Listing provided courtesy of Amy M. Salmina of Coast & Valley Properties, Inc.. Last updated 2026-06-25 08:25:08.000000. Listing information © 2026 CRMLS.
Asking Price: $4,600,000
11320 Sanchez, Castroville CA 95012
Community: 699 - Not Defined
Status: Active
This property was built in 1964 and is priced at $4,600,000. Please see the additional details below.
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.

















