
Seaside, California 93955
This property represents a High-Potential Investment Opportunity, listed at $749,000—positioned well above the $644,939 Fair Market Value. While the property lacks immediate equity, its 6,000-square-foot lot and location within the Monterey Peninsula Unified School District provide a solid foundation for long-term value growth. With a Fair Condition Rating of 5 and dated infrastructure, the home requires strategic capital improvements to modernize its systems. This asset is best suited for Buy-and-Hold Investors or Contractors capable of executing a comprehensive renovation to maximize future rental or resale potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1348 Metz Avenue Subject | $749,000* List Price | 2 | 1 | 1,000 | $645 | - |
A 1212 Palm Avenue Sold | $749,000 | 2 | 1 | 1,124 | $666 | 0.8 mi |
B 1663 Vallejo Street Sold | $735,000 | 3 | 1 | 988 | $744 | 0.7 mi |
C 1615 Luzern Street Sold | $640,000 | 3 | 1 | 999 | $641 | 0.8 mi |
D 1675 Luxton Street Active | $749,000 List Price | 3 | 2 | 1,073 | $698 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property is 74 years old (built 1950) with no mentioned renovations to the kitchen or bathrooms. The use of a wall furnace instead of central HVAC indicates dated systems, and the age exceeds the 30-50 year threshold for properties requiring significant rehab to meet modern standards.
The 6,000-square-foot lot provides ample outdoor space and significant potential for future expansion, ADU development, or personalized landscaping.
The 1,000-square-foot interior features a cozy wood-burning fireplace and a unique dining layout, offering a solid foundation for a starter home or investment.
Situated in a desirable Seaside neighborhood within the Monterey Peninsula Unified School District, providing long-term appeal for families and commuters.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1000, other record living area = 1230.
The single-bathroom configuration and lack of a separate family room may limit the property's appeal to larger households or those seeking modern versatility.
The reliance on a wall furnace and the age of the home suggest that upgrades to central HVAC and other core systems may be necessary for modern comfort.
Located in Seaside, this 2-bedroom, 1-bathroom home offers over 1,000 square feet The residence includes a wood-burning fireplace and a wall furnace for heating. The dining area features a unique "L" shape, and the home does not have a separate family room. A one-car garage is available for parking and storage. This property is within the Monterey Peninsula Unified Elementary School District.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 30% |
| Baths | 1.0 | 2.0 | 36% |
| Square foot | 1,000 | 1,210 | 26% |
| Lot Size | 6,000 | 5,625 | 55% |
| Price | $749.0K | $810.0K | 30% |
| Price per sq ft | $749 | $697 | 68% |
| Built year | 1950 | 1957 | 19% |
| HOA | $0 | $0 | 50% |
| Days on market | 3 | 144 | 2% |
Jun 3, 2026
$749,000
Initial Listing
Sep 8, 1999
$208,000
Public Record