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
|
2
|
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
|
| 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 |
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Listed with RE/MAX Empire Properties
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 7/9/25 12:34 PM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
This IDX solution is (c) Diverse Solutions 2025.
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