50 & 54 Katherine Avenue, Salinas, CA 93901

Local realty services provided by:ERA North Orange County Real Estate
50 & 54 Katherine Avenue,Salinas, CA 93901
$1,398,000
  • - Beds
  • - Baths
  • 2,000 sq. ft.
  • Multi-family
  • Active
Listed by:conniejo stubblefield831-682-0438
Office:re/max empire properties
MLS#:82013810
Source:CAREIL

Price summary

  • Price:$1,398,000
  • Price per sq. ft.:$699

About this home

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.

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Home facts

  • Year built:1928
  • Listing ID #:82013810
  • Added:96 day(s) ago
  • Updated:October 18, 2025 at 04:36 PM

Rooms and interior

  • Living area:2,000 sq. ft.

Heating and cooling

  • Heating:Floor Furnace, Wall Furnace

Structure and exterior

  • Roof:Composition, Rolled Composition
  • Year built:1928
  • Building area:2,000 sq. ft.
  • Lot area:0.28 Acres

Schools

  • High school:Salinas High

Utilities

  • Water:City/Public
  • Sewer:Sewer - Public

Finances and disclosures

  • Price:$1,398,000
  • Price per sq. ft.:$699
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