174 Kern Street 31, Salinas, California 93905, Salinas, 93905 - 2 bed, 2 bath
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Salinas, California 93905
This Condominium Asset represents a High-Potential Investment Opportunity, listed at $375,000—positioned well above the $355,241 Fair Market Value by 5%. While the property requires modernization due to its Condition Rating of 5, it offers immediate occupancy with included appliances and a serene pond-view porch. The high HOA fee necessitates careful cash-flow analysis for Buy-and-Hold Investors. With its functional layout and proximity to local schools, this unit is best suited for first-time buyers or investors focused on long-term value-add renovations.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 174 Kern Street 31 Subject | $375,000* List Price | 2 | 2 | 1,073 | $331 | - |
A 166 Kern Street 26 Sold | $373,000 | 2 | 2 | 1,073 | $348 | 0.0 mi |
B 182 Kern Street 45 Active Under Contract | $349,000 List Price | 2 | 2 | 1,073 | $325 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1977 (47 years old), this property falls into the poor category due to its age exceeding 30 years without evidence of a recent major renovation. The bathroom features original-style 70s/80s vanities and fixtures, and the lack of a cooling system reflects dated infrastructure that likely requires a full rehab to meet modern standards.
The property is vacant and includes all essential appliances—washer, dryer, refrigerator, and stove—offering a seamless transition for immediate occupancy.
A large south-facing private porch overlooks a pond, providing a serene outdoor retreat accessible from both the living room and a bedroom.
The unit features low-maintenance laminate flooring throughout, a cozy fireplace, and the convenience of indoor laundry hookups, enhancing daily comfort.
The monthly HOA fee of $835 is substantial, which significantly increases the total monthly carrying costs and may impact buyer affordability.
The property lacks a built-in cooling system, which could be a disadvantage for maintaining comfort during warmer seasonal periods in Salinas.
Location!!Located in Salinas, this 1,073 square foot home offers 2 bedrooms and 2 full bathrooms. The flooring throughout is laminate, providing easy maintenance. The living room features a fireplace, adding a cozy focal point. This home has a large private porch facing the south/pond, opening to the living room and one of the bedrooms. Indoor washer and dryer hookups as well as ample storage space indoor and outdoors. Included are the Washer, ,Dryer ,Refrigerator and Stove. Heating is supplied by central forced air powered by gas, while there is no cooling system installed. The home comes with a car port with one assigned parking space. The house is vacant and ready to move in.
No exterior & parking available.
Grades K-6 • 0.7 mi
Grades K-6 • 1.2 mi
Grades K-6 • 2.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.5 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,073 | 1,135.5 |
| Lot Size | - | 1,340.5 |
| Price | $375.0K | $444.9K |
| Price per sq ft | $349 | $430 |
| Built year | 1977 | 1979 |
| HOA | $835.0 | $522 |
| Days on market | 33 | 74 |
Jun 19, 2026
$375,000
Initial Listing
Oct 7, 2014
$155,000
Public Record
Jan 17, 1996
$125,000
Public Record