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$4,850,000 Just Listed

  • For Sale
  • Active
  • Commercial Residential Facility
  • 14,790 Sq. Ft.
  • Updated 1 hour ago
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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.

Full Property Details for 11320 Sanchez St

General

  • Price: $4,850,000
  • Status: Active
  • Type: Commercial Residential Facility
  • Source: RE_Infolink
  • MLS ID: ML82045975
  • Updated: Today (5/6/2026)
  • Added to Site: Today

Interior

  • Interior Features: None
  • Flooring: Carpet, Vinyl / Linoleum

Rooms

Other Rooms

  • Kitchen: Formica Countertop, Countertop - Solid Surface / Corian, Hood over Range, Gas Oven/Range
  • Laundry: Coin-Operated

Additional Information

  • Security/Safety: None

Parking

  • Parking Features: Assigned Spaces, No Garage, Uncovered Parking

Location

  • Area: Castroville
  • County: Monterey
  • Cross Streets: Geil St.

Community

  • Assoc. Fees Include: None

Heating & Cooling

  • Cooling Type: None

Utilities

  • Sewer: Public Sewer, Sewer Connected
  • Water: Public
  • Utility Description: Individual Electric Meters, Natural Gas, Public Utilities
  • Metering: Master Electric, Master Water, Separate Common Area, Separate Electric, Separate Gas

Structural Information

  • Construction: Wood
  • Foundation: Post and Pier
  • Roof: Other
  • Disability Access: None
  • Square Feet: 14,790
  • Year Built: 1964

Unit Information

Unit 1

  • Square Feet: 870
  • Bedrooms: 2

Unit 2

  • Square Feet: 870
  • Bedrooms: 2

Lot Features

  • Minimum Lot Size: 15
  • Building Sites: 2
  • Grounds/Landscape: None
  • Zoning: Multi-Family

Disclosures and Reports

  • Restrictions: None

Listed by Coast & Valley Properties, Inc., Amy M. Salmina

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Listing agent

— 11320 Sanchez St —

  • Amy M. Salmina

    Coast & Valley Properties, Inc.

Get Pre-Approved Today

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Price & Sales History for 11320 Sanchez St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/06/2026
Listed
$4,850,000
94%
MLS
4/29/2015
Sold
$2,500,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 11320 Sanchez St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$23,372
2%
$1,983,042
2%
2024
$22,858
2%
$1,944,159
2%
2023
$22,435
1%
$1,906,039
2%
2022
$22,240
4%
$1,868,667
2%
2021
$21,420
4%
$1,832,027
1%
2020
$20,624
2%
$1,813,243
2%
2019
$20,148
2%
$1,777,690
2%
2018
$19,779
6%
$1,742,835
2%
2017
$18,714
-4%
$1,708,663
2%
2016
$19,463
128%
$1,675,161
131%
2015
$8,547
2%
$724,986
2%
2014
$8,416
4%
$710,785
—
2013
$8,075
—
$707,573
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by Coast & Valley Properties, Inc., Amy M. Salmina

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11320 Sanchez St, Castroville, CA 95012 (MLS# ML82045975) is a Commercial Residential Facility property. 11320 Sanchez St is currently listed for $4,850,000 and was received on May 06, 2026. Want to learn more about 11320 Sanchez St? Do you have questions about finding other Commercial Residential Facility real estate for sale in Castroville? You can browse all Castroville real estate or contact a Coldwell Banker agent to request more information.

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