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14,790 sqft

$4,250,000

11320 Sanchez Street, Castroville CA, 95012

Price per sqft$287.36
Built in1964
Property size14,790 sqft
Property typeOther

Overview

Active

Listed May 6, 2026

Updated 13h 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.

$28,275/mo

Est. mortgage payment based on a $4,250,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
ML82045975

Interior Features

Heating
Yes
Basement
No

Exterior Features

Lot Size
0.34 Acres
MLS provider logo

Listed by Amy M. Salmina, with Coast & Valley Properties, Inc.
Listing Contact: 831-970-9540 

Bay East  ©2026 CCAR  ©2026. bridgeMLS  ©2026. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 5:54 AM UTC, 10/7/2026.

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