5000 Kiernan Avenue, Salida, CA 95368, Salida, 95368 - 8 bed, 4 bath
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Salida, CA 95368
Analysis of 5000 Kiernan Avenue, Salida, CA 95368 is currently available with a list price of $819,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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 moderate renovation needed.
Built in 1964, this fourplex is described as well-maintained and professionally managed, suggesting it is functional and move-in ready. However, the property analysis highlights aging infrastructure as a weakness, and there is no mention of a recent full-scale renovation. The property likely retains older kitchen and bathroom styles with components that, while operational, show signs of being outdated, consistent with the 'fair' condition criteria for a 60-year-old building.
The property offers immediate income with substantial potential to increase rents through market adjustments, providing a clear path for investors to enhance their return on investment.
Proximity to Highway 99 ensures high tenant demand by providing easy access to major employment centers, shopping, and surrounding communities in the growing Salida market.
Professionally managed and well-maintained, this fourplex allows for a seamless ownership transition, making it an ideal choice for both seasoned and first-time multifamily investors.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =16335, other record lot size in square feet = 16117. Living area discrepancy between mls listing and other public or private record. mls listing living area = 3000, other record living area = 2700.
Built in 1964, the property may require more frequent maintenance or future capital expenditures for aging systems and structural components compared to newer developments.
The property's location near Kiernan Avenue and Highway 99 may result in elevated noise levels, which could impact long-term tenant satisfaction and retention.
Welcome to 5000 Kiernan Avenue, a well-located fourplex offering immediate income with significant rental upside. This professionally managed property has been well maintained, making it an ideal turnkey investment for both seasoned and first-time multifamily investors. Each unit benefits from strong tenant demand driven by the property's convenient proximity to Highway 99, providing easy access to major employment centers, shopping, and surrounding communities. The current management structure allows for a seamless transition while still offering investors the opportunity to increase rents over time through market adjustments and operational efficiencies. Situated in the growing Salida market, this fourplex combines stability, upside potential, and an excellent locationmaking it a compelling addition to any investment portfolio. Property has new roof within the last month and clear section 1 pest.
No exterior & parking available.
No sensitive facilities data found.
Apr 29, 2026
$819,000
$799,500
+2% Price Increase
Initial Listing
Jan 8, 2026
$799,500
Initial Listing
Nov 3, 2020
$545,000
Public Record