2426 N Main Street B, Salinas, California 93906, Salinas, 93906 - 2 bed, 2 bath
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2426 N Main Street B
Salinas, California 93906
ACTIVE
CONDITION: POOR
2Beds
2Baths
1,155Sq Ft
1,242Lot Size
Property Price
LIST PRICE$439,000
EST. MARKET VALUE
$439,000
SUMMARY
This 2-bedroom condominium represents a High-Potential Investment Opportunity, listed at a List Price of $439,000, which aligns with the current Fair Market Value of $439,000. With a Condition Rating of 5, the property requires strategic updates to modernize its original finishes and address deferred maintenance. Key features include a ground-floor bedroom, walk-in closet, and access to a community lap pool and spa. This asset is best suited for Buy-and-Hold Investors or first-time buyers capable of executing value-add renovations to maximize long-term appreciation.
Estimated Market Value
$439,000
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 |
|---|---|---|---|---|---|---|
★ 2426 N Main Street B Subject 2 bd · 2 ba · 1,155 sqft · $380 | $439,000* List Price | 2 | 2 | 1,155 | $380 | - |
A 2400 N Main Street F Sold 1 bd · 1 ba · 820 sqft · $449 · 0.1 mi | $368,000 | 1 | 1 | 820 | $449 | 0.1 mi |
B 2398 N Main Street A Active 3 bd · 2 ba · 1,244 sqft · $346 · 0.1 mi | $430,000 List Price | 3 | 2 | 1,244 | $346 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
The property was built in 1989, making it 35 years old, which falls into the 'poor' category based on the provided age criteria (>30y). The kitchen and bathrooms appear original with dated Formica countertops and oak cabinetry. While functional, the home features older finishes like popcorn ceilings and lacks modern updates or central cooling, indicating a need for rehab to meet current market standards.
PROSSTRENGTHS & OPPORTUNITIES
- Community Amenities
The property features access to a fenced, in-ground lap pool and spa/hot tub, providing residents with premium recreational facilities.
- Functional Layout
The home includes a desirable ground-floor bedroom and a walk-in closet, offering accessibility and ample storage space.
- Enhanced Security
The residence is protected by a security gate, providing an added layer of safety and privacy within the community.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =1242, other record lot size in square feet = 1147. Living area discrepancy between mls listing and other public or private record. mls listing living area = 1155, other record living area = 815. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 1.
- High Association Fees
The monthly HOA fee of $638 is significant and may impact the overall affordability and monthly carrying costs for potential buyers.
- Lack of Private Garage
The property does not include a garage, which limits secure parking options and additional storage capacity compared to similar homes.
About 2426 N Main Street B
This 2-bedroom, 2-bath home is located in Salinas within the Santa Rita Union Elementary School District. The 932 sq. ft. residence features carpet and tile flooring throughout. The kitchen is equipped with Formica countertops, a gas oven range, refrigerator, hood over range, and garbage disposal. Both bathrooms include a shower and tub or stall shower. The home offers two fireplaces with gas logs and gas starters, and heating is provided by central forced air (gas). Laundry hookups (110V) are located in the utility room. There is no garage, but the property is secured by a security gate. The lot size measures approximately 1,242 sq. ft. Community amenities include a fenced, in-ground lap pool and spa/hot tub. There is no central cooling system. The dining area adjoins the kitchen area, and the bedrooms include a ground-floor bedroom and a walk-in closet. Low flow toilets contribute to energy efficiency.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1989
- Lot Size
- 1,242 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 | 1,155 | 1,185 |
| Lot Size | 1,242 | 3,349.333 |
| Price | $439.0K | $497.5K |
| Price per sq ft | $380 | $420 |
| Built year | 1989 | 1981 |
| HOA | $638.0 | $547 |
| Days on market | 79 | 91 |
Pricing History
Listed for Sale
Aug 6, 2026
$439,000
Initial Listing
Sold
Oct 7, 2009
$70,000
Public Record
Sold
Nov 30, 2007
$250,000
Public Record