
Salinas, California 93901
This Residential Income Duplex is a High-Potential Investment Opportunity, listed at $809,000, which aligns with its $809,000 Fair Market Value. Featuring a Condition Rating of 4, the property benefits from a new 2023 TPO roof and vinyl windows, though interior cosmetic updates remain. The 6,500 sqft lot offers significant ADU Development Potential, providing a clear path to increase rental yield. Ideally located near Hartnell College and major medical centers, this asset is perfectly suited for Buy-and-Hold Investors or Owner-Occupants seeking a house-hack strategy.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 612 Central Avenue Subject | $809,000* List Price | 0 | 0 | 1,256 | $644 | - |
A 219 Lang Street Active | $745,000 List Price | 0 | 0 | 967 | $770 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
While the property features significant recent exterior upgrades including a new TPO roof, vinyl windows, and fresh paint (2023), the interior remains dated. The kitchen and bathrooms show older tile work, cabinetry, and appliances likely exceeding 20 years in age, and the flooring appears worn, necessitating cosmetic modernization.
The property features a new TPO roof, fresh exterior paint, and new vinyl windows installed in September 2023, significantly reducing immediate maintenance requirements and improving energy efficiency.
The 6,500 sqft lot and existing layout offer the possibility to build an additional ADU, providing a clear path for investors to increase density and maximize rental yield.
Situated in desirable South Salinas near Hartnell Community College and Salinas Valley Health, the property is ideally positioned to attract high-quality tenants and offers excellent commuter access.
With 196 days on the market and a recent price reduction, the property has experienced significant market stagnation, which may affect its perceived value and negotiating leverage.
Totaling only 1,256 square feet across two units, the living areas are relatively small, which could limit the appeal for long-term tenants or families seeking more spacious accommodations.
Price reduction plus Sellers may credit Buyer up to $30k towards buyers closing costs/rate buy down. Great opportunity to own this duplex in South Salinas. 2 units: Front unit is a 2 bedroom 1 bath house, second unit located in the rear and is a spacious studio apartment with 1 bath. Studio has its own private entrance and fenced rear yard area. Separate electric meters. Each unit has their own washer & dryer machines. New TPO roof, exterior painting, & vinyl windows installed in September 2023. Possibility to build additional ADU unit in back. Close to Hartnell Community College, shopping, schools, grocery, banks, Salinas Valley Health Medical Center, Salinas City Center- Downtown, hwy 183, hwy 101, and hwy 68. Front unit is vacant ready for Owner move in or new tenant.
No exterior & parking available.
Grades K-6 • 0.5 mi
Grades K-6 • 1.2 mi
Grades K-6 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 1,256 | - |
| Lot Size | 6,500 | - |
| Price | $809.0K | $869.3K |
| Price per sq ft | $644 | $393 |
| Built year | 1935 | 0 |
| HOA | $0 | $0 |
| Days on market | 239 | 58 |
Jun 30, 2026
$809,000
$849,000
-5% Price Drop
Initial Listing
Apr 8, 2026
$849,000
$899,000
-6% Price Drop
Initial Listing
Nov 25, 2025
$899,000
Initial Listing