
Salinas, California 93901
This Single Family Residence represents a Prime Investment Opportunity, listed at $849,000—positioned well below the $873,827 Fair Market Value by 2%. This valuation gap provides $24,827 in Instant Equity for the buyer. With a Condition Rating of 3, the home features a 2020 roof and updated bathrooms, offering stability alongside potential for cosmetic modernization. Located on a quiet dead-end street near Lincoln Elementary, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking long-term value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 222 Oak Street Subject | $849,000* List Price | 3 | 2 | 1,737 | $503 | - |
A 1211 Via Paraiso Sold | $910,000 | 3 | 2 | 1,792 | $508 | 0.6 mi |
B 333 Hawthorne Street Sold | $842,000 | 3 | 2 | 1,511 | $557 | 0.2 mi |
C 632 San Tomas Way Sold | $925,000 | 3 | 2 | 1,863 | $497 | 0.6 mi |
D 123 Chestnut Street Sold | $840,000 | 3 | 2 | 1,620 | $519 | 0.3 mi |
E 207 Encinada Drive Sold | $790,000 | 3 | 2 | 1,462 | $540 | 0.6 mi |
F 14 San Juan Drive Sold | $775,000 | 2 | 2 | 1,306 | $593 | 0.3 mi |
G 1201 San Angelo Drive Sold | $820,000 | 3 | 2 | 1,588 | $516 | 0.8 mi |
H 520 La Mesa Drive Sold | $739,000 | 3 | 2 | 1,582 | $467 | 0.7 mi |
I 137 Maple Street Active | $839,900 List Price | 3 | 2 | 1,700 | $494 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Despite being built in 1930, the home is well-maintained and move-in ready. Key updates include a new roof (2020), updated bathrooms, and central forced air heating. The kitchen is functional with tile countertops and hardwood floors are in good condition, fitting the 5-15 year renovation/maintenance profile.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9300, living area = 1737.
Situated at the end of a dead-end street in desirable South Salinas, this property offers a peaceful, low-traffic environment with exceptional proximity to highly-rated schools like Lincoln Elementary.
The generous 9,300 sq ft lot features mature landscaping and a 2-car garage with a dedicated workshop area, providing rare outdoor space and functional versatility for the neighborhood.
The property has undergone multiple significant price reductions since its initial listing, dropping nearly $91,000, which may indicate a misalignment with current market expectations or buyer demand.
Built in 1930, the home retains some original elements such as single-pane windows, which may result in lower energy efficiency and potential modernization needs compared to newer constructions.
Located in south Salinas, this 1,737 sq ft home offers 3 bedrooms and 2 full bathrooms within the Salinas City Elementary school district. The kitchen features tile countertops, a gas oven range, and a dishwasher, providing practical functionality. Flooring throughout includes a combination of hardwood and tile, enhancing the home's appeal. Enjoy the warmth of a wood-burning fireplace in the living area. Bathrooms are updated and include double sinks, a shower over tub, and a stall shower. The formal dining room and breakfast nook provide versatile dining options. Heating is supplied by central forced air (gas). Additional features include some double-pane windows, low flow toilets, and a 2-car garage with an additional area for a workshop. The property sits on a lot of approximately 9,300 sq ft. Roof replaced in 2020 along with garage roof. There are large mature trees with nicely landscaped areas. The property sits towards the end of Oak Street. Its very pleasant and quiet as its a dead end street. Go take a look lots of pride and character with his one.
No exterior & parking available.
Grades K-6 • 0.1 mi
Grades K-6 • 0.5 mi
Grades K-6 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,737 | 1,621 |
| Lot Size | 9,300 | 7,100 |
| Price | $849.0K | $803.5K |
| Price per sq ft | $489 | $520 |
| Built year | 1930 | 1970 |
| HOA | $0 | $243 |
| Days on market | 34 | 45 |
Jul 13, 2026
$849,000
$899,000
-6% Price Drop
Initial Listing
Jul 1, 2026
$899,000
$939,900
-4% Price Drop
Initial Listing
Jun 18, 2026
$939,900
Initial Listing
Mar 29, 2017
$540,000
Public Record