1015 N Sanborn RD Salinas CA 93905 | MLS #ML82062199
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 Details
Price:
$1,398,000
MLS #:
ML82062199
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Neighborhood:
699notdefined
Listed Date:
Sep 22, 2026
Total Sq Ft:
5,385
Lot Size:
14,160 sqft / 0.33 acres (approx)
Year Built:
1953
See this Listing
Schools
School District:
Other
Interior
Exterior
Parking Spots
14
Parking Total
14
Roof
OTH
Financial
Taxes
$16,077
Map
Community
- Address1015 N Sanborn RD Salinas CA
- CitySalinas
- CountyMonterey
- Zip Code93905
Market Summary
Current real estate data for Commercial in Salinas as of Sep 25, 2026
29
Commercial Listed
169
Avg DOM
$4,414,345
Avg List Price
Property Summary
- 1015 N Sanborn RD Salinas CA is a Commercial for sale in Salinas, CA, 93905. It is listed for $1,398,000 To schedule a showing of MLS#ml82062199 at 1015 N Sanborn RD in Salinas, CA, contact your Compass agent at 310.409.7242.
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Courtesy of Baird Partnership, Inc.. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than Compass include the name of the listing broker. Neither the listing company nor Compass shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved.1015 N Sanborn RD
Salinas, CA
