
Salinas, California 93901
This Prime Investment Opportunity is listed at a List Price of $439,000, positioned well below the $448,967 Fair Market Value by 2%. This valuation gap provides $9,967 in Instant Equity. Featuring a Condition Rating of 4, the home offers modern Granite Kitchen finishes and Hardwood Flooring. While the wall furnace indicates a need for future efficiency upgrades, the walkable South Salinas location and private garage add significant value. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 30 W San Joaquin Street 3 Subject 2 bd · 1 ba · 1,000 sqft · $449 | $439,000* List Price | 2 | 1 | 1,000 | $449 | - |
A 30 W San Joaquin Street 5 Active 2 bd · 1 ba · 972 sqft · $472 · 0.0 mi | $459,000 List Price | 2 | 1 | 972 | $472 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1985, the property is over 20 years old. While it features functional updates such as granite countertops and hardwood flooring, the heating system relies on a dated wall furnace.
Situated in a highly walkable area, the property offers convenient access to local restaurants, grocery stores, parks, and schools, making it ideal for those seeking a centrally located lifestyle.
The home features durable granite countertops, hardwood and tile flooring throughout, and a cozy wood-burning fireplace, providing a move-in-ready feel with quality materials.
This unit includes a private one-car garage and internal laundry facilities with a washer and dryer, offering significant convenience and added value rarely found in similar condominiums.
The monthly HOA fee of $535 is relatively high, which may impact the overall affordability and debt-to-income ratio for potential buyers.
With only one full bathroom for two bedrooms and the absence of a formal dining room, the layout may feel restrictive for families or buyers who prioritize hosting.
New Interior Paint, Located in Salinas, this 1,000 sq ft home offers 2 bedrooms and 1 full bathroom. The kitchen features electric cooktop and oven, granite countertops, dishwasher, microwave, trash compator, garbage disposal, and a refrigerator. Hardwood and tile flooring run throughout the home. The living room includes a wood-burning fireplace, and heating is supplemented by a wall furnace. The dining area includes an "L" shaped layout with a dining bar, but no formal dining room. Laundry facilities with washer and dryer are located inside the home. The bathroom has a tiled stall shower. Parking is provided by a one-car garage. The property is part of the Salinas City Elementary school district. Walking distance to many imentities, local restaurants, grocery stores, schools, parks and many other services. Very locally centered to the South Salinas area.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.1 |
| Baths | 1.0 | 1.8 |
| Square foot | 1,000 | 1,185 |
| Lot Size | - | 3,349.333 |
| Price | $439.0K | $497.5K |
| Price per sq ft | $439 | $420 |
| Built year | 1985 | 1981 |
| HOA | $535.0 | $547 |
| Days on market | 32 | 91 |
Sep 22, 2026
$439,000
Initial Listing
Apr 13, 2020
$330,000
Public Record
Jun 19, 2013
$175,000
Public Record