612 Central Avenue, Salinas, California 93901, Salinas, 93901 - 2 bed, 1 bath
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Salinas, California 93901
Analysis of 612 Central Avenue, Salinas, California 93901 is currently available with a list price of $809,000. 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 Salinas 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.
While the property received a new roof, vinyl windows, and exterior paint in 2023, the interior remains significantly dated. The kitchen features older tile countertops and appliances, and the bathrooms are basic and aged, fitting the criteria for a home over 20 years old needing cosmetic updates.
The property features an attached Junior ADU currently rented for $1,600 per month, providing an immediate mortgage offset or a steady stream of passive income.
Significant upgrades completed in late 2023, including a new TPO roof, vinyl windows, and fresh exterior paint, reduce the need for immediate maintenance and improve energy efficiency.
A generous seller credit of up to $30,000 toward closing costs or interest rate buy-downs offers a significant financial advantage for buyers in a high-interest-rate environment.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 788, other record living area = 1256. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 3.
At just 788 square feet for the main structure, the living quarters are quite compact, which may be a deterrent for families or those requiring more spacious common areas.
The asking price of $809,000 reflects a premium valuation relative to the small square footage, potentially posing a challenge for traditional appraisal comparisons.
Huge Price reduction plus Sellers may credit Buyer up to $30k towards buyers closing costs/rate buy down. Motivated Sellers. 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.
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 | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 788 | 1,621 |
| Lot Size | 6,500 | 7,100 |
| Price | $809.0K | $803.5K |
| Price per sq ft | $1.0K | $520 |
| Built year | 1935 | 1970 |
| HOA | $0 | $243 |
| Days on market | 14 | 45 |
Jul 8, 2026
$809,000
Initial Listing