1015 N Sanborn RD Salinas CA 93905 | MLS #ML82062199

1015 N Sanborn RD
Salinas, CA, 93905
$1,398,000
Beds
0 Baths
0 SqFt
0.33 Acres
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MLS #ML82062199 image #0
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
699 – Not Defined699notdefinedOther

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Schools

School District:
Other

Interior

Exterior

Parking Spots
14
Parking Total
14
Roof
OTH

Financial

Taxes
$16,077

Map

Community

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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1015 N Sanborn RD
Salinas, CA