Katherine Avenue

Salinas, CA 93901

  • 0 Bed(s)
  • 0 Bath(s)
  • 2,000 Sqft
  • 12105
    Sqft(Lot)
$1,398,000

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.

  • Property Type

    Residential Income

  • County

    Monterey

  • Style

    Traditional

  • AD ID

    50371459

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Property Details

  • Bathroom Information

    • Total Baths: 0

    Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

    Interior Features

    • Roof : Composition
    • Property Appliances: Refrigerator,Vented Exhaust Fan
    • Flooring: Carpet

    Cooling Features

    • None
    • Air Conditioning

    Heating Source

    • Floor Furnace,Wall Furnace
    • Has Heating

  • Building Information

    • Year Built: 1928
    • Building Area Total: 2,000
    • Roof: Composition

    Accessibility Features

    • None

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.2779
    • Lot Size Source: Other
    • Lot Size Square Feet: 12105

  • Listing Price Information

    • Original List Price: 1,398,000
    • Listing Contract Date: 2025-07-08

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 002605013000 & 002605012000
    • Annual Tax: 15331

  • Garage and Parking

    • Garage Description: Guest,Off Street,Workshop in Garage

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: 699 - Not Defined
    • Directions: Cross Street: Pajaro
    • Zoning: sfr
    • Source Property Type: Residential Income
    • Area: 699 - Not Defined
    • Property SubType: Mixed Use

    Building and Construction

    • Property Age: 97
    • Structure Type: Mixed Use
    • Year Built Source: Assessor
    • Total Square Feet Living: 2000
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BuyOwner last updated this listing 07/21/2025 @ 02:02

  • MLS: ML82013810
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 0 bedrooms which is for sale, it has 2,000 sqft, 12,105 sized lot, and 2 parking. are nearby neighborhoods.