Bought with Iris Husic • Monarch Realty, Inc
$5,400,000
$5,500,000
1.8%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
3 Baths
10,500 SqFt
SOLD DATE : 08/21/2025
Key Details
Sold Price $5,400,000
Property Type Commercial
Sub Type Five or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 10,500 sqft
Price per Sqft $514
MLS Listing ID ML81992872
Sold Date 08/21/25
Bedrooms 3
Full Baths 3
Year Built 1961
Lot Size 0.470 Acres
Property Sub-Type Five or More Units
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 Lower Broadway
Zoning RH
Interior
Heating Wall Furnace
Cooling None
Exterior
Parking Features Off-Street Parking
Utilities Available Public Utilities
Roof Type Tar and Gravel
Building
Foundation Raised
Sewer Sewer - Public
Water Public
Others
Restrictions None
Tax ID 012-072-042-000
Security Features None
Special Listing Condition Not Applicable
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