$1,398,000

Multi Family In Salinas

  • 5,385 Sqft
  • 14,160 Sqft lot
  • Updated: September 23
  • Source:
    bridgeMLS  MLS#ML82062199

About the Property

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
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.
…
  • Property type

    Other

  • Year built

    1953

  • Price/sqft

    $259

Features

Explore the Area

1015 N Sanborn Road, Salinas, California, United States View on Google Maps
Price per sqft
Low
High

View 66 more listings in Salinas

Baird Partnership, Inc.

Joined 10 months ago
Your message
You have inquired about this property

The agent will contact you soon by

Listed by

Baird Partnership, Inc.
California, United States
View agency profile
3
Listings
2025
Joined

Book home tour with the agent

Choose a date and whether you'd like a virtual or in-person tour with the agent.

In-person tour
Preferred date
Tour type
Baird Partnership, Inc.
California, United States
View agency profile
Last updated
September 23
First listed
September 23
Listing reference
ML82062199
Listing status
Call

Start phone call with:

Hello, I’m calling for the property with the reference ML82062199, which I discovered on JamesEdition.

After the call, we'll provide your contacts to the agent for easy communication.

brokerages we
partnered with