
Salinas, California 93901
This Spacious Single-Family Residence represents a High-Potential Investment Opportunity, currently listed at $790,000, which aligns with its $790,000 Fair Market Value. Featuring a Condition Rating of 4, the home offers modernized essential spaces while providing significant upside through its 7,700 sq. ft. lot and detached garage, which is ideal for an ADU conversion. Located in the desirable Monterey Park neighborhood near top-rated schools and medical facilities, this property is an excellent choice for Buy-and-Hold Investors or Owner-Occupants seeking to build long-term equity through strategic improvements.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 22 San Juan Drive Subject | $790,000* List Price | 2 | 2 | 1,637 | $483 | - |
A 14 San Juan Drive Sold | $775,000 | 2 | 2 | 1,306 | $593 | 0.0 mi |
B 1266 San Marcos Drive Sold | $812,500 | 2 | 2 | 1,762 | $461 | 0.6 mi |
C 207 Encinada Drive Sold | $790,000 | 3 | 2 | 1,462 | $540 | 0.3 mi |
D 1211 Via Paraiso Sold | $910,000 | 3 | 2 | 1,792 | $508 | 0.5 mi |
E 40 Oak Sold | $680,000 | 3 | 2 | 1,324 | $514 | 0.4 mi |
F 1201 San Angelo Drive Sold | $820,000 | 3 | 2 | 1,588 | $516 | 0.8 mi |
G 333 Hawthorne Street Sold | $842,000 | 3 | 2 | 1,511 | $557 | 0.3 mi |
H 906 Bautista Drive Active | $819,000 List Price | 3 | 2 | 1,369 | $598 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1952, the property features a kitchen and bathroom renovation that appears to be 10-15 years old. While functional and move-in ready, the rest of the home remains dated with original windows, older wall heating units, and finishes that require modernization to meet current standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7700, living area = 1637.
Situated in the desirable Monterey Park neighborhood, this home offers exceptional proximity to Salinas Valley Health Medical Center, shopping, and major transit corridors including Highway 68 and 101.
The property features a large 7,700 sq. ft. lot with a detached garage ideal for an ADU conversion, plus a flexible interior layout that allows for the addition of a third bedroom or home office.
The home comes with solar panels that have approximately 10 years remaining on a lease, which may be a deterrent for buyers preferring owned equipment or no additional monthly obligations.
While key areas are remodeled, the rest of the 1952-built home is described as needing personal touches, suggesting that flooring, paint, or older systems may still require investment.
Motivated Sellers. $10k price reduction. Location, location, location. Situated in the Monterey Park neighborhood of South Salinas, this single level 2 bed, 2 bath with detached 2 car garage is close to Salinas Valley Health Medical Center, shopping, grocery, banks, hwy 68, hwy 101. This home has an updated kitchen and bathroom but the rest of the home is waiting for your own personal touches. This home has so much potential. Large back yard with possibility to convert detached garage to ADU/granny unit. Home has Solar panels with approx. 10 years remaining on lease.. Paver/concrete backyard. Could possibly convert living area into additional bedroom/office.
No exterior & parking available.
Grades K-6 • 0.3 mi
Grades K-6 • 0.4 mi
Grades K-6 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,637 | 1,621 |
| Lot Size | 7,700 | 7,100 |
| Price | $790.0K | $803.5K |
| Price per sq ft | $483 | $520 |
| Built year | 1952 | 1970 |
| HOA | $0 | $243 |
| Days on market | 81 | 45 |
Jun 30, 2026
$790,000
$800,000
-1% Price Drop
Initial Listing
May 2, 2026
$800,000
Initial Listing