Katherine Avenue, Salinas, CA 93901

  • $1,398,000
Katherine Avenue, Salinas, CA 93901
Active
Katherine Avenue, Salinas, CA 93901
Katherine Avenue, Salinas, CA 93901
  • $1,398,000

Description

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.

  • Address Katherine Avenue
  • City Salinas
  • State/county CA
  • Zip/Postal Code 93901

Details

Updated on July 8, 2025 at 11:19 pm
  • Property ID: ML82013810
  • Price: $1,398,000
  • Property Size: 2000
  • Land Area: 0.2779 Acres
  • Garages: 2.0
  • Garage Size: x x
  • Year Built: 1928
  • Property Type: Mixed Use, Residential Income
  • Property Status: Active

Contact Information

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  • Hoyt Hochman