1015 N Sanborn Road, Salinas, CA, 93905

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$1,398,000
38 Days On Site

1015 N Sanborn Road
Salinas, CA 93905

For Sale|Commercial Sale|Active Under Contract
0
Beds
0
Total Baths
5,385
SqFt
$260
/SqFt
1953
Built
County:
Monterey
Listed by James Kendall of Baird Partnership, Inc. jkendall@mahoneycommercial.com
Call Now: 951-203-4426
Is this the listing for you? We can help make it yours.
951-203-4426
1015 N Sanborn Road1015 N Sanborn Road1015 N Sanborn Road1015 N Sanborn Road
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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.

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Listing Snapshot
Price 
$1,398,000
Days On Site 
38 Days
Bedrooms 
N/A
Inside Area (SqFt) 
5,385 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.3251 Acres
Year Built 
1953
MLS Number 
ML82062199
Status 
Active Under Contract
Property Tax 
$16,077
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Other
Friends & Family
Recent Activity
2 weeks agoListing updated with changes from the MLS
2 weeks agoStatus changed to Active Under Contract
a month agoListing first seen on site
General Features
Acres 
0.3251
Parking Spaces 
14
Special Circumstances 
Standard
SqFt Total 
5385
Utilities 
Other
Water Source 
Other
Zoning 
Zoning R-H-2.1
Interior Features
Cooling 
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Exterior Features
Roof 
Other
Community Features
MLS Area 
699 - Not Defined
School District 
Other
Schools
School District
Other
Elementary School
Unknown
Middle School
Unknown
High School
Unknown


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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