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Commercial Property — 11320 Sanchez Street, Castroville, CA

$4,600,000

11320 Sanchez Street, Castroville, CA

$4,600,000 — 11320 Sanchez Street, Castroville, CA — photo 1 $4,600,000 — 11320 Sanchez Street, Castroville, CA — photo 2 $4,600,000 — 11320 Sanchez Street, Castroville, CA — photo 3 $4,600,000 — 11320 Sanchez Street, Castroville, CA — photo 4 $4,600,000 — 11320 Sanchez Street, Castroville, CA — photo 5
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About this property

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.

Property details

Square feet
14,790
Year built
1964
Property type
CommercialSale

Location

11320 Sanchez Street • Castroville, CA 95012

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Listed by

Amy M. Salmina · Coast & Valley Properties, Inc.

Listing courtesy of Coast & Valley Properties, Inc.. Information deemed reliable but not guaranteed.

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