Sanchez St, Castroville, CA, 95012
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
Somewhat Walkable
Very Limited Transit
BikeableSchools
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
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Drought
- Inland Flooding
How This Home’s Risks Compare
FEMA Declared Disasters in Monterey County and California
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $23,260 | $279,120 |
| Home Insurance * | $1,031 | $12,372 |
| Property Taxes | $2,415 | $28,980 |
| Electricity | $3,171 | $38,058 |
| Total | $29,877 | $358,524 |
Income You'd Need if You Spent...
California FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-06 | Listed for sale | $4,850,000 |
View on Zillow