
Salinas, California 93901
This 1935 Vintage Single Family Residence is a High-Potential Investment Opportunity, listed at $639,000—positioned well above the $619,065 Fair Market Value by -3%. Featuring a Condition Rating of 4, the home offers significant historical character, including original hardwood floors and a spacious basement, though it requires aesthetic updates. Located near Central Park and downtown Salinas, the property provides excellent utility with a detached garage and deck. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a project with long-term appreciation potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 338 Alexander Street Subject | $639,000* List Price | 2 | 1 | 1,048 | $591 | - |
A 116 Harvest Street Sold | $590,000 | 2 | 1 | 991 | $595 | 1.0 mi |
B 333 West Street Sold | $720,000 | 2 | 1 | 1,286 | $560 | 0.5 mi |
C 19 West Street Sold | $690,000 | 3 | 2 | 1,348 | $512 | 0.1 mi |
D 22 Willow Street Sold | $615,000 | 2 | 1 | 1,178 | $522 | 1.0 mi |
E 643 Stanford Avenue Sold | $759,000 | 3 | 2 | 1,154 | $658 | 0.6 mi |
F 826 Central Avenue Sold | $690,000 | 3 | 2 | 1,304 | $529 | 0.6 mi |
G 234 Cherry Drive Sold | $480,000 | 2 | 1 | 753 | $637 | 0.9 mi |
H 51 Nacional Street Active | $649,500 List Price | 2 | 1 | 1,097 | $592 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1935, this home is well-maintained but dated. While it features updated double-pane windows and preserved hardwood floors, the kitchen and bathroom are 'vintage' with older wallpaper, flooring, and lighting fixtures that exceed the 20-30 year age bracket for modern standards. It is move-in ready but requires aesthetic and likely systemic updates.
This 1935 vintage home retains exceptional historical integrity with original hardwood floors, arched doorways, picture railings, and unique period details like a built-in phone nook and pie cooling rack.
The property offers significant functional space rarely found in homes of this size, including a spacious basement for hobbies or storage, an indoor laundry room, and a detached garage.
Ideally situated within walking distance to Central Park, Hartnell College, and downtown Salinas, providing residents with easy access to premium dining, shopping, and urban amenities.
The 2-bedroom, 1-bathroom configuration and 1,048 square foot layout may limit the buyer pool to individuals or small households, potentially excluding larger families.
Despite the inclusion of double-pane windows, a home built in 1935 may require significant ongoing maintenance or costly updates to aging electrical, plumbing, or foundation systems.
Step into the timeless charm of this classic single level vintage home, where original character and architectural details create a warm and inviting atmosphere. The sun filled living room is bathed in natural light from a large picture window and showcases beautiful hardwood floors, chandelier, arched doorways, picture railing, and charming phone nook. A separate dining room provides the perfect setting for everyday meals or special gatherings. The vintage inspired kitchen is full of personality with a pie cooling rack and built in spice rack. Double pane windows add comfort, while the indoor laundry and utility room offer everyday convenience. Spacious basement provides excellent storage space and additional hobby space. Step outside through the guest room patio door to an extended deck overlooking the fenced backyard. A long driveway leads to the detached garage, surrounded by mature blooming landscaping. The Mediterranean inspired exterior and tiled front porch add welcoming curb appeal. Ideally located near Central Park, Hartnell College, downtown Salinas, shopping, dining, and everyday amenities, this is a wonderful opportunity to own a home filled with character and history.
No exterior & parking available.
Grades K-6 • 0.3 mi
Grades K-6 • 0.9 mi
Grades K-6 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,048 | 1,586.885 |
| Lot Size | 5,500 | 6,939.262 |
| Price | $639.0K | $809.5K |
| Price per sq ft | $610 | $527 |
| Built year | 1935 | 1973 |
| HOA | $0 | $218 |
| Days on market | 41 | 46 |
Jul 30, 2026
$639,000
Initial Listing
Sep 6, 2013
$273,000
Public Record
Oct 29, 2009
$152,500
Public Record