608 North Sanborn Road

Listed By Sotheby's International Realty
Listed By Sotheby's International Realty
Gallery Image 1
Gallery Image 2
Gallery Image 3
Gallery Image 4
Gallery Image 5
Gallery Image 6
Gallery Image 7
Gallery Image 8
Gallery Image 9
Gallery Image 10
Gallery Image 11
Gallery Image 12
$3,995,000
17,306 sqft$231/sqft
608 N Sanborn Rd, Salinas, CA 93905
Est: $23,968/moGet pre-approved

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...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.
LISTING UPDATED: 08/20/2026 09:58 AM

Listing Agent

  1. Chris Barre

    Chris Barre

    Listing Agent

    Sotheby’s International Realty

    DRE #01305789

    P: (831) 484-4298

    CallText

Property Details for 608 North Sanborn Road

Status
Active
MLS #
ML82058355
Days on Compass
6
Taxes
$43,945 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
Multi Family 5+
MLS Type
5+ Units / Five or More Units
Year Built
1974
Lot Size
0.66 AC / 28,800 SF
County
Monterey County
MLS City Name
SALINAS
Building Type
Other
Garage Spaces
0
Parking Spaces
13
Cross Street
E. Laurel Dr.

Location

Listing Courtesy of Sotheby’s International Realty, Chris Barre, DRE #01305789
Add your commute

Building Information for 608 North Sanborn Road

Stories-Residences-Year Built1974Building Size-Lot Size0.66 AC / 28,800 SF

Payment Calculator

Get preapproved with
OriginPoint Mortgage or Rocket Mortgage1

$23,968 per month

30 year fixed, 6.55% Interest

Principal and Interest

$20,306

Property Taxes

$3,662

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 608 North Sanborn Road

Features
Room Information
  • Kitchen: Cooktop - Electric, Countertop - Formica, Hood Over Range
Features
  • Fireplace: No
  • Flooring: Carpet, Vinyl / Linoleum
  • Laundry: Coin Operated
  • Living SqFt: 17306
  • Pool: No
  • Security Features: Security Lights
  • Special Features: None
Utilities
  • Cooling: None
  • Heating: Wall Furnace
  • Meters: Master Water, Separate Electric, Separate Gas
  • Sewer Septic: Sewer - Public
  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Water: Public
Carport and Parking
  • Carport Min: 23
Garage
  • Garage and Parking: Assigned Spaces, Covered Parking, No Garage, Unassigned Spaces, Uncovered Parking
Property Details
Homeowners Association
  • HOA Amenities: None
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Min Num Of Units in Complex: 22
  • Area Text: ES-68
  • Restrictions: None
  • Roof: Composition
  • Subclass: Five or More Units
  • Year Built Source: Assessor
  • Street Number: 608
  • Street Name: Sanborn
  • Street Direction Prefix: North
  • Street Suffix: Road
  • Area ID: 68
Lot / Property Details
Building Information
  • Number of Buildings: 6
  • Structure SqFt: 17306
  • Structure SqFt Source: Assessor
  • Age: 52
Development Information
  • Construction Type: Wood Frame
  • Ownership Type: Trust
  • Zoning Detail: R-H
Location Information
  • City Limits: Yes
  • Parcel Number: 004-222-062-000
  • County Name: Monterey
  • City Name: SALINAS
  • City Postal ID: 5389
  • Postal Code: 93905
  • Elementary School District: 430
  • High School District Text: Salinas Union High
Lot Information
  • Foundation: Concrete Slab
  • Lot Acres: .66
  • Lot Description: Grade - Level
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
  • Yard Grounds: Low Maintenance
Multi Family Information
Building Information
  • No Of Leased: 22
General Information
  • Annual Tax Amount: $43,945
  • Capitalization Rate: 3.85
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Heating
  • Income Includes: Laundry, Rents
  • Vacancy Factor: 1
Income / Expense Details
  • Expense Insurance: $24,151
  • Expense Landscape: $0
  • Expense Maintenance: $30,308
  • Expense Management: $15,600
  • Expense Trash: $25,000
  • Expenses Other: $4,733
  • Expenses Utility: $48,841
  • Expenses Total: $192,578
  • Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance, Maintenance - Capital Improvements, Maintenance - Exterminator, Maintenance - Repair, Services - On-Site Manager, Services - Sewer, Services - Trash Removal, Utilities - Electric, Utilities - Hot Water, Utilities - Water, Vacancy Factor
  • Gross Rent Multiplier: 11.42
  • Income Annual Gross: $346,239
  • Income Annual Rental: $337,128
  • Income Gross Scheduled: $349,736
  • Income Other: $12,608
Unit 1 Information
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Number of Bedrooms: 2
  • Unit 1 Rent: $1,277
Unit Type 1
  • Unit Type1 Approx SqFt: 790

Property History for 608 North Sanborn Road

DateEvent & SourcePriceAppreciation
Aug 20, 2026

Listed (Active)

EBRD #ML82058355

$3,995,000—
Aug 20, 2026

Listed (Active)

MLSListings #ML82058355

$3,995,000—
DateEvent & SourcePrice
08/20/2026

Listed (Active)

EBRD #ML82058355

$3,995,000
08/20/2026

Listed (Active)

MLSListings #ML82058355

$3,995,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 608 North Sanborn Road

Taxable ValueLand$261,203Additions$1,226,701Total$1,487,904
Tax Record2025$18,902 ($1,575 / month)
Home Facts
Baths22Total Finished SqFt17,306 SqFtAbove Grade Finished SqFt17,306 SqFtStories2Lot Size28,800 SqFtStyleMulti-Family Res (5+ Units)Year Built1974Year Renovated1974CountyMONTEREYAPN004-222-062-000

Schools near 608 North Sanborn Road

This home is within Salinas Union High School District.
Rating
School
Type
Grades
Distance
Jesse G. Sanchez Elementary School
Public - K to 6
El Sausal Middle School
Public - 7 to 8
Alisal High School
Public - 9 to 12
Carr Lake Community Day School
Public - 7 to 12
Rating
School
Distance
Jesse G. Sanchez Elementary School
PublicK to 6

El Sausal Middle School
Public7 to 8

Alisal High School
Public9 to 12

Carr Lake Community Day School
Public7 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

New listings in 93905

$599,000 | 1306 2nd Avenue, Salinas, CA 93905
1/2
New

$599,000

2
Bedrooms
1,007
Square Feet
0.15
Acres

1306 2nd Avenue, Salinas, CA 93905

$649,888 | 783 Josephine Street, Salinas, CA 93905

$649,888

2
Bedrooms
856
Square Feet
0.16
Acres

783 Josephine Street, Salinas, CA 93905

$699,000 | 85 Paloma Avenue, Salinas, CA 93905
1/41
Open: 8/27 02:30PM - 04:30PM

$699,000

4
Bedrooms
1,564
Square Feet
0.17
Acres

85 Paloma Avenue, Salinas, CA 93905

$1,099,000 | 20 South Hebbron Avenue, Salinas, CA 93905
1/19
Listed By Compass

$1,099,000

Unavailable
Bedrooms
Unavailable
Bathrooms
4,134
Square Feet
0.22
Acres

20 South Hebbron Avenue, Salinas, CA 93905

a view of a house with a yard and garage
1/31
Contingent

$685,000

3
Bedrooms
1,121
Square Feet
0.19
Acres

633 St George Drive, Salinas, CA 93905

a front view of a house with garden
1/13
ContingentVirtual Tour

$788,000

3
Bedrooms
1,529
Square Feet
0.17
Acres

6 Campania Way, Salinas, CA 93905

$339,000 | 158 Kern Street, Unit 12, Salinas, CA 93905
1/37

$339,000

2
Bedrooms
946
Square Feet

158 Kern Street, Unit 12, Salinas, CA 93905

$717,000 | 1920 Constitution Boulevard, Unit 20, Salinas, CA 93905
1/33

$717,000

3
Bedrooms
1,761
Square Feet
0.10
Acres

1920 Constitution Boulevard, Unit 20, Salinas, CA 93905

$169,000 | 150 Kern Street, Unit 33, Salinas, CA 93905
1/47
Listed By BHGREContingent

$169,000

2
Bedrooms
1,440
Square Feet
Unavailable
Acres

150 Kern Street, Unit 33, Salinas, CA 93905

Explore Nearby Homes

More information about 608 North Sanborn Road, Salinas, CA 93905

608 North Sanborn Road is for sale in Salinas, CA 93905. This property was listed for sale on August 20, 2026 by Sotheby’s International Realty, it's currently listed at $3,995,000. This listing's school districts are Salinas Union High School District, Alisal Union School District. Nearby schools include Jesse G. Sanchez Elementary School, El Sausal Middle School and Alisal High School. 608 North Sanborn Road is a 0-bed, 0-bath, 17,306 sqft built in 1974.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Sotheby’s International Realty, Chris Barre, DRE #01305789

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.