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Berkshire Hathaway HomeServices California Properties

11320 Sanchez Street, Castroville, CA 95012

$4,600,000 Approx. USD

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Berkshire Hathaway HomeServices California Properties 11828 Rancho Bernardo Rd, Ste 210
San Diego, CA 92128 888-995-7575

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Listing Agent

Amy M. Salmina | amy@coastandvalleypm.com
Lic#: 01494129
Broker: Courtesy of Coast & Valley Properties, Inc.
Phone: 831-970-9540

Listing Details

Property type: (Commercial)

Property Sub-Type:

Status: Active

Listing ID: ML82045975

List price is $4,600,000 Reduced by $250,000 on 5/23/2026

Price: $4,600,000

Rental Rate: $4,600,000

Lot Size:

HOA Fee is $0.00

Built in 1964

0.34 acres

County: Monterey

Zoning: Multi-Family

Heating/cooling: None

Heating description: Wall Furnace

Last Updated: 7/24/2026

Days On Market (DOM): 90

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Lat/Long: 36.769458, -121.756963.
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Lot Details

Easement Present: (Easement present. For more information, contact agent.)

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Property Details

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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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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