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1287 Playa Ave, Seaside, CA 93955

$2,795,000 -$180,000 (-6.05%) Price Reduced

  • For Sale
  • Active
  • Commercial
  • 9,500 Sq. Ft.
  • 0.337 Acres
  • Updated 11 hours ago
1287 Playa Ave, Seaside, CA 93955 View this property at 1287 Playa Ave, Seaside, CA 93955
1287 Playa Ave Seaside CA 93955

Property Description

Rarely available Monterey Peninsula larger apartment complex. 1283 & 1287 Playa Avenue consisting of two buildings on two parcels consisting. 13 one bed units & 2 two bed / one bath units in two buildings-some with ocean views. 8+ units have been renovated. Well located near schools, shopping, and employment. Tenants like the location which is close to Costco, SavMart, Target, and neighborhood stores - which are a short walk and no need for second car. Owner has replaced sewer lines, upgraded electrical, upgraded some water supply lines, replaced 80% of windows, upgraded or remodeled most bathrooms, decks have been rebuilt. Kitchens have been upgraded - gas stoves, flooring. All units have own tenant paid gas water heater. Laminate
flooring in some units. Electrical has been upgraded. Most units have below market rents. Most recent one bedroom rental $1200 in July 2016. Two bedrooms are very long term tenants at $1500 per unit.

Full Property Details for 1287 Playa Ave

  • Price: $2,795,000
  • Status: Active
  • Type: Commercial
  • MLS ID: 81628814
  • Updated: 1/17/2017
  • Added: 92 day(s) ago

Property History

  • 1287 Playa Ave, Seaside, CA
  • Reduced to $2,795,000 on 1/12/17
  • Listed at $2,975,000 on 10/18/16


  • Flooring: Carpet, Laminate, Tile, Vinyl/Linoleum


Other Rooms

  • Kitchen: Gas Cooktop, Formica Countertop, Tile Countertop, Built-In Oven/Range , Refrigerator(s)
  • Laundry: Coin-Operated, Washer/Dryer

Additional Information

  • Security/Safety: Security Lights


  • Parking Features: Uncovered Parking


  • Area: LaSalle/Ord Grove
  • County: Monterey
  • Cross Streets: Fremont Street

Heating & Cooling

  • Cooling Type: None


  • Sewer: Sewer Connected
  • Water: Water on Site
  • Telecomm.: None
  • Utility Description: Individual Electric Meters, Individual Gas Meters
  • Metering: Master Electric, Master Gas, Master Water, Separate Electric, Separate Gas

Structural Information

  • Construction: Wood Frame
  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Disability Access: None
  • Square Feet: 9,500
  • Year Built: 1969

Unit Information

Unit 1

  • Bedrooms: 1

Unit 2

  • Bedrooms: 2

Lot Features

  • Lot Size (Acres): 0.337
  • Minimum Lot Size: 14690
  • Building Sites: 2
  • Zoning: R-3
  • Lot Description: Mostly Level

Disclosures and Reports

  • Restrictions: None

Listed by Albers Real Estate Investment Company, Hap Albers

See This Property

Or call us at (800) 432 - 6374

Estimate the Cost

1287 Playa Ave will cost you if you:

  • Buy it at list price: $
  • Put down a % down payment : $
  • Pay at a interest rate over

  • Pay $ per year in insurance and $ per year in property taxes.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

In the Community

Nearby Schools

1287 Playa Ave, Seaside, CA 93955 (MLS# 81628814) is a Commercial property. 1287 Playa Ave is currently listed for $2,795,000 and was received on October 18, 2016. Want to learn more about 1287 Playa Ave? Do you have questions about finding other Commercial real estate for sale in Seaside? You can browse all Seaside real estate or contact a Coldwell Banker agent to request more information.

Listed by Albers Real Estate Investment Company, Hap Albers

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