1801 Catalina Street, Seaside, CA 93955
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Listed by Kathleen McCrystal • Douglas Elliman of California, Inc.
$ 2,090,000
Est. payment /mo
New

1801 Catalina Street Seaside, CA 93955

7,632 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type OTHER

Listing Status Active

Purchase Type For Sale

Square Footage 7,632 sqft

Price per Sqft $273

MLS Listing ID ML82044101

HOA Y/N No

Year Built 1988

Lot Size 8,250 Sqft

Property Sub-Type OTHER

Source Datashare MLSListings

Property Description

Welcome to the Soho of the Monterey Peninsula, an exceptionally rare investment and development opportunity in the heart of Sand City. Positioned in one of the Peninsula's most dynamic and evolving micro-markets, this property offers significant upside with city-supported potential for a six-story residential development. Preliminary discussions have included two levels of parking and four levels of residential housing, with flexibility for a blend of market-rate and affordable units. Sand City has expressed openness to creative site planning, including potential use of and acquisition of adjacent portions of the bordering dead-end streets to enhance access and circulation. Upper level units above the third floor are anticipated to capture some of the most compelling views in the area. The existing improvements include a multi-tenant commercial structure featuring five office suites, six upper-level storage units, four ground-level garage bays (one with accessory office space) and two additional storage units. Most spaces are currently leased on a month to month basis providing immediate income. This is an exceptional opportunity to reimagine and capitalize on one of the Monterey Peninsula's most promising urban corridors.

Location

State CA

County Monterey

Interior

Heating Other

Cooling No Air Conditioning

Fireplace No

Schools

School District Monterey Peninsula Unified, Monterey Peninsula Unified


Bay East Association of Realtors

Nearby School & Business

Theresa Solon

Theresa Solon

REALTOR | CA DRE# 01436657

+1(707) 334-9186

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