer and water. Lending: Talk to your mortgage broker about a DSCR loan for lower interest rates - 6.80-7.25% vs. regular FNMA financing.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1940
- Lot Size
- 6,180 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Salinas Unified Schools
Henry F. Kammann Elementary School
Grades K-6 • 0.3 mi
3/10
Laurel Wood Elementary School
Grades K-6 • 1.0 mi
4/10
Boronda Meadows
Grades K-6 • 1.0 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,424 | 1,582.189 |
| Lot Size | 6,180 | 6,844.911 |
| Price | $775.0K | $805.1K |
| Price per sq ft | $544 | $518 |
| Built year | 1940 | 1974 |
| HOA | $0 | $210 |
| Days on market | 32 | 45 |
Pricing History
Listed for Sale
Sep 26, 2026
$775,000
$799,000
-3% Price Drop
Initial Listing
Price Change
Sep 22, 2026
$799,000
Initial Listing
Sold
Jan 26, 2018
$338,000
Public Record