608 N Sanborn RD, Salinas, CA 93905
- $3,995,000
- 17,306
- SqFt
- List Price
- $3,995,000
- MLS#
- ML82058355
- Status
- ACTIVE
- Property Type
- com
- Sqft. of Residence
- 17,306
- Lot Size
- 28,800
- Listing Area
- Es-68
- Year Built
- 1974
Property 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.
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Additional Information
- Acres
- 0.66
- Age
- 52
- Cooling System
- None
- Floor Covering
- Carpet, Vinyl / Linoleum
- Foundation
- Concrete Slab
- Garage Parking
- Assigned Spaces, Covered Parking, No Garage, Unassigned Spaces, Uncovered Parking
- Heating System
- Wall Furnace
- Laundry Facilities
- Coin Operated
- Living Area
- 17,306
- Lot Description
- Grade - Level
- Lot Size
- 28,800
- Neighborhood
- Es-68
- Other Utilities
- Individual Electric Meters, Individual Gas Meters, Public Utilities
- Roof
- Composition
- Sewer
- Sewer - Public
- Special Features
- None
- Unincorporated Yn
- Yes
- Zoning
- R-H
Mortgage Calculator
Listing courtesy of Chris Barre from Sotheby's International Realty. 831-484-4298
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