Katherine Avenue, Salinas, CA 93901 (MLS # ML82013810)
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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.
| DAYS ON MARKET | 5 | LAST UPDATED | 7/8/2025 |
|---|---|---|---|
| YEAR BUILT | 1928 | COMMUNITY | 699 - Not Defined |
| GARAGE SPACES | 2.0 | COUNTY | Monterey |
| STATUS | Active | PROPERTY TYPE(S) | Residential Income |
| High School | Salinas |
|---|
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Refrigerator, Vented Exhaust Fan |
| AREA | 699 - Not Defined |
| GARAGE | Yes |
| HEAT | Floor Furnace, Wall Furnace |
| LOT | 0.2779 acre(s) |
| PARKING | Guest, Off Street, Workshop in Garage |
| SEWER | Public Sewer |
| STORIES | 1 |
| STYLE | Traditional |
| TAXES | 15331 |
| VIEW | Yes |
| WATER | Public |
TOTAL MONTHLY PAYMENT
| SATELLITE VIEW |
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