1015 N Sanborn Road Salinas, CA $ 1,398,000
1015 N Sanborn Road
$ 1,398,000
Recently Listed
Share Save

1015 N Sanborn Road

Salinas, CA, 93905
$ 1,398,000
Bedrooms-- Baths-- Sq 5,385

Monthly Estimate*

$ 8,827

Listed by James Kendall, Baird Partnership, Inc., jkendall@mahoneycommercial.com
1015 N Sanborn Road, Salinas, CA 93905 - Image 1
1015 N Sanborn Road, Salinas, CA 93905 - Image 2
1015 N Sanborn Road, Salinas, CA 93905 - Image 3
1015 N Sanborn Road, Salinas, CA 93905 - Image 4
1015 N Sanborn Road, Salinas, CA 93905 - Image 5
1015 N Sanborn Road, Salinas, CA 93905 - Image 6
1015 N Sanborn Road, Salinas, CA 93905 - Image 7

Commercial Property for sale in Salinas, CA

for $1,398,000. This 5,385 square foot building was built in 1953 on a lot size of 0.3251.

Investment opportunity featuring five apartment units across two separate two-story buildings at 1015 N Sanborn Rd, Salinas, CA 93905. Do not disturb occupants. The property offers a strong bedroom mix four spacious 4-bedroom units plus one smaller 3-bedroom / 1-bathroom unit, giving the new owner in-place income with a clear path to improve operations and finishes over time. Each building is two stories, with abundant off-street parking on site. One building already has a new roof and sprinklers. There is a laundry room with hookups in place and ready to be connected, subject to buyer investigation and local requirements. The property sits along a primary East Salinas corridor with nearby schools, parks, and transit. The asset offers a clear value-add path through rent upside and interior modernization. Current rents and any future increases are subject to applicable City of Salinas rent regulations and should be independently verified by the buyer. A solid investment opportunity offering large-bedroom unit mix, existing rental income, and future value-add potential on North Sanborn Road.

See more

Commercial Active

Price

$ 1,398,000

Property Type

Commercial

Taxes

$ 16,077

Style

Lot Size

0.3251

Year Built

1953

Town/City

Salinas

County/Region

Monterey

MLS | Web ID

ML82062199

Days on Market

8

Features
General
Utilities Other
Roof Other
Zoning Zoning R-H-2.1
HOA Fee 0
Year Built 1953
County Monterey
Insurance Expense 13164
Property Type Commercial Sale
MaintenanceExpense 0
Special Listing Conditions Standard
Status Active
City Salinas
High School District Other
MLS Area 699 - Not Defined
Lot Size Units Square Feet
Lot Size Square Feet 14160
Carport Spaces 0
Tax Annual Amount 16077
Trash Expense 4260
Standard Status Active
Year Built Source Other
See more
Interior
Air Conditioning Y/N true
Total Baths 0
See more
Exterior
Water Source Other
Total Parking 14
Lot Size Area 14160
Number of Buildings 2
Building Area Total 5385
Lot Size Acres 0.3251
Lot Size Source Assessor
See more
* Excluded Features
List By
James Kendall

Listing Agent

Baird Partnership, Inc.

Broker

jkendall@mahoneycommercial.com

Email

Affordability Calculator

$10,167
Per Month
87%
13%
0%
Monthly Principal & Interest
$8,827
Monthly Property Taxes
$1,340
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/22/2026$1,398,000 Listed Price

Map


See all

1015 N Sanborn Road, Salinas, CA, 93905 is a Commercial Property for sale at $1,398,000 with 5,385 sqft and a lot size of 0.3251. 1015 N Sanborn Road was built in 1953. The property's zip code is 93905 which is in Salinas, CA