1825 Cherokee Drive 2, Salinas, California 93906, Salinas, 93906 - 3 bed, 2 bath
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Salinas, California 93906
This Condominium represents a High-Potential Investment Opportunity, listed at $425,000—positioned above the $410,532 Fair Market Value. While the price reflects a premium, the property offers a Condition Rating of 4, featuring an updated kitchen and the rare convenience of in-unit laundry. Its prime location across from Northridge Mall ensures high rental demand, though the $595 HOA fee and lower-rated local schools warrant careful financial planning. This asset is best suited for Buy-and-Hold Investors or first-time buyers prioritizing walkability and immediate move-in readiness.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1825 Cherokee Drive 2 Subject | $425,000* List Price | 3 | 2 | 1,083 | $379 | - |
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 |
C 1791 Cherokee Dr 4 Pending | $399,999 List Price | 3 | 2 | 986 | $406 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1984 (40 years old), the property falls into the dated category. While the description mentions updated kitchen and bathrooms, the visible interior features such as popcorn ceilings and older flooring transitions indicate the home is not a recent full-scale renovation. It appears functional and move-in ready but requires minor repairs and cosmetic modernization.
Situated directly across from Northridge Mall, the property offers exceptional walkability to major shopping, dining, and everyday essentials in the heart of North Salinas.
This unit features a private washer and dryer, a rare and highly convenient amenity within the Northgate Village community that significantly enhances daily living.
The condo boasts an updated kitchen and bathroom, providing a move-in-ready aesthetic and reducing the need for immediate capital improvements.
The monthly HOA fee of $595 is relatively high for the price point, which may impact buyer affordability and overall monthly carrying costs.
The assigned elementary and middle schools have lower performance ratings (2-3/10), which could be a deterrent for families and impact long-term appreciation.
Conveniently located in prime location right across the street from the Northridge Mall, popular restaurants, shopping, and everyday essentials. Enjoy easy access to dining, entertainment, and all that North Salinas has to offer. Updated kitchen and bathroom. 1,083 Sq 3 Bedrooms 1 Full Bath + 1/2 Bath downstairs One of the few units in the community featuring a washer & dryer inside the unit a rare and convenient feature! Northgate Village Community - amenities include 24-hr surveillance camera system, security guard on-site and two private gated vehicle entries.
No exterior & parking available.
Grades K-6 • 0.9 mi
Grades K-6 • 1.5 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 | 58% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,083 | 942 | 67% |
| Lot Size | - | 275 | 50% |
| Price | $425.0K | $390.0K | 75% |
| Price per sq ft | $392 | $412 | 33% |
| Built year | 1984 | 1982 | 58% |
| HOA | $595.0 | $595 | 50% |
| Days on market | 31 | 160 | 17% |
May 13, 2026
$425,000
Initial Listing
Apr 30, 2018
$250,000
Public Record
Feb 17, 2011
$70,000
Public Record
Mar 9, 2006
$399,000
Public Record
Feb 3, 2003
$217,000
Public Record
Aug 23, 2000
$1,000
Public Record