Property listed by Douglas Elliman of California, Inc., Kathleen McCrystal 310-595-3888
1801 Catalina Street
Seaside, CA 93955
Square Ft.
7,632
$2,090,000
Welcome to the Soho of the Monterey Peninsula, an exceptionally rare investment and development opportunity in the heart of Sand City. Positioned in one of the Peninsula's most dynamic and evolving micro-markets, this property offers significant upside with city-supported potential for a six-story residential development. Preliminary discussions have included two… Read More levels of parking and four levels of residential housing, with flexibility for a blend of market-rate and affordable units. Sand City has expressed openness to creative site planning, including potential use of and acquisition of adjacent portions of the bordering dead-end streets to enhance access and circulation. Upper level units above the third floor are anticipated to capture some of the most compelling views in the area. The existing improvements include a multi-tenant commercial structure featuring five office suites, six upper-level storage units, four ground-level garage bays (one with accessory office space) and two additional storage units. Most spaces are currently leased on a month to month basis providing immediate income. This is an exceptional opportunity to reimagine and capitalize on one of the Monterey Peninsula's most promising urban corridors. Buyer agrees to cooperate with sellers 1031 Exchange. Read Less
Listing Snapshot
Days Online
34
Last Updated
Square Ft.
7,632
Lot Size
0.19 Acres
Year Built
1988
MLS Number
ML82044355
Additional Details
Building
Built in 1988, Living area: 7632.0
Cooling
None
Accessibility Features
None
Garage
10 spaces
Lot
0.1894 acres
Parking
10 total parking spaces, OffStreet
Roof
Shingle
Sewer
PublicSewer
Taxes
Parcel Number: 011177029000, Zoning: MU-P
Utilities
Water Source: Public
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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