
Seaside, California 93955
This property presents a High-Potential Investment Opportunity with a List Price of $659,000—positioned well above the $573,476 Fair Market Value by -14%. While the current list price exceeds the estimated value, the 5,588 sq. ft. lot and attached garage provide significant upside for expansion or ADU development. With a Condition Rating of 5, the home requires substantial renovation to modernize its 1955 infrastructure. This asset is best suited for Buy-and-Hold Investors or Contractors capable of executing a value-add strategy.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1189 Phoenix Avenue Subject 3 bd · 1 ba · 1,072 sqft · $596 | $629,000* List Price | 3 | 1 | 1,072 | $596 | - |
A 1348 Metz Avenue Sold 2 bd · 1 ba · 1,000 sqft · $739 · 0.5 mi | $739,000 | 2 | 1 | 1,000 | $739 | 0.5 mi |
B 1212 Palm Avenue Sold 2 bd · 1 ba · 1,124 sqft · $666 · 0.4 mi | $749,000 | 2 | 1 | 1,124 | $666 | 0.4 mi |
C 1300 Ord Grove Avenue Sold 3 bd · 1 ba · 1,070 sqft · $477 · 0.4 mi | $510,000 | 3 | 1 | 1,070 | $477 | 0.4 mi |
D 1238 Hamilton Avenue Sold 2 bd · 1 ba · 768 sqft · $658 · 0.6 mi | $505,000 | 2 | 1 | 768 | $658 | 0.6 mi |
E 1153 Mono Court Sold 3 bd · 2 ba · 1,056 sqft · $710 · 0.8 mi | $750,000 | 3 | 2 | 1,056 | $710 | 0.8 mi |
F 1125 Kimball Avenue Sold 2 bd · 1 ba · 1,124 sqft · $668 · 0.9 mi | $751,000 | 2 | 1 | 1,124 | $668 | 0.9 mi |
G 1688 Harding Active 3 bd · 2 ba · 1,197 sqft · $668 · 0.4 mi | $799,995 List Price | 3 | 2 | 1,197 | $668 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1955 (71 years old) with no mentioned renovations, falling into the >30-year category requiring rehab. The exterior shows visible deferred maintenance including peeling paint and dated siding. Marketed as an investment or starter home, suggesting original or highly dated kitchen, baths, and systems that need significant updating.
The generous 5,588 sq. ft. lot and attached garage provide significant opportunity for future square footage expansion or the addition of an ADU, increasing long-term value.
Situated in a convenient Seaside neighborhood, the property offers excellent proximity to local schools, shopping centers, and public transportation hubs.
Positioned as an accessible starter home or investment opportunity, this property offers a competitive price point for the Monterey Peninsula real estate market.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 3.
With only one bathroom serving the residence, the layout may be restrictive for growing families or those accustomed to modern multi-bath standards.
Built in 1955, the home likely requires updates to its core systems and cosmetic finishes to meet contemporary buyer expectations and energy efficiency standards.
An affordable 3-bedroom, 1-bath, 1,072 sq ft starter home or investment property, in a nice Seaside location close to shopping, transportation and schools. Attached garage and a large lot to accommodate expansion! Property has been a rental for many years and is being sold in its current and "as is" condition.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,072 | 1,193.241 |
| Lot Size | 5,588 | 5,004.276 |
| Price | $629.0K | $793.1K |
| Price per sq ft | $587 | $667 |
| Built year | 1955 | 1961 |
| HOA | $0 | $268 |
| Days on market | 32 | 52 |
Sep 25, 2026
$629,000
$659,000
-5% Price Drop
Initial Listing
Sep 22, 2026
$659,000
Initial Listing