1238 Hamilton Avenue, Seaside, California 93955, Seaside, 93955 - 2 bed, 1 bath
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1238 Hamilton Avenue
Seaside, California 93955
ACTIVE UNDER CONTRACT
CONDITION: POOR
2Beds
1Baths
768Sq Ft
5,000Lot Size
Property Price
LIST PRICE$499,000
EST. MARKET VALUE
$509,256
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $499,000—positioned well below the $509,256 Fair Market Value by 2%. This valuation gap offers $10,256 in Instant Equity for buyers. Featuring a Condition Rating of 5, the home requires a full gut rehabilitation, making it a blank canvas for value-add projects. The 5,000-square-foot lot provides significant upside for expansion. This is an ideal acquisition for Fix-and-Flip Investors or Contractors seeking a project in the Seaside market.
Estimated Market Value
$509,256
Based on Realkey algorithm analyzing recent comparable sales in Seaside.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1238 Hamilton Avenue Subject | $499,000* List Price | 2 | 1 | 768 | $663 | - |
A 684 Dias Street Sold | $630,000 | 2 | 1 | 787 | $801 | 0.8 mi |
B 1300 Ord Grove Avenue Sold | $510,000 | 3 | 1 | 1,070 | $477 | 1.0 mi |
C 400 Sonoma Avenue Active | $525,000 List Price | 1 | 1 | 686 | $765 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1930 and marketed as a 'blank canvas' for a 'fix and flip' or 'sweat equity' project, this property likely requires a full gut rehabilitation. Given the age and description, the kitchen, bathroom, and core systems (HVAC/Electric) are either non-functional or severely outdated, meeting the criteria for a property with significant rehab needs.
PROSSTRENGTHS & OPPORTUNITIES
- Investment Potential
Priced under $500,000, this property offers significant 'sweat equity' potential for investors or DIY buyers looking for a fix-and-flip or a long-term value-add project.
- Generous Lot Size
The 5,000-square-foot lot is described as a 'clean blank canvas,' providing ample space for landscaping, outdoor living, or potential future expansion in a desirable coastal area.
- Market Accessibility
As a rare entry-level listing in the Seaside market, this home provides an affordable path to homeownership with lower monthly payments compared to surrounding inventory.
CONSRISKS & DEFICIENCIES
- Extensive Renovation Required
The 1930s structure is marketed as a 'blank canvas,' implying it requires substantial capital investment and repairs to bring it up to modern living standards.
- Limited Living Space
With only 768 square feet of living space, the compact 2-bedroom, 1-bath layout may be too restrictive for many modern buyers or those requiring more functional interior room.
About 1238 Hamilton Avenue
Great opportunity for investment and build some sweat equity in this blank canvass home, that is great for that buyer that is looking for a fix and flip or fix and stay and keep your payments low with today's prices,2 bedrooms and 1 bath are featured and a well cleaned up lot that is truly a blank canvass... don't miss this great opportunity that rarely come up in today's market.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1930
- Lot Size
- 5,000 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 768 | 1,191 |
| Lot Size | 5,000 | 5,005.167 |
| Price | $499.0K | $810.8K |
| Price per sq ft | $650 | $671 |
| Built year | 1930 | 1959 |
| HOA | $0 | $264 |
| Days on market | 8 | 51 |
Pricing History
Listed for Sale
Sep 1, 2026
$499,000
Initial Listing
Sold
Aug 4, 2006
$550,000
Public Record
Sold
Aug 12, 1998
$130,000
Public Record