11320 Sanchez St, Castroville, CA 95012
- $4,250,000
- 14,790
- SqFt
- List Price
- $4,250,000
- MLS#
- 82045975
- Property Type
- Multifamily
- Sqft. of Residence
- 14,790
- Lot Size
- 14,790
- Region
- Castroville
- Status
- ACTIVE UNDER CONTRACT
- County
- Monterey
- Acres
- 0.34
- Year Built
- 1964
- Parking Spaces
- 17
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.
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Additional Information
- Foundation
- Pillar/Post/Pier
- Living Area
- 14,790
- Lot Size
- 14,790
- Possession
- Close Of Escrow
- Region
- Castroville
- Roof
- Other
- Utilities
- Natural Gas Available
- Zoning
- Multi-Family
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Listing courtesy of Coast & Valley Properties, Inc..
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