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Under contract
  • $1,398,000

    North Sanborn, Salinas, CA 93905

    15beds
    5baths
    5,385sqft
    : 
    $9,170/mo
    Get pre-qualified
    Five Or More Units, Residential Income
    Built in 1953
    -- sqft lot
    $-- Zestimate®
    $260/sqft
    $-- HOA

    What's special

    New roofLarge-bedroom unit mixTwo separate two-story buildings
    Investment opportunity featuring five apartment units across two separate two-story buildings at 1015 N Sanborn Rd, Salinas, CA 93905. Do not disturb occupants. The property offers a strong bedroom mix four spacious 4-bedroom units plus one smaller 3-bedroom / 1-bathroom unit, giving the new owner in-place income with a clear path to improve operations and finishes over time. Each building is two stories, with abundant off-street parking on site. One building already has a new roof and sprinklers. There is a laundry room with hookups in place and ready to be connected, subject to buyer investigation and local requirements. The property sits along a primary East Salinas corridor with nearby schools, parks, and transit. The asset offers a clear value-add path through rent upside and interior modernization. Current rents and any future increases are subject to applicable City of Salinas rent regulations and should be independently verified by the buyer. A solid investment opportunity offering large-bedroom unit mix, existing rental income, and future value-add potential on North Sanborn Road.
    42 days
    97
    5

    Zillow last checked:

    Listing updated:

    Listed by:

    James Kendall 02010395 831-275-0129,

    Baird Partnership, Inc. 831-646-1919

    Source: MLSListings Inc,MLS#: ML82062199MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 15
      • Bathrooms: 5
      Heating
      • Other
      Cooling
      • Other
      Features
      • Doors: Other
      Interior area
      • Total structure area: 5,385
      • Total interior livable area: 5,385 sqft

      Property

      Parking
      • Total spaces: 14
      • Parking features: Carport
      • Has carport: Yes
      Accessibility
      • Accessibility features: Other
      Lot
      • Size: 0.33 Acres
      Details
      • Parcel number: 004383061000
      • Zoning: Zoning R-H-2.1
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Five Or More Units, Residential Income
      Materials
      • Foundation: Other
      • Roof: Other
      Condition
      • Year built: 1953

      Utilities & green energy

      • Gas: Other
      • Sewer: Other
      • Water: Other
      • Utilities for property: Other

      Community & HOA

      Location
      • Region: Salinas

      Financial & listing details

      • Price per square foot: $260/sqft
      • Date on market: 9/22/2026
      • Listing agreement: ExclusiveRightToSell
      • Inclusions: Other

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        10/16/2026Contingent$1,398,000$260/sqft
        Source: MLSListings Inc #ML82062199 Report a problem
        9/22/2026Listed for sale$1,398,000$260/sqft
        Source: MLSListings Inc #ML82062199 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: Alisal

        Getting around

        70 / 100
        Somewhat Walkable
        32 / 100
        Some Transit
        46 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: AlisalUnionElementary

        Source: MLSListings Inc. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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