$1,760,000
$1,850,000
4.9%For more information regarding the value of a property, please contact us for a free consultation.
7,405 Sqft Lot
SOLD DATE : 04/24/2026
Key Details
Sold Price $1,760,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID ML82033217
Sold Date 04/24/26
HOA Y/N No
Year Built 1970
Annual Tax Amount $4,807
Lot Size 7,405 Sqft
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 699 - Not Defined
Zoning RS-8
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Exterior
Roof Type Composition
Total Parking Spaces 8
Schools
School District Other
Others
Tax ID 011092003000
Financing Cash
Special Listing Condition Standard
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Bought with Clay Lee Hong Peninsula Group Realty, Inc.
NEARBY SCHOOLS & BUSINESSES
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License ID: 02199906

