425 W Laurel, Salinas, California 93906, Salinas, 93906 - 2 bed, 2 bath
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Salinas, California 93906
This Condominium represents a Strong Value Opportunity, listed at $435,000—positioned well below the $414,445 Fair Market Value by -4%. While the list price exceeds the current estimation, the property offers a Condition Rating of 3, featuring a modern open floor plan, stainless steel appliances, and stone countertops. Residents enjoy a lifestyle-focused complex with a pool, spa, and private deck. This unit is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a move-in-ready home with established amenities in the ABC Unified district.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 425 W Laurel Subject | $435,000* List Price | 2 | 2 | 1,021 | $397 | - |
A 1797 Cherokee Drive 4 Sold | $410,000 | 3 | 2 | 986 | $416 | 0.9 mi |
B 1875 Cherokee Dr 4 Sold | $315,000 | 3 | 2 | 952 | $331 | 0.9 mi |
C 1807 Cherokee Drive 3 Sold | $420,000 | 3 | 2 | 1,155 | $364 | 1.0 mi |
D 1791 Cherokee Dr 4 Pending | $410,000 List Price | 3 | 2 | 986 | $416 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1985, the property has been well-maintained with visible updates. The kitchen features stainless steel appliances and stone countertops, and the bathrooms show updated tile work. The unit is functional and move-in ready, aligning with the 5-15 year renovation criteria.
The property features two large bedrooms each with its own private en suite bathroom, providing an ideal configuration for roommates or guests and increasing rental appeal.
Situated within a gated complex, residents enjoy access to pools, a spa, and a recreation room, along with the convenience of both a one-car garage and an assigned parking space.
This updated condo offers a desirable open floor plan with a cozy fireplace, in-unit laundry hookups, and a private deck, making it a move-in-ready option for buyers.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =1044, other record lot size in square feet = 3378. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 1.
The monthly HOA fee of $458.51 is a significant recurring cost that may impact the overall affordability and debt-to-income ratio for potential buyers.
The assigned public schools have relatively low ratings, ranging from 2 to 5, which may deter families and potentially limit long-term appreciation compared to higher-rated districts.
Great updated Condo with two large bedrooms in suite bathrooms. Open floor plan with laundry hook ups and inviting Fireplace. Wonderful deck with lots of trees and well-maintained grounds. Complex includes pools, spa and Rec Room gated complex with 1 car garage and 1 assigned parking space. Conventional Condo complex approved. Unit #K is the available unit..
No exterior & parking available.
Grades K-6 • 0.1 mi
Grades K-6 • 0.6 mi
Grades K-6 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.5 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,021 | 1,135.5 |
| Lot Size | 1,044 | 1,340.5 |
| Price | $435.0K | $444.9K |
| Price per sq ft | $426 | $430 |
| Built year | 1985 | 1979 |
| HOA | $458.51 | $522 |
| Days on market | 37 | 74 |
Jun 15, 2026
$435,000
Initial Listing