182 Kern Street 45, Salinas, California 93905, Salinas, 93905 - 2 bed, 2 bath
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Salinas, California 93905
This Spacious Lake-View Condominium is a Strategic Entry-Level Asset, listed at $349,900—positioned below the $355,234 Fair Market Value by 1%. This valuation gap offers $5,334 in Instant Equity for incoming owners. Boasting high open-beam ceilings, a wood-burning fireplace, and a Condition Rating of 4, the interior provides a clear path for value-add modernization. Residents benefit from a private balcony with lake and greenbelt views near top-rated Salinas High School. This property is ideal for first-time buyers or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 182 Kern Street 45 Subject | $349,900* List Price | 2 | 2 | 1,073 | $331 | - |
A 166 Kern Street 19 Sold | $339,000 | 1 | 2 | 1,073 | $316 | 0.0 mi |
B 166 Kern Street 26 Active | $385,000 List Price | 2 | 2 | 1,073 | $359 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1979, the property is functional but significantly dated, aligning with the 'fair' criteria for homes over 20 years old with no major recent renovations. The kitchen retains older dark wood cabinetry, laminate countertops, and aged white appliances. Interior finishes, including the worn carpeting and basic tile flooring, show visible signs of wear and tear. While the high open-beam ceilings provide architectural interest, the overall condition requires cosmetic updates and modernization to meet current market standards.
Priced competitively at $349,900, this 2-bedroom, 2-bathroom unit offers an accessible entry point for first-time homebuyers or investors in the Salinas market.
The interior features high open-beam ceilings and a wood-burning fireplace, providing a spacious feel and aesthetic charm rarely found in standard condominiums.
Residents benefit from a private, spacious balcony with lake views and access to a community clubhouse, enhancing the overall lifestyle and recreational value.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 1.
The monthly HOA fee of $830 is substantial relative to the listing price, which may deter budget-conscious buyers and significantly impact the overall monthly carrying costs.
Built in 1979 and featuring older carpet and tile finishes, the property likely requires capital improvements and modern updates to meet contemporary buyer expectations.
Affordable 2 bedroom, 2 full bathroom unit in the heart of Salinas. Great for first time home buyers or investors. Carpet / tile flooring, high open beam ceiling, wood burning fireplace in the living room. A spacious balcony to enjoy the warm days! There is a clubhouse for all to enjoy.
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 38% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,073 | 1,062.5 | 50% |
| Lot Size | - | - | 50% |
| Price | $349.9K | $362.4K | 50% |
| Price per sq ft | $326 | $321 | 50% |
| Built year | 1979 | 1974 | 88% |
| HOA | $830.0 | $255 | 75% |
| Days on market | 62 | 200 | 13% |
Feb 19, 2026
$349,900
Initial Listing
Jun 21, 2013
$85,000
Public Record
Mar 7, 2007
$304,000
Public Record
Jan 24, 2003
$195,000
Public Record
Jul 16, 1999
$120,500
Public Record