519 San Miguel Avenue, Salinas, California 93901, Salinas, 93901 - 3 bed, 2 bath
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519 San Miguel Avenue
Salinas, California 93901
ACTIVE
CONDITION: GOOD
3Beds
2Baths
1,682Sq Ft
7,800Lot Size
Property Price
LIST PRICE$885,000
EST. MARKET VALUE
$864,275
SUMMARY
This Single Family Residence is a High-Potential Investment Opportunity, listed at $885,000—positioned well below the $864,276 Fair Market Value by -2%. Featuring a Condition Rating of 3, the home offers a Modernized Kitchen & Baths with granite countertops and an open layout. Its proximity to Monterey Park Elementary and Salinas High School adds significant long-term value. With a generous 7,800 sq ft lot, this property balances lifestyle comfort with solid financial fundamentals, making it an ideal acquisition for Owner-Occupants or first-time buyers.
Estimated Market Value
$864,275
Based on Realkey algorithm analyzing recent comparable sales in Salinas.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 519 San Miguel Avenue Subject 3 bd · 2 ba · 1,682 sqft · $514 | $885,000* List Price | 3 | 2 | 1,682 | $514 | - |
A 22 San Juan Drive Sold 2 bd · 2 ba · 1,637 sqft · $464 · 0.4 mi | $760,000 | 2 | 2 | 1,637 | $464 | 0.4 mi |
B 1211 Via Paraiso Sold 3 bd · 2 ba · 1,792 sqft · $508 · 0.0 mi | $910,000 | 3 | 2 | 1,792 | $508 | 0.0 mi |
C 632 San Tomas Way Sold 3 bd · 2 ba · 1,863 sqft · $497 · 0.2 mi | $925,000 | 3 | 2 | 1,863 | $497 | 0.2 mi |
D 222 Oak Street Sold 3 bd · 2 ba · 1,737 sqft · $475 · 0.6 mi | $825,000 | 3 | 2 | 1,737 | $475 | 0.6 mi |
E 1266 San Marcos Drive Sold 2 bd · 2 ba · 1,762 sqft · $461 · 0.2 mi | $812,500 | 2 | 2 | 1,762 | $461 | 0.2 mi |
F 651 San Tomas Way Sold 4 bd · 2 ba · 1,900 sqft · $476 · 0.2 mi | $905,000 | 4 | 2 | 1,900 | $476 | 0.2 mi |
G 118 San Miguel Avenue Sold 3 bd · 2 ba · 2,090 sqft · $459 · 0.5 mi | $960,000 | 3 | 2 | 2,090 | $459 | 0.5 mi |
H 1201 San Angelo Drive Sold 3 bd · 2 ba · 1,588 sqft · $516 · 0.3 mi | $820,000 | 3 | 2 | 1,588 | $516 | 0.3 mi |
I 1268 La Mirada Drive Active Under Contract 3 bd · 2 ba · 1,574 sqft · $603 · 0.3 mi | $949,000 List Price | 3 | 2 | 1,574 | $603 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1961, the property has undergone significant renovations likely within the last 10-20 years. The kitchen and bathrooms feature granite countertops and tile flooring, and the living areas have updated laminate floors. The home appears well-maintained, functional, and move-in ready with updated appliances and dual fireplaces.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7800, living area = 1682.
- Modernized Kitchen & Baths
The home features granite countertops in both the kitchen and bathrooms, complemented by a gas cooktop and built-in oven, providing a contemporary feel for a 1960s build.
- Excellent School Proximity
Ideally situated for families, the property is located just 0.15 miles from Monterey Park Elementary and within a mile of Salinas High School.
CONSRISKS & DEFICIENCIES
- Market Stagnation
With 36 days on the market and a recent $25,000 price reduction, the property is currently navigating a price discovery phase to attract buyers.
- Garage Laundry Location
The laundry facilities are located in the garage rather than an interior utility room, which may be considered a convenience drawback for some modern homeowners.
About 519 San Miguel Avenue
This 1,682 sq ft home sits on a 7,800 sq ft lot and features 3 bedrooms, including a walk-in closet, and 2 full bathrooms with granite countertops, tile flooring, master bathroom shower and hallway bathroom has a tub/stall shower. The kitchen is equipped with a gas cooktop, built-in oven, granite countertops, dishwasher, exhaust fan, and refrigerator. Flooring throughout the home includes carpet, laminate, and tile. The living room offers a wood burning fireplace with gas starter and the fireplace in the dining room is a gas fireplace. The formal dining room compliments the open layout. Laundry is located in the garage with 220V electric hookup and washer/dryer included. The property includes a 2-car garage. This home is within the Salinas City Elementary school district.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1961
- Lot Size
- 7,800 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Salinas Unified Schools
Monterey Park Elementary School
Grades K-6 • 0.2 mi
4/10
Lincoln Elementary School
Grades K-6 • 0.7 mi
6/10
Mission Park Elementary School
Grades K-6 • 1.4 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,682 | 1,582.189 |
| Lot Size | 7,800 | 6,844.911 |
| Price | $885.0K | $805.1K |
| Price per sq ft | $526 | $518 |
| Built year | 1961 | 1974 |
| HOA | $0 | $210 |
| Days on market | 46 | 45 |
Pricing History
Listed for Sale
Oct 14, 2026
$885,000
$910,000
-3% Price Drop
Initial Listing
Price Change
Sep 8, 2026
$910,000
Initial Listing
Sold
Feb 26, 2021
$690,000
Public Record
Sold
May 13, 2014
$460,000
Public Record
Sold
Aug 22, 2008
$390,000
Public Record