50 & 54 Katherine Avenue Salinas, CA 93901
Listing Courtesy of: MLS LogoMLSlistings Inc. / Re/Max Empire Properties / Conniejo Stubblefield - Contact:  831-682-0438

  50 & 54 Katherine Avenue Salinas, CA 93901

Active (3 Days)
$1,398,000

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.

MLS #:
ML82013810
Taxes
$15,331
Lot Size
0.28 acres
Type
Multifamily
Year Built
1928
Style
Traditional
Views
Downtown
School District
441
County
Monterey County

Listed By

Conniejo Stubblefield, Re/Max Empire Properties, Contact: 831-682-0438
Source
MLSlistings Inc.
Last checked Jul 11 2025 at 3:28 PM GMT+0000
Bathroom Details
Interior Features
  • Hookups Only
Kitchen
  • Appliances - Vary by Unit
  • Countertop - Tile
  • Exhaust Fan
  • Refrigerator
Lot Information
  • Regular
Property Features
  • Back Yard
  • Foundation: Concrete Perimeter and Slab
Heating and Cooling
  • Floor Furnace
  • Wall Furnace
  • None
Flooring
  • Carpet
  • Vinyl / Linoleum
Exterior Features
  • Roof: Composition
  • Roof: Rolled Composition
Utility Information
  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities, Water - Public
  • Sewer: Sewer - Public
  • Energy: None
School Information
  • High School: Salinas High
Garage
  • Guest / Visitor Parking
  • Off-Street Parking
  • Workshop In Garage
Stories
  • 1
Living Area
  • 2,000 sqft
Additional Information: Re/Max Empire Properties | 831-682-0438
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