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$ 5,400,000
$ 5,500,000 1.8%
Est. payment | /mo
$ 5,400,000
$ 5,500,000 1.8%
Est. payment | /mo
Key Details
Sold Price $5,400,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID ML81992872
Sold Date 08/21/25
HOA Y/N No
Year Built 1961
Annual Tax Amount $44,780
Property Description
This fantastic 20-unit multifamily property offers a great investment opportunity in the rapidly growing Seaside market. The building features a mix of (2) 2-bedroom, 1-bath apartments, (16) 1-bedroom, 1-bath units, and (2) studio apartments, catering to a wide range of renters. Residents can enjoy convenient on-site coin-operated laundry, a spacious courtyard, and off-street parking. The property is ideally located amidst ongoing development and commerce, making it a prime spot for future growth. Whether you're looking to expand your portfolio or get into the booming Seaside market, this property is a must-see!
Location
State CA
County Monterey
Area 699 - Not Defined
Zoning RH
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Exterior
Roof Type Tar/Gravel
Total Parking Spaces 20
Building
Water Public
Schools
School District Other
Others
Tax ID 012072042000
Financing Conventional
Special Listing Condition Standard
Listed by The C Group Real Brokerage Technologies
Bought with Iris Husic
Bought with Iris Husic
22502 Avenida Empresa, Rancho Santa Margarita, California, 92688, USA
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