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Key Details
Sold Price $1,583,500
Property Type Multi-Family
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 4,358 sqft
Price per Sqft $363
MLS Listing ID ML81956688
Sold Date 06/17/24
HOA Y/N No
Year Built 1948
Annual Tax Amount $18,000
Lot Size 0.290 Acres
Property Description
5 unit apartment complex consisting of individual living structures with a commercial building out front, currently a salon. Great opportunity for purchase and hold and wait for water for redevelopment. Two units were recently renovated, new projected annual rent is over $116,000. Property is located in the heart of Seaside's downtown area just across from the Post Office and less than a block from Fremont St. Three of the five residential tenants are month to month. A buyer should check with the City of Seaside to see what potential redevelopment options once the City is allocated water. Please drive by but do not pull into the parking lot. Parking is for tenants only. Do not disturb tenants. Also listed as ML81956678
Location
State CA
County Monterey
Area 699 - Not Defined
Zoning Comm
Interior
Heating Wall Furnace
Cooling None
Flooring Carpet
Fireplace No
Exterior
Garage Off Street
View Y/N No
Roof Type Tar/Gravel
Accessibility None
Total Parking Spaces 6
Building
Lot Description Level
Sewer Public Sewer
Schools
School District Other
Others
Tax ID 01218200900
Financing Cash
Special Listing Condition Standard
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Bought with Monterey Peninsul... • KW Coastal Estates
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