2402 N Main Street A, Salinas, California 93906, Salinas, 93906 - 2 bed, 2 bath
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2402 N Main Street A
Salinas, California 93906
ACTIVE
CONDITION: FAIR
2Beds
2Baths
932Sq Ft
1,120Lot Size
Property Price
LIST PRICE$399,000
EST. MARKET VALUE
$390,196
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $399,000—positioned well below the $390,196 Fair Market Value by -2%. While the property requires modernization due to its Fair Condition Rating, it offers a functional ground-floor layout and access to premium community amenities, including a heated pool and spa. Despite the lack of in-unit laundry, the resort-like lifestyle and proximity to Everett Alvarez High School provide long-term stability. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking value-add potential.
Estimated Market Value
$390,196
Based on Realkey algorithm analyzing recent comparable sales in Salinas.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2402 N Main Street A Subject | $399,000* List Price | 2 | 2 | 932 | $419 | - |
A 2400 N Main Street F Sold | $368,000 | 1 | 1 | 820 | $449 | 0.0 mi |
B 2408 N Main Street H Sold | $375,000 | 1 | 1 | 820 | $457 | 0.0 mi |
C 2412 N Main Street G Sold | $395,000 | 2 | 2 | 932 | $424 | 0.1 mi |
D 2402 N Main Street C Active | $419,700 List Price | 2 | 1 | 932 | $450 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1980, this 44-year-old property is functional but dated. The kitchen features older Formica countertops and painted original cabinetry with exposed hinges, while the bathroom retains vintage tile work. Although it has received minor cosmetic updates like paint and a newer vanity, the overall finishes and lack of cooling systems align with the 'Fair' criteria for properties over 20 years old needing modernization.
PROSSTRENGTHS & OPPORTUNITIES
- Extensive Community Amenities
Residents benefit from premium recreational facilities including a heated pool, a lap pool, and a pool/spa combo, providing a resort-like lifestyle within the complex.
- Enhanced Interior Comfort
The home features two fireplaces with gas logs and starters alongside central forced air heating, ensuring a cozy and well-heated living environment.
- Accessible Ground-Floor Layout
With two bedrooms located on the ground floor and the inclusion of a walk-in closet, the property offers excellent accessibility and functional storage for residents.
CONSRISKS & DEFICIENCIES
- High Association Fees
The monthly association fee of $638 is relatively high for a property of this size, which may impact overall affordability and attract fewer budget-conscious buyers.
- Lack of Essential Conveniences
The absence of an in-unit laundry area and a private garage represents a significant drawback for modern buyers seeking convenience and secure parking.
About 2402 N Main Street A
Located in Salinas, this 932 sq ft home offers two bedrooms on the ground floor, including a walk-in closet. The full bathroom features tile flooring and a shower over tub. The kitchen is equipped with Formica countertops and a gas oven range. Flooring throughout includes carpet, laminate, and vinyl/linoleum. Heating is provided by central forced air, and two fireplaces with gas log and gas starter add warmth to the space. There is no cooling or laundry area in the home. The dining area provides a dedicated space for meals. The property is part of the Santa Rita Union Elementary School District. While there is no garage, community amenities include a heated pool, lap pool, and a pool/spa combo. The lot size is approximately 1,120 sq ft.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1980
- Lot Size
- 1,120 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $638.0 / Month
Neighborhood Insights
Salinas Unified Schools
Everett Alvarez High School
Grades 9-12 • 2.5 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.1 |
| Baths | 2.0 | 1.8 |
| Square foot | 932 | 1,220 |
| Lot Size | 1,120 | 3,349.333 |
| Price | $399.0K | $503.4K |
| Price per sq ft | $428 | $425 |
| Built year | 1980 | 1980 |
| HOA | $638.0 | $567 |
| Days on market | 34 | 89 |
Pricing History
Listed for Sale
Aug 6, 2026
$399,000
Initial Listing
Sold
Feb 19, 2010
$70,000
Public Record
Sold
Jan 29, 2010
$88,000
Public Record
Sold
Oct 29, 2004
$293,000
Public Record
Sold
May 16, 2003
$196,500
Public Record
Sold
Jul 15, 1998
$170,000
Public Record