219 Lang Street, Salinas, California 93901, Salinas, 93901 - 0 bed, 0 bath
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Salinas, California 93901
This Prime Investment Opportunity is a fully occupied Residential Income Duplex listed at $745,000, positioned slightly above the $723,304 Fair Market Value. Located in the desirable Mission Park area, this Condition Rating 3 asset features recent capital improvements, including a new roof and updated interiors, ensuring stable cash flow from long-term Section 8 tenants. With additional income from laundry and storage, this property offers a reliable, low-turnover model. It is an ideal acquisition for Buy-and-Hold Investors or Portfolio Builders seeking immediate, stable rental returns.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 219 Lang Street Subject | $745,000* List Price | 0 | 0 | 967 | $748 | - |
A 612 Central Avenue Active | $809,000 List Price | 0 | 0 | 1,256 | $644 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1910, the property has undergone significant recent renovations including a new roof overlay, plumbing upgrades, and updated kitchens and bathrooms. The interior shows well-maintained laminate flooring and functional cabinetry, making it move-in ready and suitable for immediate occupancy.
Situated in the highly desirable Mission Park area of South Salinas near Hartnell College and major transit, ensuring consistently high tenant demand and long-term value.
The property is fully occupied by long-term Section 8 tenants and features additional income streams from on-site laundry and storage, providing immediate and reliable ROI.
Significant improvements including a new roof overlay, plumbing upgrades, and modernized kitchens and baths reduce the need for near-term capital expenditures.
With only 967 total square feet for two units, the living spaces are relatively small, which may limit future rent growth or appeal to certain tenant profiles.
The seller's preference to sell this parcel alongside the adjacent triplex may complicate negotiations for individual investors or those with specific financing constraints.
Fully occupied duplex income property in one of South Salinas most desirable neighborhoods. Currently occupied by stable, long-term Section 8 tenants, providing reliable income with minimal turnover. Additional income is generated from on-site laundry facilities & a shed. Located in the sought-after Mission Park area of South Salinas, the property sits near Hartnell College, schools, bus lines, and major freeways, ensuring strong tenant demand. A shared driveway provides convenient parking for residents. Recent upgrades, including a new roof overlay, plumbing upgrades, updated kitchens & baths, which all add to the property's appeal and reduce near-term capital needs. The adjacent property, triplex + SFR, is also for sale & the Sellers prefer to sell both parcels together as one investment opportunity if possible...
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 | 967 | - |
| Lot Size | 5,200 | - |
| Price | $745.0K | $869.3K |
| Price per sq ft | $770 | $393 |
| Built year | 1910 | 0 |
| HOA | $0 | $0 |
| Days on market | 13 | 58 |
Jul 9, 2026
$745,000
Initial Listing
Feb 27, 2025
$670,000
Public Record
Aug 31, 2005
$400,000
Public Record