1791 Cherokee Dr 4, Salinas, California 93906, Salinas, 93906 - 3 bed, 2 bath
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Salinas, California 93906
This Value-Add Residential Condominium in Northgate Village represents a strategic entry point into the Salinas market. Listed at $399,999, the price aligns closely with the $383,559 Fair Market Value, reflecting the pricing stability of this gated community. While maintaining a Condition Score of 4, the "AS-IS" status and dated interior provide a clear path for forced appreciation through cosmetic renovations. Featuring a private deck and proximity to North Salinas High School, this asset is a calculated choice for Buy-and-Hold Investors or first-time buyers looking to trade sweat equity for long-term value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1791 Cherokee Dr 4 Subject | $399,999* List Price | 3 | 2 | 986 | $389 | - |
A 1807 Cherokee Drive 3 Sold | $420,000 | 3 | 2 | 1,155 | $364 | 0.1 mi |
B 1883 Cherokee Drive 3 Sold | $435,000 | 3 | 2 | 1,083 | $402 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1980, this condo is in move-in ready condition but shows significant signs of age in key areas. While the flooring has been updated to a modern wood-look laminate and the unit appears well-maintained, the kitchen and bathrooms remain dated with older cabinetry and white tile countertops. The presence of popcorn ceilings and the 'AS-IS' sale status indicate that while functional, the property has not undergone a full modern renovation and requires cosmetic updates to meet current market standards.
Situated in the desirable Northgate Village, this condo offers excellent proximity to major shopping centers, schools, and key commuter routes, ensuring daily convenience for residents.
The property is located within a gated community that provides enhanced security and desirable amenities, including a swimming pool, which adds significant lifestyle value.
With a three-bedroom layout priced competitively under $400,000, this unit represents an attractive entry point for first-time buyers or investors seeking rental income in the Salinas market.
The monthly HOA fee of $595 is relatively high for a 986-square-foot unit, which may impact overall affordability and the buyer's monthly debt-to-income ratio.
The property is being sold in as-is condition, implying that the buyer may need to account for immediate out-of-pocket expenses for repairs or cosmetic updates.
Welcome to this well-located 3-bedroom, 1.5-bath condo in the desirable Northgate Village community. Offering 986 sq ft of functional living space, this home features a practical layout with comfortable living and dining areas. Conveniently located near shopping, schools, and major commuter routes. Community amenities include a pool and gated access. Great opportunity for first-time buyers or investors. Property is being sold AS-IS.
No exterior & parking available.
Grades K-6 • 0.8 mi
Grades K-6 • 1.4 mi
Grades K-6 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 73% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 986 | 932 | 64% |
| Lot Size | - | - | 50% |
| Price | $400.0K | $385.0K | 64% |
| Price per sq ft | $406 | $413 | 36% |
| Built year | 1980 | 1983 | 45% |
| HOA | $595.0 | $595 | 50% |
| Days on market | 12 | 140 | 9% |
Apr 10, 2026
$399,999
Initial Listing
Jun 17, 2019
$265,000
Public Record