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50 & 54 Katherine AVE

Salinas, CA 93901

4 beds
– baths
2,000 sqft
12,105 sqft lot
$699 per sqft
1928 build
– on site

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.

Listing courtesy of MLSLISTINGS / ConnieJo Stubblefield / RE/MAX Empire Properties

Last checked: Checking… • Last updated Jul 8, 2025 •

MLS# 82013810 —

This property is listed in more than one place. See it here.

The Building

Year Built:

1928
Age:

97
Construction Type:

Wood Frame
Style:

Traditional
Subclass:

Multiple Dwellings / Structures
Roofing:

Composition, Rolled Composition
Foundation:

Concrete Perimeter and Slab
# of Stories:

1
Structure SqFt:

2000
Structure SqFt Source:

Other

Interior

Kitchen:

Appliances - Vary by Unit, Countertop - Tile, Exhaust Fan, Refrigerator
Additional Rooms:

Storage
Flooring:

Carpet, Vinyl / Linoleum

Room Dimensions

Living SqFt:

2000

Location

Cross Street:

Pajaro
City Limits:

Yes

The Property

Parcel Number:

002-605-013-000 & 002-605-012-000
Zoning:

sfr
Lot Acres:

0.2779
Lot Description:

Regular
Lot Size Area Min:

12105.00
Available Views:

Downtown
Horse Property:

No
Yard/Grounds:

Back Yard

Listing Agent

Contact info:

Taxes

Property ID:

82013810

The Listing

Additional Listing Info:

Not Applicable
Automated Valuations Allowed:

1

Heating & Cooling

Cooling Methods:

None
Heating Methods:

Floor Furnace, Wall Furnace

Utilities

Utilities:

Individual Electric Meters, Individual Gas Meters, Public Utilities
Sewer/Septic System:

Sewer - Public
Water Source:

Public
Meters:

Separate Electric, Separate Gas, Separate Water
Communications:

Fiber Ready

Appliances

Laundry:

Hookups Only

The Community

HOA:

No
Amenities Misc.:

Walk-in Closet
Pool:

No

Parking

Description and Access:

Guest / Visitor Parking, Off-Street Parking, Workshop in Garage
Parking Spaces:

4
Garage Spaces:

2
Carport:

1

Extra Units

# of Buildings:

4
Unit 1 Full Bathrooms:

1
Unit 2 Full Bathrooms:

2
Unit 2 Half Bathrooms:

1
Unit 1 SqFt:

1,072 Sqft
Unit 2 SqFt:

988 Sqft
Unit 1 Bed:

2
Unit 2 Beds:

2

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Sale history

Date	Event	Source	Price	% Change
7/8/25 Jul 8, 2025	Listed / Active	MLSLISTINGS	$1,398,000

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This multifamily located in South Salinas, Salinas, CA 93901 is currently for sale for $1,398,000. 50 & 54 Katherine AVE is a 2,000 square foot multifamily with 4 beds and – baths that has been on Estately for 4 days. 50 & 54 Katherine AVE is in the South Salinas neighborhood of Salinas and has a WalkScore® of 88, making it very walkable. This multifamily is in the attendance area of University Park Elementary School, Washington Middle School, Salinas High School, Monterey Park Elementary School, Lincoln Elementary School, and Mission Park Elementary School.

Listing courtesy of RE/MAX Empire Properties

Listing Courtesy of: MLSLISTINGS, data current as of 06:25 on Jul 12.

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