1801 Catalina ST, Seaside, CA 93955
- $2,090,000
- 7,632
- SqFt
Listed by Kathleen McCrystal, 831-915-6879 from Douglas Elliman of California, Inc.
(If provided) CoList: from
- List Price
- $2,090,000
- MLS#
- ML82044355
- Status
- ACTIVE
- Property Type
- Single Family Residential
- Class
- Other Residential
- City
- Seaside
- Lot Size
- 8,250
- Zip
- 93955
- Sqft. of Residence
- 7,632
- Listing Area
- Sand City
- Neighborhood
- Other
- Year
- 1988
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. Buyer agrees to cooperate with sellers 1031 Exchange.
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Additional Information
- Cooling System
- None
- Family Room
- No Family Room
- Foundation
- Concrete Perimeter and Slab
- Garage Parking
- Attached Garage, Off-Street Parking
- Garage Spaces
- 10
- Heating System
- Other
- Living Area
- 7,632
- Lot Size
- 8,250
- Neighborhood
- Sand City
- Other Utilities
- Public Utilities
- Roof
- Shingle
- Sewer
- Sewer - Public
- Unincorporated Yn
- Yes
- Water
- Public
- Zoning
- MU-P
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