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

Castroville, CA, 95012
$ 4,850,000
Bedrooms4 Baths-- Sq 14,790

Monthly Estimate*

$ 29,862

11320 Sanchez Street, Castroville, CA 95012 - Image 1
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Commercial Property for sale in Castroville, CA

for $4,850,000 with 4 bedrooms. 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.

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Commercial Active

Price

$ 4,850,000

Bedrooms

4

Property Type

Commercial

Taxes

$ 0

Style

Other

Lot Size

0.0003

Year Built

1964

Town/City

Castroville

County/Region

Monterey

MLS | Web ID

ML82045975

Features
General
Living Area 14790
Heating Wall Furnace
Cooling None
Roof Other
Zoning Mult
Construction Materials Wood
Year Built 1964
Property Subtype Other
County Monterey
Property Type Commercial Sale
HOA false
Energy Efficient None
Garage Y/N false
Status Active
City Castroville
MLS Area Listing
Lot Size Square Feet 15
Standard Status Active
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Interior
Air Conditioning Y/N false
Heating Y/N true
Laundry Features Coin Operated
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Exterior
Parking Features Assigned
Water Source Public
Lot Size Area 15
Building Area Total 14790
Lot Size Acres 0.0003
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* Excluded Features
List By
Amy M. Salmina

Listing Agent

Coast & Valley Properties, Inc.

Broker

amy@coastandvalleypm.com

Email

Affordability Calculator

$29,862
Per Month
100%
0%
0%
Monthly Principal & Interest
$29,862
Monthly Property Taxes
--
Monthly Home Insurance
--
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
4827338 Elementary School
0 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
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 has 4 bedroomsThe property's zip code is 95012 which is in Castroville, CA