$1,583,500
$1,699,999
6.9%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
2 Baths
4,358 SqFt
SOLD DATE : 06/17/2024
Key Details
Sold Price $1,583,500
Property Type Multi-Family
Sub Type Multiple Dwellings / Structures
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
Bedrooms 3
Full Baths 2
Year Built 1948
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 Lower Broadway
Zoning Comm
Interior
Heating Wall Furnace , Other
Cooling None
Flooring Carpet, Vinyl / Linoleum
Exterior
Exterior Feature Low Maintenance
Garage Common Parking Area, No Garage, Off-Street Parking, On Street
Utilities Available Public Utilities
Roof Type Rolled Composition,Tar and Gravel
Building
Lot Description Grade - Level
Foundation Concrete Perimeter and Slab
Sewer Sewer - Public
Water Private / Mutual
Others
Tax ID 012-182-009-00
Security Features None
Horse Property No
Special Listing Condition Not Applicable
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Bought with Monterey Peninsula Home Team • KW Coastal Estates