
Salinas, California 93906
This property presents a High-Potential Investment Opportunity with a List Price of $699,000—positioned slightly above the $690,241 Fair Market Value. While priced at market, the property features a Fair Condition Rating and significant value-add potential through its 14x24 workshop and large 6,600 sqft lot, which are ideal for an ADU conversion. The home offers a spacious layout with a covered patio and fireplace, providing a solid foundation for modernization. This is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build equity through renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 246 Dororo Drive Subject 2 bd · 2 ba · 1,353 sqft · $509 | $674,500* List Price | 2 | 2 | 1,353 | $509 | - |
A 1242 Adams Street Sold 2 bd · 2 ba · 1,349 sqft · $524 · 0.9 mi | $707,000 | 2 | 2 | 1,349 | $524 | 0.9 mi |
B 216 Toyon Avenue Sold 4 bd · 2 ba · 1,443 sqft · $442 · 0.1 mi | $638,000 | 4 | 2 | 1,443 | $442 | 0.1 mi |
C 208 Angelus Drive Sold 3 bd · 2 ba · 1,783 sqft · $430 · 0.2 mi | $767,000 | 3 | 2 | 1,783 | $430 | 0.2 mi |
D 410 Noice Drive Sold 2 bd · 1 ba · 1,178 sqft · $552 · 0.3 mi | $650,000 | 2 | 1 | 1,178 | $552 | 0.3 mi |
E 328 Noice Drive Sold 2 bd · 1 ba · 1,051 sqft · $642 · 0.2 mi | $675,000 | 2 | 1 | 1,051 | $642 | 0.2 mi |
F 319 Tapadero Sold 2 bd · 2 ba · 1,331 sqft · $525 · 0.2 mi | $699,000 | 2 | 2 | 1,331 | $525 | 0.2 mi |
G 43 Saint Brendan Way Sold 3 bd · 2 ba · 1,466 sqft · $546 · 0.6 mi | $800,000 | 3 | 2 | 1,466 | $546 | 0.6 mi |
H 236 Maryal Drive Active Under Contract 3 bd · 1 ba · 1,112 sqft · $584 · 0.1 mi | $649,000 List Price | 3 | 1 | 1,112 | $584 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1950 with interior renovations (kitchen and bathrooms) that appear to be 25-30 years old. While the home is well-maintained and functional, the oak cabinetry, tile countertops, and bathroom fixtures are dated and will require updates to meet modern standards.
The property features a substantial 14x24 workshop that offers excellent versatility for a hobbyist or potential conversion into an Accessory Dwelling Unit (ADU) to increase property value.
A large family/dining room combo paired with a 19x13 covered patio provides ample space for hosting large gatherings and seamless indoor-outdoor living.
Situated on a 6,600 sqft lot, the property boasts a huge backyard, offering rare outdoor space for gardening, recreation, or future expansions in a well-established neighborhood.
With only two bedrooms, the home may have limited appeal for larger families or buyers requiring multiple dedicated home office spaces.
The laundry facilities are located in the garage rather than the main living area, which may be seen as a minor inconvenience for some homeowners.
If you are looking for that well maintained home close to schools and shopping don't miss seeing this home. This 2 bedroom, 2 full bath home has a spacious living room with fireplace, a kitchen with plenty of space for meal prep and a large family room/dining room combo ideal for your large get togethers. If you want more room you can overflow into the approximate 19 x 13 covered patio in the backyard. If a large primary bedroom with a spacious private bathroom is high on your list you can check it off your list here. The laundry area is in the garage and includes a soaking tub. If there is a handyman in your family they will love the large (approximate 14x24) workshop in the backyard. If the workshop is not important it might make a great ADU with some work. Even with all this, there is still so much space in this huge backyard.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,353 | 1,582.189 |
| Lot Size | 6,600 | 6,844.911 |
| Price | $674.5K | $805.1K |
| Price per sq ft | $499 | $518 |
| Built year | 1950 | 1974 |
| HOA | $0 | $210 |
| Days on market | 25 | 45 |
Oct 23, 2026
$674,500
$699,000
-4% Price Drop
Initial Listing
Sep 29, 2026
$699,000
Initial Listing