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$ 1,850,000
Est. payment | /mo
4 Beds
5 Baths
6,000 SqFt
$ 1,850,000
Est. payment | /mo
4 Beds
5 Baths
6,000 SqFt
Key Details
Property Type Commercial
Sub Type Five or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 6,000 sqft
Price per Sqft $308
Lot Size 7,405 Sqft
MLS Listing ID ML82033217
Bedrooms 4
Full Baths 5
Property Description
1270 Ord Grove presents a compelling opportunity to acquire a well-performing multifamily asset in the heart of Seaside, offering strong in-place cash flow with clear operational and rental upside. This professionally managed property features a stabilized tenant base, consistent income history, and clean operating financials. The asset is well positioned for both long-term hold investors and value-add buyers seeking income growth through strategic optimization rather than heavy capital redevelopment. The property benefits from a strong Seaside rental market, proximity to major employment centers, coastal access, and regional amenities supporting long-term tenant demand and asset stability. 1270 Ord Grove offers the rare combination of immediate income stability and measured value-add potential, making it an ideal acquisition for investors seeking current yield with future growth in a supply-constrained coastal market.
Location
State CA
County Monterey
Area Lasalle/Ord Grove
Zoning RS-8
Interior
Heating Wall Furnace
Cooling None
1-purchase type For Sale
Exterior
Garage Common Parking Area
Utilities Available Public Utilities
Roof Type Composition
Building
Foundation Concrete Perimeter and Slab
Sewer Sewer - Public
Water Private / Mutual
Others
Restrictions None
Tax ID 011-092-003-000
Security Features None
Special Sale Not Applicable

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Listed by Audrey Wardwell of 36 North Properties
Bought with Audrey Wardwell of 36 North Properties
Bought with Audrey Wardwell of 36 North Properties
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