BG

11320 Sanchez Street

Castroville, CA 95012

$4,250,000 Est. $21,490/mo

Reduced $600,000 · Aug 10

Active Under Contract 112 days on market

Listed By Amy M. SalminaDRE #01494129

Coast & Valley Properties, Inc.

Your inquiry will go to Brenda Geraci, who is not the listing agent for this property.

Lot Size
14,790 sqft
Year Built
1964
Property Type
Commercial sale
Days on Market
112 days
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.

Estimate a monthly payment

/mo

Principal and interest only. Property taxes, insurance and any HOA dues are not included and will increase this amount.

Estimates only, for your own planning. Not a loan offer, a pre-qualification, or a quote from any lender.

Features

Interior Features

Heating
  • Wall Furnace

Exterior Features

Roof
  • Other

Market insights

Computed from CRMLS data for Castroville.

Property history

No prior MLS sale records.

Based on information from California Regional Multiple Listing Service, Inc. as of September 21, 2026 at 12:15 AM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Any amount of compensation or commission stated is made only to participants of CRMLS or an MLS that has entered into a datashare agreement with CRMLS.

Where it is