1504 2nd Ave, SALINAS, CA – $1,060,000

  • $1.1M Price
  • 999 Sqft
  • .17 Acres
  • $1.1M Price
  • 999 Sqft
  • .17 Acres

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1504 2nd Ave

Three homes FOR SALE in East Salinas! Situated on nearly a HALF ACRE you will find 1504 W 2nd, 1510 W 2nd, & 1301 E Laurel Drive. Within the mapped Alisal Vibrancy Program area, you can own 3 rental homes in near proximity to schools, including Hartnell College, parks, freeways and shopping. Many positive aspects of investing today in an area that is on track for planned improvements! Live in one, rent the others or rent all three - a win, win, win! The large 7000+ sf lot sizes could open possibilities for additional housing opportunities under the current zoning description. Investigating other uses would be worth your while in the midst of California's housing shortage. 1301 E Laurel has direct access through the double gates from Laurel that goes through the back of all three properties. There is a 20' x 30' shop on a slab with power. (listed rents and cap rate based on increases effective November 1, 2019). Thank you for your interest!

Essential Information

  • MLS® #ML81770746
  • Price$1,060,000
  • Square Footage999
  • Square FootageAssessor
  • Acres0.17
  • Year Built1943
  • TypeMulti-Residential
  • Sub-TypeMixed Use or Other Multi-Unit
  • StatusActive

Community Information

  • Address1504 2nd Ave
  • AreaEast Salinas - H & I
  • CountyMonterey
  • StateCA
  • Zip Code93905


  • UtilitiesPublic Utilities
  • Parking Spaces3
  • GaragesAttached


  • CoolingNo Cooling
  • # of Stories1


Central Forced Air Heat, Wall Furnace


  • Lot DescriptionGrade - Level
  • RoofComposition Roof
  • ConstructionWood Frame
  • FoundationRaised

Additional Information

  • ZoningR-L-5.5

Listing Details

  • AgentValerie Smith
  • OfficeIntero Real Estate Services
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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.
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