Seaside, CA 93955,1501 Terrace ST
Seaside, CA 93955,1501 Terrace ST
Seaside, CA 93955,1501 Terrace ST
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Listed by Gerald W Guay Compass
$799,000
Est. payment /mo
4 Beds
1,056 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,056 sqft

Price per Sqft $756

Subdivision Sunshine Park

MLS Listing ID 425061050

Style Ranch

Bedrooms 4

HOA Y/N No

Year Built 1953

Lot Size 6,625 Sqft

Acres 0.1521

Property Sub-Type Duplex

Property Description

Exemplary Seaside ranch style duplex in the sought after Sunshine Park enclave elevated and adjacent to single family homes. The generous 6,625sqft thoughtfully landscaped corner lot provides exquisitely grand curb appeal with copious outdoor living space on all four sides providing multidirectional natural light flow throughout the day. Beautifully maintained with all new exterior finishes and newly installed sewar lateral. Partial ocean views from the rear elevation. Excellent rents with strong long-term tenants producing approximately a 5-6% cap rate (buyer to confirm actual CAP) with room to grow, ready to simply close and cashflow for many maintenance free years to come. Also perfect for owner user with additional income stream or multi-gen family compound. Includes RV Parking access with a total of 5 off street parking spaces. Convenient to beach access, shopping, dining and freeway access.

Location

State CA

County Monterey

Area Lower Broadway

Interior

Heating Wall Furnace

Flooring Carpet, Simulated Wood, Tile, Vinyl

Fireplace No

Window Features Dual Pane Partial

Appliance Free-Standing Gas Oven, Free-Standing Gas Range, Gas Water Heater

Laundry In Unit

Exterior

Utilities Available Cable Available, City, Natural Gas Connected, Sewer Available

View Water

Roof Type Composition

Total Parking Spaces 5

Building

Lot Description Corner Lot, Curbs/Gutters, Garden

Story 1

Sewer Public Sewer

Water Public

Architectural Style Ranch

New Construction No

Others

Tax ID 012183014000

Acceptable Financing Conventional

Listing Terms Conventional


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