987 Harcourt Ave - Multi-Family FOR SALE


Seaside, CA 93955- Terrace
$1,995,000 USD
831-320-7116
987 Harcourt Ave, Seaside, CA for Sale
$1,995,000 USD
Multi-Family - FOR SALE
1/45
null | Request Cap Rate

987 Harcourt Ave
Seaside, CA 93955
Terrace


HIGHLIGHTS

  • Exceptional investment opportunity at $13,025/month in rent, this well-maintained fourplex delivers income performance comparable to a commercial asse
  • The property features two spacious 3-bedroom, 1.5-bath units, one unit currently configured as a 1-bedroom with approved plans to convert to a 2-bedro

OVERVIEW

Exceptional investment opportunity at $13,025/month in rent, this well-maintained fourplex delivers income performance comparable to a commercial asset while benefiting from the flexibility of residential financing and streamlined management. The property features two spacious 3-bedroom, 1.5-bath units, one unit currently configured as a 1-bedroom with approved plans to convert to a 2-bedroom, 2-bath (offering excellent value-add potential), and an additional 1-bedroom, 1-bath unit. Notably, two of the units were newly constructed in 2025, providing modern finishes and minimizing near-term maintenance needs. Each unit is equipped with in-unit laundry, enhancing tenant appeal and supporting strong retention. Recent capital improvements include a new electrical panel, upgraded main service, new water main, and a newly completed driveway with six off-street parking spaces.

FOR SALE DETAILS

PRICE

$1,995,000 USD

PRICE/SF

$591 USD /SF

# OF UNITS

4

PRICE/UNIT

$498,750

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Exceptional investment opportunity at $13,025

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

012-361-024-000

ASK ABOUT THIS PROPERTY

Audrey Wardwell36 North Property ManagementMore Info
831-320-7116

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Audrey Wardwell36 North Property ManagementMore Info
831-320-7116

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.