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Darin Franzen

[email protected] +1(408) 316-7344

Listed by Adam S. Levin • Marcus & Millichap

$ 2,160,000

Est. payment -/mo

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Active

1286 La Jolla AVE Seaside, CA 93955

4,368 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 4,368 sqft

Price per Sqft $494

MLS Listing ID ML82029309

Year Built 1956

Lot Size 6,862 Sqft

Property Sub-Type Five or More Units

Property Description

Immediate upside with the ability for new ownership to increase rents on day one, 1286 La Jolla Ave is an exceptional 8-unit apartment community in the coastal city of Seaside, CA. Situated on a parcel of land totaling 6,862 square feet, the subject property was originally constructed in 1956 and features a gross building area of approximately 4,368 square feet, offering tenants 100% beautifully designed one-bedroom floor plans. The City of Seaside is centrally located between the bustling city of Monterey and California State University Monterey Bay. The Monterey Bay area is home to a diverse employer base spanning education, tourism, healthcare, and agriculture, including Montage Health, CSU Monterey Bay, Monterey Bay Aquarium, and CTB-McGraw Hill, among others. Residents also enjoy convenient access to major transportation routes, including California State Route 1, California State Route 218, U.S. 101, and California State Route 68. The investment appeal of this asset is driven by Seaside's prime coastal location. With a world-class location in the heart of Monterey County, 1286 La Jolla Ave presents an attractive opportunity for investors due to its close proximity to major employers, transportation corridors, shopping, dining, and entertainment options.

Location

State CA

County Monterey

Area Lasalle/Ord Grove

Interior

Heating Central Forced Air

Cooling None

Exterior

Parking Features Assigned Spaces

Utilities Available Individual Electric Meters, Individual Gas Meters

Roof Type Composition

Building

Foundation Concrete Slab

Sewer Sewer - Public

Water Public

Others

Restrictions None

Tax ID 011-091-008-000

Security Features None

Special Listing Condition Not Applicable

NEARBY SCHOOLS & PROPERTIES

SCHOOLSPROPERTIES

Elementary Schools 13

7

Bay View Academy

Public | KG - 8
7

International School of Monterey

Public | KG - 8
7

George C. Marshall Elementary School

Public | KG - 5
6

La Mesa Elementary School

Public | KG - 5
6

Del Rey Woods Elementary School

Public | KG - 5
5

Foothill Elementary School

Public | KG - 5
3

Ord Terrace Elementary School

Public | KG - 5
2

Highland Elementary School

Public | KG - 5
1

Martin Luther King

Public | KG - 5
0

Santa Catalina School

Private | PK - 12
0

Peninsula Adventist School

Private | 2 - 8
0

Monterey Bay Christian School

Private | KG - 8
0

Chartwell School

Private | 2 - 12

Middle Schools 3

1

Seaside Middle School

Public | 6 - 8
0

York School

Private | 8 - 12
0

Monterey Peninsula Unified School District Community Day Middle School

Public | 6 - 8

High Schools 3

4

Seaside High School

Public | 9 - 12
0

Central Coast High School

Public | 9 - 12
0

Monterey Peninsula Unified School District Community Day High School

Public | 9 - 12

School and business data provided by Attom Data.

Darin Franzen

Agent | License ID: 02120146

+1(408) 316-7344

Darin Franzen

1286 La Jolla AVE Seaside, CA 93955

Key Details

Location

Interior

Exterior

Building

Others

NEARBY SCHOOLS & PROPERTIES

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1286 La Jolla AVE