
Salinas, California 93901
This Spacious 6-Bedroom Residence represents a Strong Value Opportunity, listed at $899,000—positioned well above the $851,796 Fair Market Value by -5%. While the property requires modernization, its Fair Condition Rating and massive 2,764 sqft footprint offer significant potential for value-add renovations. The generous 6,500 sqft lot provides excellent ADU & Expansion Potential for rental income. This property is an ideal acquisition for Buy-and-Hold Investors or Multigenerational Families seeking a versatile, high-capacity asset in South Salinas.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 431 West Street Subject | $889,000* List Price | 6 | 3 | 2,764 | $307 | - |
A 330 Homestead Avenue Sold | $775,000 | 4 | 3 | 2,563 | $302 | 0.2 mi |
B 36 Pine Street Sold | $868,000 | 5 | 4 | 2,609 | $333 | 0.5 mi |
C Cayuga Street Pending | $889,000 List Price | 6 | 3 | 2,385 | $373 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1928, this property is significantly dated despite recent maintenance. While the exterior has been painted and new wall heaters were added to bedrooms, the interior features older oak cabinetry, aged hardwood flooring, and original built-ins that likely exceed 20-30 years since any major renovation. The reliance on individual wall heaters rather than a modern central HVAC system and the dated aesthetic of the utility/kitchen areas necessitate minor repairs and comprehensive cosmetic updates.
As the largest home in South Salinas with 6 bedrooms and over 2,700 sqft, the property offers rare versatility for multigenerational families or high-capacity rental potential.
The generous 6,500 sqft lot includes a detached garage and ample space, providing a prime opportunity to add an Accessory Dwelling Unit (ADU) for additional income or guest housing.
The home features a freshly painted exterior, new gutters, and new heaters in all bedrooms, reducing immediate maintenance costs for the incoming buyer.
With over 90 days on the market and a recent price reduction, the property may face challenges regarding its initial valuation or specific buyer requirements in the current market.
Originally built in 1928, the property may require significant modernization of its core systems and interior aesthetics to meet contemporary standards.
Largest home in South Salinas! This home looks deceiving, but it's a spacious 6-bedroom, 3-bathroom home with a versatile floor plan ideal for multigenerational living, extended family, guests, or anyone needing extra room to work or grow. Inside, you'll find bright, comfortable living spaces with a layout that adapts to your lifestyle. Outside, the generous lot offers room to relax, entertain, garden, and may provide potential for an ADU or additional improvements (buyer to verify with the City of Salinas). Whether you're looking for a home with room for everyone, space to create rental income opportunities, or simply a property with long-term potential, this home is packed with possibilities. Additional features include a recently painted exterior, new gutters, and brand new heaters in each bedroom. Enjoy the fenced yard and patio, perfect for entertaining, along with lemon and avocado trees, two storage sheds, and a detached garage located near schools, shopping, dining, and downtown Salinas. You'll enjoy easy access while living in an established neighborhood.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 6.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,764 | 1,586.885 |
| Lot Size | 6,500 | 6,939.262 |
| Price | $889.0K | $809.5K |
| Price per sq ft | $322 | $527 |
| Built year | 1928 | 1973 |
| HOA | $0 | $218 |
| Days on market | 96 | 46 |
Sep 6, 2026
$889,000
$899,000
-1% Price Drop
Initial Listing
Jul 9, 2026
$899,000
$919,000
-2% Price Drop
Initial Listing
Jun 5, 2026
$919,000
Initial Listing
Mar 19, 2025
$852,500
Public Record
Sep 13, 2017
$550,000
Public Record
Mar 31, 2015
$450,000
Public Record
Dec 4, 2008
$300,000
Public Record
Feb 26, 2004
$398,000
Public Record