Homes for sale - 50 & 54 Katherine AVE, Salinas, CA 93901

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Ryan Mull

rkp@therealtysociety.com +1(408) 805-0359

Listed by ConnieJo Stubblefield • RE/MAX Empire Properties

$ 1,398,000

Est. payment | -/mo

4 Beds

3.5 Baths

2,000 SqFt

Save

$ 1,398,000

Est. payment | -/mo

Save

4 Beds

3.5 Baths

2,000 SqFt

Key Details

Property Type Multi-Family

Sub Type Multiple Dwellings / Structures

Listing Status Active

Purchase Type For Sale

Square Footage 2,000 sqft

Price per Sqft $699

MLS Listing ID ML82013810

Style Traditional

Bedrooms 4

Full Baths 3

Half Baths 1

Year Built 1928

Lot Size 0.278 Acres

Property Sub-Type Multiple Dwellings / Structures

Source MLSListings, Inc.

Property 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.

Location

State CA

County Monterey

Area Monterey Park

Zoning sfr

Rooms

Kitchen Appliances - Vary by Unit, Countertop - Tile, Exhaust Fan, Refrigerator

Interior

Heating Floor Furnace , Wall Furnace

Cooling None

Flooring Carpet, Vinyl / Linoleum

Laundry Hookups Only

Exterior

Parking Features Guest / Visitor Parking, Off-Street Parking, Workshop in Garage

Garage Spaces 4.0

Utilities Available Individual Electric Meters, Individual Gas Meters, Public Utilities

View Downtown

Roof Type Composition,Rolled Composition

Building

Lot Description Regular

Foundation Concrete Perimeter and Slab

Sewer Sewer - Public

Water Public

Architectural Style Traditional

Others

Tax ID 002-605-013-000 & 002-605-012-000

Special Listing Condition Not Applicable

GET MORE INFORMATION

Ryan Mull

Broker-Associate | Lic# 01329887

rkp@therealtysociety.com

+1(408) 805-0359

42 Martin St Gilroy, CA, 95020

50 & 54 Katherine AVE Salinas, CA 93901

Ryan Mull

Key Details

Location

Rooms

Interior

Exterior

Building

Others

50 & 54 Katherine AVE