Katherine AVE, Salinas, CA 93901 – ML82013810 - Tracy Baker

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Tracy Baker

tracy@tracybbaker.com +1(619) 507-4230

$ 1,398,000

Est. payment | -/mo

2,000 SqFt

Save

$ 1,398,000

Est. payment | -/mo

Save

2,000 SqFt

Key Details

Property Type Single Family Home

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 2,000 sqft

Price per Sqft $699

MLS Listing ID ML82013810

HOA Y/N No

Year Built 1928

Annual Tax Amount $15,331

Lot Size 0.278 Acres

Property Sub-Type Mixed Use

Property Description

50 & 54 Katherine Ave, Salinas, CA 93901. Rare opportunity to purchase two separate legal parcels, each with its own single-family home, side by side in desirable South Salinas. Both homes have separate water, gas, and electric meters and are currently rented at market rents with professional property management in place, generating a combined monthly income of $4,995. The City of Salinas confirms that each parcel qualifies for an ADUallowing future owners to convert garages or rear space to add a second unit to both properties (buyer to verify). This creates significant potential to increase rental income and build equity over time. Perfect for investors seeking stable, income-producing properties. The step-up in tax basis has already been completed, minimizing the risk of a large supplemental tax bill. Please do not disturb tenants or visit the property without an appointment.

Location

State CA

County Monterey

Area 699 - Not Defined

Zoning sfr

Interior

Heating Floor Furnace, Wall Furnace

Cooling None

Flooring Carpet

Fireplace No

Appliance Refrigerator, Vented Exhaust Fan

Exterior

Parking Features Guest, Off Street, Workshop in Garage

Garage Spaces 2.0

Carport Spaces 1

Garage Description 2.0

View Y/N Yes

Roof Type Composition

Accessibility None

Total Parking Spaces 4

Building

Story 1

Sewer Public Sewer

Water Public

Architectural Style Traditional

Schools

High Schools Salinas

School District Other

Others

Tax ID 002605013000 & 002605012000

Special Listing Condition Standard

Listed by ConnieJo Stubblefield RE/MAX Empire Properties

+1(619) 507-4230

tracy@tracybbaker.com

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Katherine AVE Salinas, CA 93901