1015 N Sanborn Road, Salinas

$1,398,000

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0.33

Acres

About 1015 N Sanborn Road

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.

Features of 1015 N Sanborn Road

MLS® # ML82062199
Price $1,398,000
Bathrooms 0.00
Acres 0.33
Year Built 1953
Type Commercial Sale
Status Active

Community Information

Address 1015 N Sanborn Road
Area 699 - Not Defined
City Salinas
County Monterey
Zip Code 93905

Amenities

Utilities Other
Parking Spaces 14
Is Waterfront No
Has Pool No

Interior

Has Basement No
Fireplace No

Exterior

Roof Other

School Information

District Other

Additional Information

Date Listed September 22nd, 2026
Days on Market 13
Zoning Zoning R-H-2.1
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentJames Kendall
OfficeBaird Partnership, Inc.

Listing Map

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