
Salinas, California 93905
Analysis of 20 S Hebbron Avenue, Salinas, California 93905 is currently available with a list price of $1,099,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Salinas Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
Built in 1965 (59 years old) with no evidence of major renovations. The listing explicitly states the property needs 'TLC and updating' and offers 'value-add potential,' indicating deferred maintenance. Exterior images show aged surfaces and wear, and the lack of interior photos combined with the age suggests systems and kitchens/baths likely require significant rehab.
The property features four spacious 3-bedroom, 1.5-bathroom units, which are highly sought after by families and typically command higher rental premiums and lower vacancy rates than smaller units.
Significant potential exists to convert the primary bedroom's half-bath into a full second bathroom within the existing walk-in closet space, increasing the property's utility and long-term market value.
With current rents positioned below fair market value, investors have a clear path to increasing gross operating income and enhancing overall ROI as units are updated and brought to market rates.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 4134, other record living area = 2160.
The property is noted to need 'TLC' and updating, indicating that a new owner will likely face immediate capital expenditures for repairs and modernization to reach its full potential.
Future rent increases are subject to City of Salinas rent regulations, which may limit the pace at which an investor can realize the full market-rate potential of the asset.
Investment opportunity featuring four spacious 3-bedroom, 1.5-bath units situated across two separate buildings. Do not disturb occupants. The property offers approximately 4,320 square feet of total building area, with each building measuring approximately 2,160 square feet and containing two units. Each unit features a functional single-level floor plan with three bedrooms and 1.5 bathrooms. The half bath is located within a large walk-in closet in the primary bedroom, providing potential space to add a shower and create a second full bathroom, subject to buyer investigation, permits, and local requirements. The property is in need of some TLC and updating, offering an opportunity for a new owner to make improvements over time and enhance its overall appeal and value. Current rents are below fair market value, providing additional long-term upside for an investor. Any future rent increases are subject to applicable City of Salinas rent regulations and should be independently verified by the buyer. A solid investment opportunity offering spacious 3-bedroom units, existing rental income, below-market rents, and future value-add potential.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 4,134 | 1,713 |
| Lot Size | 9,600 | 12,600 |
| Price | $1.10M | $815.8K |
| Price per sq ft | $266 | $363 |
| Built year | 1965 | 1938 |
| HOA | $0 | $0 |
| Days on market | 21 | 30 |
Aug 19, 2026
$1,099,000
Initial Listing