- $4.6M Price
- .34 Acres
- 25 DOM
11320 Sanchez Street
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.
Essential Information
- MLS® #ML82045975
- Price$4,600,000
- Bathrooms0.00
- Acres0.34
- Year Built1964
- TypeCommercial Sale
- StatusActive
Community Information
- Address11320 Sanchez Street
- Area699 - Not Defined
- CityCastroville
- CountyMonterey
- Zip Code95012
Amenities
- UtilitiesNatural Gas Available
- Parking Spaces17
Interior
- HeatingWall Furnace
- CoolingNone
Exterior
- RoofOther
School Information
- DistrictNorth Monterey County Unified
Additional Information
- Date ListedMay 5th, 2026
- Days on Market25
- ZoningMulti-Family
Listing Details
- AgentAmy M. Salmina
Office
Coast & Valley Properties, Inc.
Price Change History for 11320 Sanchez Street, Castroville, (MLS® #ML82045975)
| Date | Details | Change |
|---|---|---|
| Price Reduced from $4,850,000 to $4,600,000 |
Amy M. Salmina, Coast & Valley Properties, Inc..
Based on information from California Regional Multiple Listing Service, Inc. as of May 30th, 2026 at 9:30pm PDT. 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.