Katherine Avenue, Salinas, CA 93901

Local realty services provided by:ERA North Orange County Real Estate
#1#2#3
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.

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Home facts

  • Year built:1928
  • Listing Id #:ML82013810
  • Added:40 day(s) ago
  • Updated:August 18, 2025 at 02:21 PM

Rooms and interior

  • Living area:2,000 sq. ft.

Heating and cooling

  • Heating:Floor Furnace, Wall Furnace

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
Based on information from California Regional Multiple Listing Service, Inc. as of August 18, 2025 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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