987 Harcourt AVE, Seaside, CA 93955
987 Harcourt AVE, Seaside, CA 93955
987 Harcourt AVE, Seaside, CA 93955
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Listed by Audrey Wardwell • 36 North Properties, DRE#01746254
$1,895,000
Est. payment /mo
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8 Beds
6 Baths
3,375 SqFt
Price Dropped by $100K

987 Harcourt AVE Seaside, CA 93955

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The Ruiz Group Real Estate

The Ruiz Group Real Estate

+1(831) 877-2057

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Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,375 sqft

Price per Sqft $561

MLS Listing ID ML82041454

Bedrooms 8

Full Baths 5

Half Baths 2

Year Built 2025

Lot Size 7,078 Sqft

Property Sub-Type Fourplex

Property Description

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.

Location

State CA

County Monterey

Area Lower Broadway

Zoning RMD

Interior

Heating Other

Cooling None

Exterior

Parking Features Uncovered Parking

Utilities Available Individual Electric Meters, Individual Gas Meters, Public Utilities

Roof Type Composition

Building

Story 1

Foundation Concrete Perimeter and Slab

Sewer Sewer - Public

Water Public

Level or Stories 1

Others

Tax ID 012-361-024-000

Security Features None

Horse Property No

Special Listing Condition Not Applicable


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The Ruiz Group Real Estate

The Ruiz Group Real Estate

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987 Harcourt AVE