85 Paloma Avenue, Salinas, California 93905, Salinas, 93905 - 4 bed, 2 bath
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Salinas, California 93905
This Spacious Single Family Residence is a Strong Value Opportunity, listed at $657,500—positioned well below the $707,738 Fair Market Value by 7%. This valuation gap offers $50,238 in Instant Equity for the buyer. Featuring a 2022 Roof, fresh paint, and a 4-bedroom layout, the home maintains a Condition Rating of 4. While the infrastructure is dated, the generous 1,896 sq. ft. floor plan provides significant upside for modernization. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 85 Paloma Avenue Subject | $657,500* List Price | 4 | 2 | 1,896 | $373 | - |
A 110 Toro Avenue Sold | $745,000 | 4 | 3 | 2,380 | $313 | 0.2 mi |
B 7 Midway Avenue Sold | $535,000 | 3 | 1 | 1,509 | $355 | 0.3 mi |
C 230 Paloma Avenue Pending | $680,000 List Price | 4 | 4 | 1,651 | $412 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
While the home features a new roof (2022), fresh interior paint, and new carpeting, it remains fundamentally dated. The kitchen and bathrooms utilize older tile work, the heating system is a dated double wall furnace rather than central HVAC, and the exterior concrete shows significant cracking. It is move-in ready but requires cosmetic and systemic modernization.
The property features a new roof installed in 2022, along with fresh interior paint and new carpeting, significantly reducing immediate maintenance costs and providing a move-in-ready experience.
With nearly 1,900 square feet of living area, four bedrooms, and a separate family room, this home offers a spacious and functional layout that is ideal for larger families.
The kitchen includes a brand-new gas oven and a breakfast bar, enhancing the functionality of the heart of the home for daily cooking and casual dining.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1896, other record living area = 1564.
The home utilizes a gas double wall furnace rather than a modern central forced-air system, which may lead to less efficient or uneven heating across the various rooms.
Originally built in 1947, the property may feature older plumbing or electrical components that could require future modernization to meet current energy efficiency standards.
Located in Salinas, this 4-bedroom, 2-bath home offers 1,896 sq. ft. of living space featuring a living room with a wood-burning fireplace and a separate family room. The kitchen includes tile countertops, a New gas oven, and an exhaust fan, with dining options at the breakfast bar and eat-in kitchen area. Flooring throughout combines New carpet and tile. Interior just pained as well. Bathrooms feature a tile stall shower and a shower over tub. Heating is provided by a gas double wall furnace and and a wood burning fireplace. Laundry hookups for electricity (110V and 220V) and gas are available inside the home. Roof was replaced in 2022!. This home is situated within the Alisal Union Elementary School District. Go take a look lots of room for a family!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 73% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,896 | 1,354.5 | 81% |
| Lot Size | 7,200 | 6,050 | 69% |
| Price | $657.5K | $665.0K | 46% |
| Price per sq ft | $347 | $509 | 15% |
| Built year | 1947 | 1965 | 27% |
| HOA | $0 | $0 | 50% |
| Days on market | 11 | 126 | 4% |
May 26, 2026
$657,500
Initial Listing