1015 N Sanborn Road Salinas, CA $ 1,398,000
1015 N Sanborn Road
$ 1,398,000
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1015 N Sanborn Road

Salinas, CA, 93905
$ 1,398,000
Bedrooms15 Baths-- Sq 5,385

Monthly Estimate*

$ 9,656

1015 N Sanborn Road, Salinas, CA 93905 - Image 1
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1015 N Sanborn Road, Salinas, CA 93905 - Image 7

Commercial Property for sale in Salinas, CA

for $1,398,000 with 15 bedrooms. 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.

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Commercial Active

Price

$ 1,398,000

Bedrooms

15

Property Type

Commercial

Taxes

$ 0

Style

Other

Lot Size

0.3251

Year Built

1953

Town/City

Salinas

County/Region

Monterey

MLS | Web ID

ML82062199

Features
General
Living Area 5385
Heating Other
Cooling Other
Roof Other
Zoning Zoni
Year Built 1953
Property Subtype Other
Accessibility Other
County Monterey
Property Type Commercial Sale
HOA false
Status Active
City Salinas
MLS Area Listing
Lot Size Square Feet 14160
Standard Status Active
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Interior
Air Conditioning Y/N true
Heating Y/N true
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Exterior
Lot Size Area 14160
Building Area Total 5385
Lot Size Acres 0.3251
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* Excluded Features
List By
James Kendall

Listing Agent

Baird Partnership, Inc.

Broker

jkendall@mahoneycommercial.com

Email

Affordability Calculator

$9,656
Per Month
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Monthly Principal & Interest
$9,656
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 7.375% 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
9/22/2026$1,398,000 Listed Price

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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 has 15 bedroomsThe property's zip code is 93905 which is in Salinas, CA