11320 Sanchez Street Castroville, CA ^$ 4,850,000

11320 Sanchez Street

^$ 4,850,000

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Recently Listed

11320 Sanchez Street

Castroville, CA, 95012

^$ 4,850,000

Bedrooms-- Baths-- Sq 14,790

Monthly Estimate*

^$ 29,862

Listed by Coast & Valley Properties, Inc.

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Commercial Property for sale in Castroville, CA

for $4,850,000. This 14,790 square foot building was built in 1964 on a lot size of 0.0003.

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.

Commercial Active

Price

^$ 4,850,000

Property Type

Commercial

Taxes

^$ 21,210

Style

Lot Size

0.0003

Year Built

1964

Town/City

Castroville

County/Region

Monterey

MLS | Web ID

ML82045975

Days on Market

Features

General

Heating Wall Furnace

Cooling None

Utilities Natural Gas Available

Roof Other

Zoning Multi-Family

HOA Fee 0

Year Built 1964

County Monterey

Insurance Expense 12188

Property Type Commercial Sale

MaintenanceExpense 10722

Special Listing Conditions Standard

Status Active

Directions Cross Street: Geil St.

City Castroville

High School District North Monterey County Unified

MLS Area 699 - Not Defined

Lot Size Units Square Feet

Lot Size Square Feet 15

Carport Spaces 0

Tax Annual Amount 21210

Trash Expense 18145

Standard Status Active

Occupancy Type Tenant

Year Built Source Assessor

Interior

Air Conditioning Y/N true

Heating Y/N true

Total Baths 0

Exterior

Water Source Public

Total Parking 17

Lot Size Area 15

Number of Buildings 2

Building Area Total 14790

Lot Size Acres 0.0003

Lot Size Source Other

* Excluded Features

List By

Coast & Valley Properties, Inc.

Broker

amy@coastandvalleypm.com

Affordability Calculator

$31,630

Per Month

Monthly Principal & Interest: $29,862
Monthly Property Taxes: $1,768
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Castroville, CA

Average List Price ^$3,091,667

Percent of Sale Price 36%

About Castroville, CA

6,543 Population

-1% Since 2002

^$51,895 Median Income

30.65 Median Age

57% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/6/2026	$4,850,000		Listed Price

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11320 Sanchez Street, Castroville, CA, 95012 is a Commercial Property for sale at $4,850,000 with 14,790 sqft and a lot size of 0.0003. 11320 Sanchez Street was built in 1964. The property's zip code is 95012 which is in Castroville, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 5/13/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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11320 Sanchez Street

Commercial Property for sale in Castroville, CA

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