$1,099,000
PENDING

555 Trinity Ave Seaside, CA 93955

Estimated payment $6,955/month

Total Views 4,460
5 Beds
3 Baths
1,873 Sq Ft
$587 Price per Sq Ft

Highlights

  • Carpet
  • Monterey High School Rated A
  • 5-minute walk to Laguna Grande Regional Park

About This Home

Investor opportunity in a prime Seaside location! This property features three income-generating units sited on a 7,500 SF lot: a front house with 3 bedrooms, 1 bath, and indoor laundry, plus two additional 1-bedroom units in a detached duplex behind. While the property is in as-is condition and ready for improvements, its currently producing strong rental income, making it an excellent choice for investors looking to add value and maximize returns. Situated in a desirable neighborhood, its close to beaches, shops, and restaurants.

Listing Agent

Stuart Shankle

Sotheby’s International Realty License #70010260 Listed on: 07/31/2025

Co-Listing Agent

Dee Shankle

Sotheby’s International Realty License #02212067

Property Details

Home Type

  • Multi-Family

Year Built

  • 1948

Home Design

  • 1,873 Sq Ft Home
  • Triplex
  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Flooring

  • Carpet
  • Laminate

Parking

  • 3 Parking Spaces
  • 2 Carport Spaces
  • On-Street Parking
  • Off-Street Parking

Utilities

  • Wall Furnace
  • Individual Gas Meter

Additional Features

  • Oven or Range
  • Washer and Dryer Hookup
  • 7,501 Sq Ft Lot

Listing and Financial Details

Community Details

Overview

  • 1,873 Sq Ft Building

Building Details

  • 3 Leased Units
  • Insurance Expense $5,444
  • Maintenance Expense $2,400
  • Manager Expense $5,274
  • Utility Expense $7,650
  • Operating Expense $24,630
  • Gross Income $66,390

Property Details

Home Type

Multi-Family

Year Built

1948

Lot Details

0

Listing Details

  • Zoning: Multi Family
  • Subclass: Triplex
  • Age: 77
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1873
  • Special Features: UnderContract
  • Property Sub Type: MultiFamily
  • Year Built: 1948

Interior Features

  • Kitchen: Oven Range
  • Living Sq Ft: 1873
  • Laundry: Hookups Only
  • Flooring: Carpet, Laminate

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition, Shingle

Garage/Parking

  • Parking Spaces: 3
  • Garage Parking Features: Carport, Off-Street Parking, On Street
  • Carport Min: 2

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer Connected

Schools

  • School District: Monterey Peninsula Unified

Lot Info

  • Lot Acres: 0.1722
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7500.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7500.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 16.55
  • Number Of Leased: 3

Multi Family

  • Utilities: Individual Gas Meters, Natural Gas, Public Utilities
  • Expense Insurance: 5444
  • Expense Maintenance: 2400
  • Expense Management: 5274
  • Expenses Total: 24630
  • Expenses Utility: 7650
  • Income Annual Gross: 66390.00
  • Income Annual Rental: 66390
  • Income Gross Scheduled: 66390
  • Income Includes: Rents
  • Meters: Master Electric, Separate Gas, Separate Water
  • Number Of Buildings: 2
  • Operating Expenses Include: Fee - Property Management, Fee - Property Tax, Services - Sewer, Utilities - Electric, Utilities - Water
  • Tenant Expenses: Services - Trash Removal, Utilities - Gas, Utilities - Water

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2025 09/08/25 Pending -- -- --
07/31/2025 07/31/25 For Sale $1,099,000 -- $587 / Sq Ft
Source: MLSListings

Source: MLSListings

MLS Number: ML82016488

MLSListings

APN: 011-343-024

California Monterey County Seaside 93955

555 Trinity Ave, Seaside, CA

This home is located at 555 Trinity Ave, Seaside, CA 93955 and is currently priced at $1,099,000, approximately $586 per square foot. This property was built in 1948. 555 Trinity Ave is a home located in Monterey County with nearby schools including Del Rey Woods Elementary School, Monte Vista Elementary School, and Monterey High School.

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Listing Agent
Stuart Shankle
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Sotheby’s International Realty
(831) 713-2851