608 N Sanborn RD, Salinas, CA 93905
608 N Sanborn RD, Salinas, CA 93905
608 N Sanborn RD, Salinas, CA 93905
608 N Sanborn RD, Salinas, CA 93905
608 N Sanborn RD, Salinas, CA 93905
608 N Sanborn RD, Salinas, CA 93905
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$ 3,995,000
Est. payment | /mo

0.66 Acres Lot


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$ 3,995,000
Est. payment | /mo
Save

0.66 Acres Lot

Key Details

Property Type Commercial

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID ML82058355

HOA Y/N No

Year Built 1974

Annual Tax Amount $43,945

Lot Size 0.661 Acres

Property Description

Rare opportunity to acquire a generationally held 22-unit apartment complex in Salinas, owned by the same family since its original construction. The property features a consistent unit mix of two-bedroom, one-bathroom residences that have been well maintained over the years. Comfortable and functional in their present condition, the interiors also offer opportunities for selective modernization as units become available, allowing new ownership to build upon a solid foundation and enhance long-term value. Parking includes 23 covered carport spaces and 13 additional open spaces. An on-site laundry facility offers added convenience for residents. With its substantial scale, desirable unit mix, the property presents a noteworthy long-term investment opportunity.

Location

State CA

County Monterey

Area 699 - Not Defined

Zoning R-H

Interior

Heating Wall Furnace

Cooling None

Fireplace No

Exterior

Carport Spaces 23

Roof Type Composition

Total Parking Spaces 13

Building

Lot Description Level

Water Public

Schools

School District Other

Others

Tax ID 004222062000

Security Features Security Lights

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Chris Barre Sotheby's International Realty #01305789

Nearby Locations

Travis Breton

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(760) 470-2752

travisbreton@gmail.com

1902 Wright Place #200, Carlsbad, CA 92008, USA

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608 N Sanborn RD

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