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Sanchez St, Castroville, CA, 95012

4beds
2baths
14,790sqft
$4,850,000
$328price/sqft
$31,328/moest. monthly cost
$1,253,120/yrincome needed

About This Home

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.

Getting Around

65
WalkingSomewhat Walkable
0
TransitVery Limited Transit
59
BikeBikeable

Schools

Construction

Condition

  • Year built: 1964

Materials

  • Foundation: Pillar/Post/Pier
  • Roof: Other

Type & Style

  • Home type: MultiFamily
  • Property subType: Five Or More Units,Residential Income

Interior

Appliances

  • Appliances included: Range Hood,Gas Oven/Range
  • Laundry features: Coin Operated

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2

Features

  • Door features: None
  • Window features: None
  • Flooring: Carpet,Vinyl Linoleum

Heating & Cooling

  • Heating features: Wall Furnace
  • Cooling features: None

Interior Area

  • Total structure area: 14,790
  • Total interior livable area: 14,790 sqft

Kitchen

  • Features: Countertop_Formica, Countertop_SolidSurfceCorian

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 030074006000
  • Zoning: Multi-Family
  • Special condition: Standard

Lot

  • Lot size: 15 sqft

Parking

  • Total spaces: 17
  • Parking features: Assigned,No Garage
  • Carport: Yes