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Travis Breton

travisbreton@gmail.com +1(760) 470-2752

$ 1,398,000

Est. payment | -/mo

0.33 Acres Lot

Save

$ 1,398,000

Est. payment | -/mo

Save

0.33 Acres Lot

Key Details

Property Type Commercial

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID ML82062199

HOA Y/N No

Year Built 1953

Annual Tax Amount $16,077

Lot Size 0.325 Acres

Property Description

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.

Location

State CA

County Monterey

Area 699 - Not Defined

Zoning Zoning R-H-2.1

Interior

Fireplace No

Exterior

Utilities Available Other

Roof Type Other

Total Parking Spaces 14

Building

Water Other

Schools

School District Other

Others

Tax ID 004383061000

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)

Listed by James Kendall Baird Partnership, Inc. #02010395

Nearby Locations

"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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1015 N Sanborn RD Salinas, CA 93905