Listing courtesy of Eddie Guajardo from eXp Realty of California Inc. 831-206-2335
Investor/contractor special in East Salinas! This 7,300 SF R-M-2.9 zoned lot offers a legal duplex with a 2BD/1BA main residence plus a 1BD/1BA second unit currently rented month-to-month for immediate holding income. Both structures need extensive top-to-bottom rehabilitation, including structural, electrical, plumbing, and cosmetic work throughout. This is a true value-add project for experienced buyers, flippers, or contractors. Sold AS-IS, WHERE-IS strictly. Seller will make no repairs and provides no warranties, express or implied. Buyer to independently verify square footage, permits, unit legality, and condition of all systems and structures. Medium-density zoning may support future redevelopment potential; buyer to verify with the City of Salinas. Convenient location near schools and shopping. Cash or hard-money financing only. Rear unit is tenant-occupied; do not disturb the tenant or walk the property without an accepted offer and seller authorization. Priced to move fast for a serious buyer ready to put in the work. Huge upside for the right investor.
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