MLS#ML82045975
STATUSActive
PROPERTY TYPECommercial - Business
SCHOOLNorth Monterey County Unified
Listing Courtesy of:
Coast & Valley Properties, Inc.
Agency Phone: 831-757-1270
Associate Name: Amy M. Salmina
Listing Shown by:
Farrell Smyth, Inc.
Agency Phone: 805-543-2172
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.
Property Features
Property Type: Commercial - Business
Cooling: None
Heating: WallFurnace
Lot Size: 0.34 Acres
Roof Type: Other
Taxes: $21,210
Year Built: 1964
Feature Descriptions
Days on Site: 17
Parcel#: 030074006000
Utilities: NaturalGasAvailable
Water: Public
Local Schools
School District: North Monterey County Unified
Listed By / Shown By
Listed By
Agency Name: Coast & Valley Properties, Inc.
Agent Name: Amy M. Salmina
Agency Phone: 831-757-1270
Shown By
Agency Title: Farrell Smyth, Inc.
Agency Phone: 805-543-2172
11320 Sanchez Street | MLS# ML82045975
This commercial property located at 11320 Sanchez Street, Castroville, CA 95012 is currently listed for sale with an asking price of $4,600,000. Sanchez Street is located within the North Monterey County Unified school district. Search Castroville real estate on www.farrellsmyth.com today.