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.
For sale
Price cut: $250K (5/23)
$4,600,000
Sanchez St, Castroville, CA 95012
4beds
2baths
14,790sqft
Five Or More Units, Residential Income
Built in 1964
-- sqft lot
$4,211,200 Zestimate®
$311/sqft
$-- HOA
What's special
Durable finishesFunctional layoutsNewer roofsOn-site coin-operated laundryDesignated tenant parking
- 58 days |
- 187 |
- 3 |
Zillow last checked:
Listing updated:
Listed by:
Amy M. Salmina 01494129 831-970-9540,
Coast & Valley Properties, Inc. 831-757-1270
Source: MLSListings Inc,MLS#: ML82045975
Loading...
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Kitchen
- Features: Countertop_Formica, Countertop_SolidSurfceCorian
Heating
- Wall Furnace
Cooling
- None
Appliances
- Included: Range Hood, Gas Oven/Range
- Laundry: Coin Operated
Features
- Flooring: Carpet, Vinyl Linoleum
- Doors: None
- Windows: None
Interior area
- Total structure area: 14,790
- Total interior livable area: 14,790 sqft
Property
Parking
- Total spaces: 17
- Parking features: Assigned, No Garage
- Has carport: Yes
Accessibility
- Accessibility features: None
Lot
- Size: 0.34 Acres
Details
- Parcel number: 030074006000
- Zoning: Multi-Family
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Five Or More Units, Residential Income
Materials
- Foundation: Pillar/Post/Pier
- Roof: Other
Condition
- Year built: 1964
Utilities & green energy
- Gas: NaturalGas, PublicUtilities
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Natural Gas Available, Public Utilities, Water Public
Community & HOA
HOA
- Amenities included: None
Location
- Region: Castroville
Financial & listing details
- Price per square foot: $311/sqft
- Date on market: 5/5/2026
- Listing agreement: ExclusiveRightToSell
- Listing terms: CashorConventionalLoan
- Inclusions: OvenRangeAllUnits
- Lease term: Month To Month
Estimated market value
$4,211,200
$4.00M - $4.42M
$2,917/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/24/2026 | Listed for sale | $4,600,000$311/sqft |
Source: | ||
| 6/16/2026 | Contingent | $4,600,000$311/sqft |
Source: | ||
| 5/23/2026 | Price change | $4,600,000-5.2%$311/sqft |
Source: | ||
| 5/6/2026 | Listed for sale | $4,850,000$328/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 95012
Nearby schools
GreatSchools rating
- 4/10Prunedale Elementary SchoolGrades: K-6Distance: 5.2 mi
- 2/10North Monterey County Middle SchoolGrades: 7-8Distance: 0.3 mi
- 4/10North Monterey County High SchoolGrades: 9-12Distance: 1.6 mi
Schools provided by the listing agent
- District: NorthMontereyCountyUnified
Source: MLSListings Inc. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
Local buyer's agents are ready to help

