$3,995,000

608 N Sanborn Road, Salinas CA, 93905

Price per sqft$230.84

Built in1974

Property size17,306 sqft

Property typeCommercial

Listed by Chris Barre CA DRE# 01305789 with Sotheby's International Realty 831-484-4298

Overview

Active

Listed Aug 20, 2026

Updated 2 days ago

Rare opportunity to acquire a generationally held 22-unit apartment complex in Salinas, owned by the same family since its original construction. The property features a consistent unit mix of two-bedroom, one-bathroom residences that have been well maintained over the years. Comfortable and functional in their present condition, the interiors also offer opportunities for selective modernization as units become available, allowing new ownership to build upon a solid foundation and enhance long-term value. Parking includes 23 covered carport spaces and 13 additional open spaces. An on-site laundry facility offers added convenience for residents. Current rents and future increases are subject to City of Salinas rent regulations and should be independently verified by the buyer.

Additional information

MLS^® ID: ML82058355

Interior Features

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

Exterior Features

Lot Size: 0.66 Acres

Other Property Details

Taxes: $43,945
Tax Frequency: Annually
Maintenance Expense: $30,308

Listed by Chris Barre CA DRE# 01305789 with Sotheby's International Realty 831-484-4298

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 10/5/2026. 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 10/5/2026 at 3:52 AM UTC Last Checked: 3:52 AM UTC