
Salinas, California 93901
This Spacious 6-Bedroom Residence represents a High-Potential Investment Opportunity, listed at $899,000—positioned slightly above the $886,508 Fair Market Value. While the property requires attention due to its Condition Rating of 4, it offers significant versatility through its Mother-in-Law Quarters and Granite Kitchen. The layout is ideal for multigenerational living or rental income generation. This property is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to leverage the property's character and size to build long-term value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 431 West Street Subject | $899,000* List Price | 6 | 3 | 2,764 | $321 | - |
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 307 De La Vina Way Sold | $911,160 | 4 | 3 | 2,302 | $396 | 0.8 mi |
D 1007 Driftwood Place Sold | $885,000 | 4 | 4 | 2,304 | $384 | 0.7 mi |
E 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.
While the kitchen and bathrooms have received mid-range updates (granite, stainless appliances, newer vanities) likely within the last 10-15 years, the 1928 structure shows significant age-related wear. Visible cracking in upstairs plaster/drywall, heavily worn original hardwood floors, and the presence of dated wall-mounted heaters rather than modern central HVAC indicate the home needs further modernization and minor repairs to be considered move-in ready by modern standards.
The expansive 6-bedroom layout includes a dedicated mother-in-law suite with a private entrance, providing exceptional flexibility for large families or potential rental income.
Built in 1928, the home blends classic character with modern upgrades, including a remodeled granite kitchen, stainless steel appliances, and individual temperature controls in each bedroom.
The property features a fenced yard with mature lemon and avocado trees, two storage sheds, and a detached garage, offering rare utility and privacy in a central location.
With 44 days on the market and a recent price reduction, the property is experiencing slower absorption, suggesting the initial pricing may have exceeded local market demand.
Despite significant cosmetic and functional updates, the 1928 construction date may necessitate ongoing maintenance of aging structural or systemic components typical of century-old homes.
Welcome to this spacious 6-bedroom, 3-bath home with a mother-in-law quarters and a private entrance. The inviting entry opens to a bright floor plan featuring hardwood floors, two living/sitting areas (one with a fireplace), and abundant natural light. The dining area offers plenty of space for gatherings. The updated kitchen includes stainless steel appliances, granite countertops, open shelving, and generous cabinet space. The first floor features 3 bedrooms and 2 full bathrooms. Upstairs, there are 3 additional bedrooms, 1 full bathroom, and attic space for extra storage. Additional features include a recently painted exterior, new gutters, individual temperature controls in each bedroom, and double-pane windows. Enjoy the fenced yard and patio, perfect for entertaining, along with lemon and avocado trees, two storage sheds, and a detached garage. Conveniently located near Hartnell College, Palma High School, Old Town Salinas, shopping, and restaurants. A short 27-minute drive to Monterey. A truly unique property with character, space, and versatility, perfect for multigenerational living.
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 | 1,621 |
| Lot Size | 6,500 | 7,100 |
| Price | $899.0K | $803.5K |
| Price per sq ft | $325 | $520 |
| Built year | 1928 | 1970 |
| HOA | $0 | $243 |
| Days on market | 47 | 45 |
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