$6,685,000
$314K PRICE DROP

Estimated payment $40,851/month

Total Views 17,990
8 Beds
5 Baths
4,754 Sq Ft
$1,406 Price per Sq Ft

Highlights

  • Wood Flooring
  • 5 Car Attached Garage
  • Washer and Dryer
  • Mission Hill Middle School Rated A-
  • Forced Air Heating System

About This Home

Spectacular Front Row 4 unit Apartment Building directly overlooking Seabright State Beach aka "Castle Beach." Magnificent vistas across Monterey Bay from sunrise to sunset. Located in lovely Lower Seabright positioned between the Yacht Harbor and the Beach Boardwalk. This is paradise!

Listing Agent

Dave Dawson

Bailey Properties License #01491117 Listed on: 05/07/2026

Co-Listing Agent

Dorene Dawson

Bailey Properties License #02140632

Property Details

Home Type

  • Multi-Family

Year Built

  • 1935

Parking

  • 5 Car Attached Garage

Home Design

  • Quadruplex
  • Raised Foundation
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,754 Sq Ft Home
  • 2-Story Property
  • Washer and Dryer

Flooring

  • Wood
  • Carpet
  • Tile

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Month-to-Month Lease Term

Community Details

Overview

Building Details

  • 4 Leased Units
  • Gardener Expense $2,400
  • Insurance Expense $14,417
  • Manager Expense $24,808
  • Utility Expense $1,200
  • Trash Expense $8,400
  • Operating Expense $90,758
  • Gross Income $229,033

Property Details

Home Type

Multi-Family

Year Built

1935

Lot Details

7,057 Sq Ft Lot

Parking

5

Listing Details

  • Zoning: RM - MULTIPLE RES-MEDIUM
  • Subclass: Fourplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 4754
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1935

Interior Features

  • Living Sq Ft: 4754
  • Stories: 2
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Hardwood, Tile

Exterior Features

  • Foundation: Concrete Perimeter, Raised
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 5
  • Garage Parking Features: Attached Garage

Utilities

  • Heating System: Forced Air
  • Sewer/Septic System: Sewer - Public

Lot Info

  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7057.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7057.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease, Month To Month
  • Gross Rent Multiplier: 29.19
  • Number Of Leased: 4

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expense Insurance: 14417
  • Expense Landscape: 2400
  • Expense Management: 24808
  • Expenses Total: 90758
  • Expenses Utility: 1200
  • Expense Trash: 8400
  • Income Annual Gross: 229033.00
  • Income Annual Rental: 229033
  • Income Gross Scheduled: 229033
  • Income Includes: Lease, Rents
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Insurance, Maintenance, Services - Gardener, Services - Sewer, Services - Trash Removal, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas

Map

Range of Values:

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Value Increase
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $49,715 $3,768,307 $3,062,456 $705,851
2025 $49,715 $4,289,844 $3,667,193 $622,651
2023 $13,018 $1,121,526 $659,876 $461,650
2022 $12,874 $1,099,536 $646,938 $452,598
2021 $12,609 $1,077,978 $634,254 $443,724
2020 $12,512 $1,066,924 $627,750 $439,174
2019 $12,247 $1,046,004 $615,440 $430,564
2018 $12,110 $1,025,494 $603,374 $422,120
2017 $11,957 $1,005,386 $591,544 $413,842
2016 $11,303 $985,674 $579,946 $405,728
2015 $10,887 $970,868 $571,234 $399,634
2014 $10,703 $951,850 $560,044 $391,806
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/25/2026 08/25/26 Price Changed $6,685,000 -4.5% $1,406 / Sq Ft
05/07/2026 05/07/26 For Sale $6,999,000 -- $1,472 / Sq Ft
Source: MLSListings

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Grant Deed $2,668,181 First American Title
Interfamily Deed Transfer -- Stewart Title Of California
Interfamily Deed Transfer -- Stewart Title Of California
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Stewart Title Company
Interfamily Deed Transfer -- First American Title Ins Co
Grant Deed -- First American Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Previous Owner $1,750,000 New Conventional
Previous Owner $967,500 Commercial
Previous Owner $300,000 Commercial
Source: Public Records

Source: MLSListings

MLS Number: ML82046156

MLSListings

APN: 010-292-05-000

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