11320 Sanchez Street, Castroville, CA, CA 95012
- $4,600,000
- List Price
- $4,600,000
- Price Change
- ▼ $250,000 1779578108
- Status
- ACTIVE
- MLS#
- ML82045975
- County
- Monterey
- Zoning
- Multi-Family
- Year Built
- 1964
- Square Feet
- 14,790
- Lot Size (acres)
- 0.3395
- Days on Market
- 75
- Property Type
- Commercial
Property Description
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.
/u.realgeeks.media/grandestatesca/dp_logo_w_background.png){kind=logo}
Additional Information
- Taxes
- $21,210
- Parcel Number
- 030074006000
- Gross Scheduled Income
- $430,842
- Utilities
- Natural Gas Available
- Heat
- Wall Furnace
- Cooling
- Yes
- Cooling Description
- None
- Roof
- Other
- Parking Spaces
- 17
- Water
- Public
- School District
- North Monterey County Unified
Listing courtesy of Listing Agent: Amy M. Salmina (amy@coastandvalleypm.com) from Listing Office: Coast & Valley Properties, Inc..
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . 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, 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.