- 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.
Last checked:
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Last updated Jul 9, 2025
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MLS# ML82013810 —
This property is listed in more than one place. See it here.
The Building
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Year Built:1928
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Building Area Units:Square Feet
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Green Energy Efficient:None
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Building Area Total:2000
Room Dimensions
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Living Area:2000
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Living Area Units:Square Feet
The Property
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Property Type:Residential Income
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Property Subtype:OTHER
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Exterior Features:Back Yard
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Parcel Number:002605013000
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Zoning:sfr
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Lot Features:Rectangular Lot
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Lot Size Area:0.28
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Lot Size Acres:0.28
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Lot Size SqFt:12105
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Lot Size Units:Acres
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View:Downtown
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View:true
Listing Agent
- Contact info:
- Agent phone:
- (831) 682-0438
Beds
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Bedrooms Total:4
The Listing
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Listing Terms:Cash
Heating & Cooling
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Heating:Wall Furnace
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Heating:true
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Cooling:No Air Conditioning
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Cooling:true
Schools
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High School District:Salinas Union High
The Community
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Association:false
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
7/8/25
Jul 8, 2025
|
Listed / Active | BRIDGE | $1,398,000 |