50 & 54 Katherine Avenue, Salinas, CA 93901

Local realty services provided by:Better Homes and Gardens Real Estate Reliance Partners
50 & 54 Katherine Avenue,Salinas, CA 93901
$1,398,000
  • - Beds
  • - Baths
  • 2,000 sq. ft.
  • Multi-family
  • Active
Listed by:conniejo stubblefield
Office:re/max empire properties
MLS#:ML82013810
Source:CAMAXMLS

Price summary

  • Price:$1,398,000
  • Price per sq. ft.:$699

About this home

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.

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Home facts

  • Year built:1928
  • Listing Id #:ML82013810
  • Added:36 day(s) ago
  • Updated:August 14, 2025 at 05:13 PM

Rooms and interior

  • Living area:2,000 sq. ft.

Heating and cooling

  • Cooling:No Air Conditioning
  • Heating:Wall Furnace

Structure and exterior

  • Roof:Composition Shingles, Rolled/Hot Mop
  • Year built:1928
  • Building area:2,000 sq. ft.
  • Lot area:0.28 Acres

Finances and disclosures

  • Price:$1,398,000
  • Price per sq. ft.:$699
MLS LogoBay East 2025. CCAR 2025 bridgeMLS 2025. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at August 14, 2025