New Listing
$3,995,000
( $230.84Per Sq Foot )
 $21,446 est/mo Sourced by Back At You

608 N Sanborn Road,Salinas, CA 93905

Salinas, CA 93905

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Description

Rare opportunity to acquire a generationally held 22-unit apartment complex in Salinas, owned by the same family since its original construction. The property features a consistent unit mix of two-bedroom, one-bathroom residences that have been well maintained over the years. Comfortable and functional in their present condition, the interiors also offer opportunities for selective modernization as units become available, allowing new ownership to build upon a solid foundation and enhance long-term value. Parking includes 23 covered carport spaces and 13 additional open spaces. An on-site laundry facility offers added convenience for residents. With its substantial scale, desirable unit mix, the property presents a noteworthy long-term investment opportunity.

Details

MLS #ML82058355
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1974
Days On Site4
Listing Provided BySotheby's International Realty | Chris Barre

Features

SQ Feet17,306
Car PortYes
Building(s)6
ZoningR-H
Acreage0.66

Interior

CoolingNone
HeatingWall Furnace
Heating Yes / NoYes
Cooling Yes / NoYes

Exterior

RoofComposition
Security FeaturesSecurity Lights
Lot FeaturesLevel

Taxes

Property43945

Area Information

StateCA
CountyMonterey
CitySalinas
Zip Code93905
Area699 Not Defined
Listing VS Median (in 93905)
Price:
$3,995,000
low | high
Med:
$1,149,500
100% of Average
sqft:
17,306
low | high
Med:
2,518
100% of Average
$ / sqft:
$231
low | high
Med:
$798
100% of Average
On site:
4
low | high
Med:
65
6.153846153846% of Average
Sourced by Back At You

Market Activity 93905

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Learn More About This Property

Coldwell Banker Commercial Real Estate Solutions

Coldwell Banker Commercial Real Estate Solutions

DRE: 01857050 (760) 684-8000info@cbcdesert.com
StateCA
CountyMonterey
CitySalinas
Zip Code93905
Area699 Not Defined
Listing VS Median (in 93905)
Price:
$3,995,000
low | high
Med:
$1,149,500
100% of Average
sqft:
17,306
low | high
Med:
2,518
100% of Average
$ / sqft:
$231
low | high
Med:
$798
100% of Average
On site:
4
low | high
Med:
65
6.153846153846% of Average
Sourced by Back At You
Listing Updated: August 21, 2026 at 10:15:27 PM PDT
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