612 Central Avenue, Salinas, California 93901, Salinas, 93901 - 0 bed, 0 bath
Loading property details...
612 Central Avenue
Salinas, California 93901
ACTIVE
CONDITION: FAIR
0Beds
0Baths
1,256Sq Ft
6,500Lot Size
Property Price
LIST PRICE$779,000
EST. MARKET VALUE
$779,000
SUMMARY
This Duplex Residential Income Asset represents a High-Potential Investment Opportunity, listed at a List Price of $809,000, which aligns with the $809,000 Fair Market Value. Featuring a Condition Rating of 4, the property includes a Junior ADU generating $1,600 monthly and a large 6,500 sqft lot with development potential. Recent 2023 upgrades, including a New TPO Roof and Vinyl Windows, stabilize the asset. With a $30,000 seller credit available, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a house-hack strategy.
Estimated Market Value
$779,000
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 |
|---|---|---|---|---|---|---|
★ 612 Central Avenue Subject | $779,000* List Price | 0 | 0 | 1,256 | $620 | - |
A 219 Lang Street Active | $725,000 List Price | 0 | 0 | 967 | $750 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
While the property features a new roof, exterior paint, and vinyl windows (2023), the interior remains dated. The kitchen shows older cabinetry, tile, and appliances likely exceeding 20 years in age. Despite new carpet and paint making it move-in ready, the core functional areas require modernization to move beyond a 'Fair' rating.
PROSSTRENGTHS & OPPORTUNITIES
- Income Generation & Versatility
This duplex-style property includes an attached Junior ADU currently generating $1,600 per month with separate electric meters, plus the potential to add a third detached unit on the 6,500 sqft lot.
- Recent Capital Improvements
The property features significant 2023 upgrades including a new TPO roof, vinyl windows, and exterior paint, alongside new interior carpet and paint in the vacant front unit, reducing immediate maintenance costs.
- Substantial Seller Incentives
Highly motivated sellers are offering up to a $30,000 credit toward buyer closing costs or interest rate buy-downs, significantly enhancing the property's financial accessibility in the current market.
CONSRISKS & DEFICIENCIES
- Extended Market Time
With 241 days on the market and multiple price reductions, the property has struggled to gain traction, which may lead to buyer concerns regarding its initial valuation or underlying demand.
- Vintage Layout Constraints
Built in 1935, the primary living space is limited to a 2-bedroom, 1-bathroom configuration, which may lack the functional appeal and space required by modern families compared to newer developments.
About 612 Central Avenue
New price! Won't last! Great opportunity to own this 2 bedroom 1 bath home in South Salinas with attached junior ADU (studio/1 bath/$1600 per month/month-to-month lease). Junior ADU 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 detached ADU unit in back. 2 bed 1 bath has new paint and carpets. 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. Could possibly convert back to 3 bed 2 bath single family dwelling.
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1935
- Lot Size
- 6,500 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Salinas Unified Schools
Roosevelt Elementary School
Grades K-6 • 0.5 mi
4/10
Laurel Wood Elementary School
Grades K-6 • 1.2 mi
4/10
Boronda Elementary
Grades K-6 • 1.5 mi
2/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 1,256 | 1,713 |
| Lot Size | 6,500 | 12,600 |
| Price | $779.0K | $815.8K |
| Price per sq ft | $620 | $363 |
| Built year | 1935 | 1938 |
| HOA | $0 | $0 |
| Days on market | 288 | 30 |
Pricing History
Listed for Sale
Aug 15, 2026
$779,000
$809,000
-4% Price Drop
Initial Listing
Price Change
Jun 30, 2026
$809,000
$849,000
-5% Price Drop
Initial Listing
Price Change
Apr 8, 2026
$849,000
$899,000
-6% Price Drop
Initial Listing
Price Change
Nov 25, 2025
$899,000
Initial Listing