Katherine Avenue, Salinas, CA 93901

Local realty services provided by:Nelson Shelton Real Estate ERA Powered
Katherine Avenue,Salinas, CA 93901
$1,398,000
  • - Beds
  • - Baths
  • 2,000 sq. ft.
  • Multi-family
  • Active
Listed by:conniejo stubblefield
Office:re/max empire properties
MLS#:ML82013810
Source:CRMLS

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.

Contact an agent

contact an agent

Yes, I would like more information from ERA®. Please use and/or share my information with an ERA affiliated agent to contact me about my real estate needs. By clicking Send message, I agree an ERA affiliated agent may contact me by phone or text message including by automated means about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1928
  • Listing ID #:ML82013810
  • Added:79 day(s) ago
  • Updated:September 26, 2025 at 10:31 AM

Rooms and interior

  • Living area:2,000 sq. ft.

Heating and cooling

  • Heating:Floor Furnace, Wall Furnance

Structure and exterior

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

Schools

  • High school:Salinas

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,398,000
  • Price per sq. ft.:$699
  • Tax amount:$15,331
The information being provided by California Regional MLS (Southern California) is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS (Southern California). Nelson Shelton Real Estate ERA Powered is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Nelson Shelton Real Estate ERA Powered, a broker participant of California Regional MLS (Southern California). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by California Regional MLS (Southern California) and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2021 California Regional MLS (Southern California). All rights reserved.