Katherine AVE new Save Request In-Person Tour Request Virtual Tour
Salinas,CA 93901
Key Details
Property Type Single Family Home, Multi-Family
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