$4,250,000

11320 Sanchez Street, Castroville CA, 95012

Price per sqft$287.36

Built in1964

Property size14,790 sqft

Property typeCommercial

Listed by Amy M. Salmina CA DRE# 01494129 with Coast & Valley Properties, Inc. 831-970-9540

Overview

Active

Listed May 5, 2026

Updated 17h ago

17-unit multifamily investment opportunity in the coastal market of Castroville. The property features a highly desirable unit mix of 2-bedroom, 1-bath units, well-suited for strong workforce and family rental demand in the area. The asset offers a combination of stable in-place income with value-add potential, supported by newer roofs. Units feature functional layouts with durable finishes, and the property includes on-site coin-operated laundry and designated tenant parking, enhancing convenience and retention. Strategically located with easy access to Highway 1 and Highway 183, providing connectivity to Salinas, Monterey, and Santa Cruz employment hubs. Castroville continues to experience strong rental demand driven by limited housing supply and its position as a more affordable alternative to surrounding coastal markets.

Additional information

MLS^® ID: ML82045975

Interior Features

Bathrooms: 0
Cooling: Yes
Heating: Yes
Basement: No

Exterior Features

Lot Size: 0.34 Acres

Other Property Details

Taxes: $21,210
Tax Frequency: Annually
Maintenance Expense: $10,722

Listed by Amy M. Salmina CA DRE# 01494129 with Coast & Valley Properties, Inc. 831-970-9540

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 10/7/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 10/7/2026 at 6:37 AM UTC Last Checked: 6:37 AM UTC