301 Lorimer Street, Salinas, California 93901, Salinas, 93901 - 2 bed, 2 bath
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301 Lorimer Street
Salinas, California 93901
ACTIVE
CONDITION: EXCELLENT
2Beds
2Baths
1,382Sq Ft
6,300Lot Size
Property Price
LIST PRICE$749,888
EST. MARKET VALUE
$803,030
6% BelowMARKET VALUE
SUMMARY
This Stunning Move-In Ready Home is a Strong Value Opportunity, listed at $749,888—positioned well below the $803,031 Fair Market Value by 6%. This valuation gap offers $53,143 in Instant Equity for the buyer. Featuring a Mint Condition Rating, this property includes a 2020 roof, hardwood floors, and a private courtyard. Located in the desirable Mission Park area, it offers a perfect blend of modern upgrades and lifestyle comfort. This is an ideal acquisition for Owner-Occupants or first-time buyers seeking a turnkey residence.
Estimated Market Value
$803,030+$53,142 Equity Potential
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 |
|---|---|---|---|---|---|---|
★ 301 Lorimer Street Subject | $749,888* List Price | 2 | 2 | 1,382 | $581 | - |
A 730 Lemos Avenue Sold | $800,000 | 3 | 2 | 1,457 | $549 | 0.5 mi |
B 123 Chestnut Street Sold | $840,000 | 3 | 2 | 1,620 | $519 | 0.7 mi |
C 782 Fairfax Drive Sold | $800,000 | 3 | 2 | 1,276 | $627 | 0.7 mi |
D 643 Stanford Avenue Sold | $759,000 | 3 | 2 | 1,154 | $658 | 0.6 mi |
E 783 Central Avenue Sold | $836,000 | 3 | 2 | 1,636 | $511 | 0.6 mi |
F 30 Santa Monica Court Sold | $794,000 | 3 | 2 | 1,354 | $586 | 0.9 mi |
G 58 Young Drive Sold | $820,000 | 3 | 2 | 1,844 | $445 | 0.7 mi |
H 840 Capistrano Drive Active Under Contract | $760,000 List Price | 3 | 2 | 1,131 | $672 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although built in 1939, the property has undergone a comprehensive remodel including a new roof in 2020, fresh interior/exterior paint, and a modernized kitchen with stainless appliances. The addition of high-end systems like a whole-house water filtration system and 4K security, along with pristine hardwood floors and dual-pane windows, meets the criteria for mint condition with recent major renovations.
PROSSTRENGTHS & OPPORTUNITIES
- Turn-Key Modern Upgrades
The property is a meticulously maintained remodel featuring a new dimensional composition roof (2020), fresh interior/exterior paint, and high-end extras including a Pelican whole-house water filtration system and a 4K security system.
- Prime Mission Park Location
Situated in the highly sought-after South Salinas area, the home boasts exceptional curb appeal, professional landscaping, and a private courtyard, offering a premium neighborhood experience.
- Versatile Layout and Storage
Beyond the two bedrooms, the floor plan includes a private office and an oversized two-car garage with a workshop area, complemented by additional off-street parking for up to four vehicles or oversized equipment.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1382, other record living area = 1257.
- Limited Bedroom Count
With only two formal bedrooms, the property may have limited appeal for larger families or buyers requiring more than one dedicated guest space.
- Modest Interior Square Footage
At 1,382 square feet, the living space is relatively compact, which may be a drawback for buyers seeking a more expansive or open-concept residential footprint.
About 301 Lorimer Street
OPEN Saturday 11:00am-2:00pm. Sought After South Salinas Mission Park Neighborhood. Spacious 6,300sf Lot, Possible Room For ADU (Large Area To Right of Garage. Open Floor Plan: 2 Bedrooms Plus Office, 2 Full Bathrooms, 1,382sf of Living. Light and Bright Kitchen - Stainless Appliances: Refrigerator, Dishwasher, Recessed Lightning. New Dimensional Composition Roof Installed In 2020. Loaded With Extras! Built In 1939 - Loaded With Character & Charm Formal Dining Room With Custom Built-Ins. Amazing and Spacious Living Room, With Fireplace. Hardwood Flooring and Dual Pane Window Accents, Large Closets For Both Bedrooms. Interior Recently Painted. Extras! . Extras Include: Whole House Pelican PSE 1800 Water Softener System and Filter, Security Camera: Eufy 4K (Four Cameras) Security System. Attached Garage Plus Additional Parking For 4 Vehicles, Oversized Vehicle. 6,300 Square Foot Lot ... Beautifully Landscaped Front Yard, Low Maintenance Rear Yard Offering Hard Scape, Raised Planter Beds, Watering System. Spacious Storage Shed, That Conveys. A Must See.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1939
- Lot Size
- 6,300 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,382 | 1,586.885 |
| Lot Size | 6,300 | 6,939.262 |
| Price | $749.9K | $809.5K |
| Price per sq ft | $543 | $527 |
| Built year | 1939 | 1973 |
| HOA | $0 | $218 |
| Days on market | 20 | 46 |
Pricing History
Listed for Sale
Aug 20, 2026
$749,888
Initial Listing
Sold
Mar 26, 2010
$255,000
Public Record
Sold
Jan 4, 2006
$525,000
Public Record