
Salida, CA 95368
Analysis of 4531 Magnolia, Salida, CA 95368 is currently available with a list price of $534,900. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Salida Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is new construction or fully renovated.
While the main structure dates to 1941, the property has undergone a complete high-end remodel within the last few years, and includes a brand-new 500 sq. ft. ADU. Interior photos show modern flooring, fresh paint, and updated fixtures. Systems are upgraded with new mini-split HVAC units and an EV charging station, meeting the criteria for mint condition with no immediate maintenance required.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8650, living area = 884.
The property features two separate dwellings, including a remodeled main home and a newly constructed 500 sq. ft. ADU, offering significant potential for rental income or multigenerational living.
Situated on a generous 8,650 sq. ft. lot, the property provides ample space for RV parking, boat storage, and a dedicated workshop, catering to hobbyists and those with multiple vehicles.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =8650, other record lot size in square feet = 8276.
The main home consists of only 884 sq. ft., which may feel restrictive for families requiring larger indoor living spaces or more than two bedrooms in the primary unit.
Originally built in 1941, the primary structure may possess aged underlying systems or architectural limitations common in older homes, despite the recent aesthetic renovations.
Two Homes on One Lot! Excellent opportunity for homeowners and investors alike. This property features a beautifully remodeled 884 sq. ft. main home offering 2 bedrooms, 1 bathroom, a spacious living room and dining area combination, indoor laundry room, inviting front porch, covered back patio, workshop/storage and fenced front yard. The newly constructed 500 sq. ft. ADU provides a modern open-concept floor plan with 1 bedroom and 1 bathroom, making it ideal for rental income, extended family, guests, or a private home office. Situated on a large lot with ample space for RV parking, boat storage, trailers, or additional vehicles. Whether you're looking for multigenerational living, an income-producing property, or extra flexibility, this unique property offers endless possibilities.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 884 | - |
| Lot Size | 8,650 | - |
| Price | $534.9K | $538.3K |
| Price per sq ft | $605 | $322 |
| Built year | 1941 | 0 |
| HOA | $0 | $0 |
| Days on market | 37 | 36 |
Jul 2, 2026
$534,900
$564,900
-5% Price Drop
Initial Listing
Jun 15, 2026
$564,900
Initial Listing
Dec 16, 2022
$263,000
Public Record
Dec 19, 1996
$83,000
Public Record