54 Katherine Avenue, Salinas, California 93901, Salinas, 93901 - 2 bed, 2 bath
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Salinas, California 93901
This Well-Maintained 1928 Bungalow is listed at $699,000, aligning perfectly with its $699,000 Fair Market Value. Featuring a Condition Score of 4, the 2-bedroom, 2-bathroom residence offers hardwood floors and a clean, vintage infrastructure. The property’s standout asset is the 6,100-square-foot oversized lot with a detached garage, providing rare ADU potential in a Prime Downtown Salinas location. This listing balances immediate livability with long-term expansion upside, making it an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors seeking a stable, value-add asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 54 Katherine Avenue Subject | $699,000* List Price | 2 | 2 | 988 | $707 | - |
A 451 La Jolla Way Sold | $700,000 | 3 | 2 | 1,285 | $545 | 0.8 mi |
B 24 Orange Drive Sold | $666,500 | 2 | 1 | 1,168 | $571 | 0.3 mi |
C 1231 Padre Drive Sold | $780,000 | 3 | 2 | 1,247 | $626 | 0.4 mi |
D 26 Willow Street Sold | $750,000 | 4 | 2 | 1,353 | $554 | 0.4 mi |
E 50 Katherine Avenue Active | $699,000 List Price | 2 | 1 | 1,072 | $652 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is a well-maintained 1928 bungalow that appears clean and livable but lacks recent modern updates. The kitchen features dated tile countertops and older white appliances, while the bathrooms and fixtures reflect styles from several decades ago. While the hardwood floors and exterior are in good condition, the overall interior finishes and vintage infrastructure indicate the home has been maintained through regular upkeep rather than a comprehensive modern renovation.
Situated in a highly desirable downtown Salinas neighborhood, this property offers excellent walkability and convenient access to local amenities, dining, and professional services.
The 6,100-square-foot oversized lot provides significant outdoor space and rare potential for future expansion or the addition of an accessory dwelling unit (ADU) in a central area.
The inclusion of a full detached garage at the rear of the property adds valuable secure parking and additional storage, a premium feature for a home of this vintage.
With under 1,000 square feet of living space, the home's compact footprint may be restrictive for buyers requiring more spacious common areas or larger bedrooms.
Built in 1928, the property likely features a traditional segmented layout and older mechanical systems that may require modernization to meet contemporary energy and lifestyle standards.
Lovely 2 bedroom 1 bath home on oversized lot with full garage in the rear. Great downtown location. This home has been maintained over the years and is a great opportunity.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 16% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 988 | 1,593 | 8% |
| Lot Size | 6,100 | 6,500 | 26% |
| Price | $699.0K | $805.0K | 18% |
| Price per sq ft | $707 | $509 | 95% |
| Built year | 1928 | 1962 | 5% |
| HOA | $0 | $0 | 50% |
| Days on market | 282 | 154 | 92% |
Jul 14, 2025
$699,000
Initial Listing