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: $350K (8/10)
$4,250,000
Sanchez St, Castroville, CA 95012
4beds
2baths
14,790sqft
Five Or More Units, Residential Income
Built in 1964
-- sqft lot
$3,845,300 Zestimate®
$287/sqft
$-- HOA
What's special
Durable finishesFunctional layoutsNewer roofsOn-site coin-operated laundryDesignated tenant parking
- 178 days
- 183
- 7
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
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: $287/sqft
- Date on market: 5/5/2026
- Listing agreement: ExclusiveRightToSell
- Listing terms: CashorConventionalLoan
- Inclusions: OvenRangeAllUnits
- Lease term: Month To Month
Estimated market value
$3,845,300
$3.65M - $4.04M
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 10/6/2026 | Listed for sale | $4,250,000$287/sqft |
Source:  MLSListings Inc #ML82045975 Report a problem | ||
| 9/8/2026 | Contingent | $4,250,000$287/sqft |
Source: MLSListings Inc #ML82045975 Report a problem | ||
| 8/10/2026 | Price change | $4,250,000-7.6%$287/sqft |
Source: MLSListings Inc #ML82045975 Report a problem | ||
| 6/24/2026 | Listed for sale | $4,600,000$311/sqft |
Source: MLSListings Inc #ML82045975 Report a problem | ||
| 6/16/2026 | Contingent | $4,600,000$311/sqft |
Source: MLSListings Inc #ML82045975 Report a problem | ||
| 5/23/2026 | Price change | $4,600,000-5.2%$311/sqft |
Source: MLSListings Inc #ML82045975 Report a problem | ||
| 5/6/2026 | Listed for sale | $4,850,000$328/sqft |
Source: MLSListings Inc #ML82045975 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 95012
Nearby schools
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.
