
Salinas, California 93901
This Value-Add Residential Asset is a strategic entry into a premier South Salinas neighborhood, listed at $640,000. While positioned above the $564,205 Fair Market Value, the property’s fixer-upper status provides a clear path to forced appreciation through renovation. With a Condition Rating of 5, the home requires a comprehensive rehab of its original 1960s interior. The 6,500-square-foot lot includes a patio and offers proximity to Salinas High School and Washington Middle School. This project is ideally suited for Fix-and-Flip Investors or Contractors ready to execute a full-scale customization.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 788 Bedford Drive Subject | $640,000* List Price | 3 | 2 | 1,243 | $454 | - |
A 826 Central Avenue Sold | $690,000 | 3 | 2 | 1,304 | $529 | 0.3 mi |
B 451 La Jolla Way Sold | $700,000 | 3 | 2 | 1,285 | $545 | 0.9 mi |
C 19 West Street Sold | $690,000 | 3 | 2 | 1,348 | $512 | 0.9 mi |
D 194 Riker Terrace Sold | $810,000 | 3 | 2 | 1,604 | $505 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1960 with no evidence of recent renovations, this property is explicitly marketed as a fixer-upper. The kitchen and bathrooms are original and heavily dated, the flooring shows significant wear and staining, and the interior walls require repair, indicating a need for a full rehab.
Situated in a highly desirable neighborhood, the property offers exceptional proximity to Hartnell Park, Hartnell College, and local schools, ensuring long-term desirability.
As a fixer-upper, this property serves as an ideal canvas for investors or owner-occupants to customize finishes and build immediate sweat equity in a strong market.
The 6,500-square-foot lot provides ample space for outdoor living, gardening, or potential expansions, offering more versatility than many modern high-density developments.
The property is explicitly listed as a fixer-upper, meaning buyers must account for significant additional capital and time for repairs and modernization.
Built in 1960, the home likely requires updates to major systems such as electrical, plumbing, and insulation to meet current building codes and efficiency standards.
Great opportunity! Come view this fixer-upper in a desirable South Salinas neighborhood. This property is full of potential, making it an ideal canvas for investors or buyers looking to customize a home to their own taste. Conveniently located near Hartnell Park, University Elementary School, and Hartnell College, the home offers easy access to schools, green space, and everyday amenities. With its prime location and endless possibilities, this is a chance to create something truly special.
No exterior & parking available.
Grades K-6 • 0.9 mi
Grades K-6 • 1.5 mi
Grades K-6 • 1.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,243 | 1,593 | 13% |
| Lot Size | 6,500 | 6,500 | 50% |
| Price | $640.0K | $805.0K | 5% |
| Price per sq ft | $515 | $509 | 53% |
| Built year | 1960 | 1962 | 47% |
| HOA | $0 | $0 | 50% |
| Days on market | 6 | 149 | 3% |
Apr 16, 2026
$640,000
Initial Listing