2050 Mendocino Street, Seaside, California 93955, Seaside, 93955 - 4 bed, 3 bath
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Seaside, California 93955
This Versatile Multi-Unit Property is a Strong Value Opportunity, listed at $995,000—positioned well below the $1,078,187 Fair Market Value by 7%. This valuation gap offers $83,187 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the home includes a detached studio ADU with a separate meter, perfect for rental income. With Ocean and Bay Views and a large 9,000 sqft lot, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a house-hack.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2050 Mendocino Street Subject | $995,000* List Price | 4 | 3 | 1,695 | $636 | - |
A 1960 Luzern Street Sold | $901,960 | 3 | 2 | 1,266 | $712 | 0.2 mi |
B 1809 Soto Street Sold | $860,000 | 4 | 2 | 1,410 | $610 | 0.4 mi |
C 1783 Kenneth Street Sold | $840,000 | 4 | 2 | 1,436 | $585 | 0.6 mi |
D 1976 Luzern Street Active | $1,275,000 List Price | 3 | 2 | 2,034 | $627 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Originally built in 1953, the property has been well-maintained with significant recent updates including new LVP flooring (2024), newer windows, gutters, and exterior paint. The main house features refinished cabinetry and stainless appliances, while the detached ADU provides a modern, fully functional living space. The home is move-in ready and functional, fitting the 5-15 year renovation profile.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9000, living area = 1695.
The detached studio ADU features a private entrance, full kitchen, and separate PG&E meter, providing an excellent opportunity for rental income or multi-generational living.
Extensive updates including new LVP flooring (2024), stainless appliances, newer windows, and a reinforced concrete retaining wall offer immediate move-in readiness and reduced maintenance.
The main three-bedroom residence currently only offers 1.5 bathrooms, which may be a drawback for families despite being plumbed for a future full bath conversion.
Originally built in 1953, the property may require ongoing attention to older underlying systems typical of mid-century homes that have not been fully modernized.
Perched atop Seaside's desirable sun belt hill, 2050 Mendocino offers ocean views, abundant natural light, and exceptional versatility with an updated 3BD/1.5BA main home plus detached studio ADU. The main residence features new LVP flooring (2024) preserving original hardwoods beneath, refinished cabinetry, stainless appliances, newer windows, gutters, exterior paint, and an updated half bath with plumbing for a future full bath. The detached studio ADU includes a private entrance, fenced yard, full kitchen and bath, separate PG&E meter, and dedicated water heater ideal for rental income or guests. Exterior upgrades include a reinforced concrete retaining wall, flagstone paths, drought-tolerant landscaping, and a spacious backyard framed by mature cypress trees. Enjoy multiple outdoor areas with ocean peeks and a serene setting, all just minutes to parks, trails, shopping, dining, and the coast.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 77% |
| Baths | 3.0 | 2.0 | 87% |
| Square foot | 1,695 | 1,242 | 81% |
| Lot Size | 9,000 | 5,625 | 91% |
| Price | $995.0K | $826.0K | 87% |
| Price per sq ft | $587 | $689 | 26% |
| Built year | 1953 | 1957 | 30% |
| HOA | $0 | $0 | 50% |
| Days on market | 5 | 144 | 2% |
Jun 1, 2026
$995,000
Initial Listing
Jan 17, 2020
$622,500
Public Record