452 Vallejo Street, Salinas, California 93906, Salinas, 93906 - 3 bed, 1 bath
Loading property details...
Salinas, California 93906
This Value-Add Residential Asset is listed at $610,000, positioned relative to a $509,996 Fair Market Value. While the Condition Rating of 5 necessitates a comprehensive interior rehab, the property offers substantial upside via its 6,000 sq. ft. lot, private patio, and significant ADU and Income Potential. Essential infrastructure, including updated windows and an upgraded electrical panel, is already completed. Located near El Gabilan Elementary and North Salinas High School, this property is an ideal acquisition for Fix-and-Flip Investors or Buy-and-Hold Investors seeking forced appreciation through density and renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 452 Vallejo Street Subject | $610,000* List Price | 3 | 1 | 950 | $537 | - |
A 208 Diablo Drive Sold | $660,000 | 3 | 1 | 1,112 | $594 | 0.2 mi |
B 108 Gardenia Drive Sold | $581,000 | 3 | 2 | 1,133 | $513 | 0.9 mi |
C 276 Noice Sold | $540,000 | 2 | 1 | 1,051 | $514 | 0.6 mi |
D 1489 Lassen Avenue Sold | $720,000 | 4 | 2 | 1,260 | $571 | 0.5 mi |
E 1448 Modoc Avenue Active | $629,999 List Price | 3 | 2 | 1,036 | $608 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1954, this 70-year-old property requires a full interior rehab. While the electrical panel and windows have been upgraded, the interior is in poor condition with heavily stained carpets, dated kitchen and bathroom fixtures, and significant wall staining/damage suggesting long-term neglect.
The generous 6,500 sq. ft. lot and existing garage provide excellent opportunities for adding a detached ADU or converting the garage into a Junior ADU, offering significant potential for multi-generational living or rental income.
The property features updated windows and an upgraded exterior electrical panel, which improves energy efficiency and safety while reducing immediate capital expenditure for the new owner.
Conveniently situated within walking distance to several elementary schools and North Salinas High School, this home is well-positioned for families and offers easy access to local neighborhood amenities.
With three bedrooms but only one bathroom, the home's layout may be restrictive for larger households and could impact marketability compared to homes with a second bath.
At 950 square feet, the living space is relatively small for a three-bedroom residence, which may result in smaller bedroom sizes and limited common area flexibility.
3 bed, 1 bath, 1 car garage. Priced to sell. This property has updated windows and upgraded exterior electrical panel. Large 6,500 sq. ft. lot provides ample space in the rear yard for possibly building additional detached ADU (accessory dwelling unit), And/OR possibly convert garage into Junior ADU (studio apartment) for additional income? There are many possibilities for this property.
No exterior & parking available.
Grades K-6 • 0.2 mi
Grades K-6 • 0.5 mi
Grades K-6 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 11% |
| Square foot | 950 | 1,353 | 5% |
| Lot Size | 6,000 | 6,000 | 50% |
| Price | $610.0K | $705.0K | 17% |
| Price per sq ft | $642 | $504 | 93% |
| Built year | 1954 | 1975 | 16% |
| HOA | $0 | $0 | 50% |
| Days on market | 6 | 152 | 1% |
Apr 16, 2026
$610,000
Initial Listing