
Salinas, California 93906
This Value-Add Residential Asset is listed at $659,000, positioned relative to a $549,982 Fair Market Value. Holding a Condition Rating of 5, the property requires a comprehensive modernization strategy, specifically addressing the absence of a permanent heating system and dated interior finishes. Despite the required rehab, the efficient 4-bedroom layout and two-car garage provide a solid foundation for forced appreciation. Located near the top-rated North Salinas High School, this property offers significant rental or resale potential post-renovation. It is a strategic acquisition for Fix-and-Flip Investors or Contractors seeking a high-utility project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 634 Yreka Drive Subject | $659,000* List Price | 4 | 2 | 1,260 | $436 | - |
A 1661 Klamath Drive Sold | $615,000 | 4 | 2 | 1,260 | $488 | 0.2 mi |
B 1445 Amador Circle Sold | $553,000 | 3 | 2 | 1,296 | $427 | 0.8 mi |
C 466 Calaveras Drive Active Under Contract | $649,000 List Price | 4 | 2 | 1,260 | $515 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property is over 50 years old (built 1973) with no evidence of recent renovations. It has a major system deficiency as there is no heating system installed, and the cooling relies on window/wall units. The use of vinyl/linoleum flooring and the cracked driveway seen in images suggest the home requires significant rehab and modernization to meet current standards.
The property features a highly functional floor plan with four bedrooms in 1,260 square feet, offering excellent utility for larger families or potential rental opportunities.
The inclusion of a two-car garage provides secure vehicle parking and significant additional storage space, which is a highly desirable asset for a home of this size.
Located within walking distance of multiple elementary schools and North Salinas High School, this home offers exceptional convenience for families with school-aged children.
The lack of a permanent heating system is a significant infrastructure gap that may affect resident comfort and could pose challenges for certain types of mortgage financing.
With a lot size of only 3,900 square feet, the property offers minimal outdoor space, which may be a drawback for buyers seeking a large backyard or garden area.
Located in Salinas, this 1,260 sq. ft. home features four bedrooms and two full bathrooms on a 3,900 sq. ft. lot. The interior includes tile and vinyl/linoleum flooring throughout, with a combined kitchen and family room area that offers an eat-in kitchen space. Cooling is provided by window and wall units, and there is no heating system installed. The property includes a two-car garage for parking or storage. This home falls within the Salinas City Elementary school district.
No exterior & parking available.
Grades K-6 • 0.3 mi
Grades K-6 • 0.4 mi
Grades K-6 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 76% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,260 | 1,353 | 45% |
| Lot Size | 3,900 | 6,000 | 24% |
| Price | $659.0K | $705.0K | 33% |
| Price per sq ft | $523 | $504 | 54% |
| Built year | 1973 | 1975 | 49% |
| HOA | $0 | $0 | 50% |
| Days on market | 2 | 152 | 1% |
Apr 20, 2026
$659,000
Initial Listing
Aug 19, 2009
$95,000
Public Record