$4,250,000

11320 Sanchez Street, Castroville CA, 95012

Price per sqft$287.36

Built in1964

Property size14,790 sqft

Property typeCommercial

Overview

Active

Listed May 5, 2026

Updated 3 days 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, Coast & Valley Properties, Inc., CA DRE 01494129

Listing Contact: 831-970-9540

Based on information from the CRISNet MLS as of 10/7/2026, 6:32 AM UTC. 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. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.