Listed By: Coast & Valley Properties, Inc. - 831-757-1270
Listed By: Amy M. Salmina
Property Description
17-unit multifamily investment opportunity in the coastal market of Castroville. The property features a highly desirable unit mix of 2-bedroom, 1-bath units, well-suited for strong workforce and family rental demand in the area. The asset offers a combination of stable in-place income with value-add potential, supported by newer roofs. Units feature functional layouts with durable finishes, and the property includes on-site coin-operated laundry and designated tenant parking, enhancing convenience and retention. Strategically located with easy access to Highway 1 and Highway 183, providing connectivity to Salinas, Monterey, and Santa Cruz employment hubs. Castroville continues to experience strong rental demand driven by limited housing supply and its position as a more affordable alternative to surrounding coastal markets.
Property Features
Parking
No Garage
Assigned
Cooling Information
None
Heating Information
Wall Furnace
Water Features
Public
Utilities
Natural Gas Available
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Last Updated: 2026-05-06 11:30:42
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