- For Sale $1,398,000
- Property Type Multi-Family
- Property Size 5,385 SF
- Units 5
- Lot Size 14,160 SF
- Date Updated Oct 29, 2026
Description
Mahoney & Associates is pleased to present for sale 1015 N Sanborn Rd, Salinas, CA 93905, a five-unit apartment complex on North Sanborn Road in East Salinas. The property consists of two two-story buildings with a strong bedroom mix (four 4-bedroom units and one smaller three bed/one bath unit), offering investors a clear value-add path through rent upside and interior modernization. One of the buildings has a new roof and sprinklers. The site provides abundant off-street parking, and there is a laundry room with in place hookups ready to be connected. Situated along a primary East Salinas corridor with nearby schools, parks, and transit, the asset is well positioned for an owner-operator or investor seeking in-place income with room to improve operations and finishes.
Established East Salinas Location
Rare Detached Unit Configuration
Minimal Historical Tenant Turnover
Potential Owner-User Opportunity
Opportunity for Future Rental Upside
False
Contacts
Mahoney & Associates
Location
Located at 1015 N Sanborn Rd, Salinas, CA 93905, this property is part of the Creekbridge neighborhood and Central Coast market.
Mahoney & Associates
