Property Details
About this Property
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.
MLS Listing Information
MLS #
ML82013810
MLS Source
MLSListings, Inc.
Days on Site
9
Interior Features
Kitchen
Countertop - Tile, Exhaust Fan
Appliances
Exhaust Fan, Refrigerator
Flooring
Carpet, Vinyl/Linoleum
Laundry
Hookups Only
Cooling
None
Heating
Floor Furnace, Wall Furnace
Exterior Features
Roof
Composition, Rolled/Hot Mop
Foundation
Concrete Perimeter and Slab
Style
Traditional
Parking, School, and Other Information
Garage/Parking
Guest / Visitor Parking, Off-Street Parking, Garage: 2 Car(s)
Elementary District
Salinas City Elementary
High School District
Salinas Union High
Sewer
Public Sewer
Water
Public
Zoning
sfr
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 4 | 1 | – |
| Unit # | Sq Ft | Beds | Baths | Rent |
|---|---|---|---|---|
| 1 | 1,072 | 2 | 1/0 | $2,200 |
| 2 | 988 | 2 | 2/1 | $2,795 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
50 & 54 Katherine Ave is a Residential Income in Salinas, CA 93901. This 2,000 square foot property sits on a 0.277 Acres Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,398,000 and was built in 1928. This address can also be written as 50 & 54 Katherine Ave, Salinas, CA 93901.
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This listing information is up-to-date as of July 08, 2025. For the most current information, please contact ConnieJo Stubblefield, (831) 682-0438
