NOT LISTED FOR SALE

640 Francis Ave Seaside, CA 93955

8 Beds
4 Baths
3,516 Sq Ft
8,002 Sq Ft Lot Lot

Sale Details

Date Sold: October 27, 2025

Last sale price $1,390,000 $395 Per Sq Ft

1 Day on Market

About This Home

As of October 2025

Mahoney & Associates is pleased to present 640 Francis Ave, a 4-unit apartment investment in the heart of Seaside, California. The property is located between Fremont Blvd and Canyon Del Rey Blvd, in Seaside. The building consists of four (4) two-bedroom, one-bath units, leased. The ground floor, formerly a dental lab, was converted into two residential units in 2009. With its strong rental demand, desirable location, and upside potential, 640 Francis Ave represents a rare opportunity to acquire a multi-unit property in a tight Peninsula market.

Last Agent to Sell the Property

Peter Baird

Baird Partnership, Inc. License #00533485 Listed on: 09/24/2025

Co-Listed By

David Baird

Baird Partnership, Inc. License #02282077

Last Buyer's Agent

Fadi Doidri

Coldwell Banker Realty License #02052610

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • 1985

Lot Details

  • 8,002 Sq Ft Lot

Home Design

  • Quadruplex

Interior Spaces

  • 3,516 Sq Ft Home
  • 2-Story Property

Parking

  • 4 Parking Spaces
  • 4 Carport Spaces
  • Off-Street Parking

Listing and Financial Details

  • Total Actual Rent $89,340

Community Details

Overview

Building Details

  • 3 Leased Units
  • Gardener Expense $2,690
  • Insurance Expense $3,571
  • Maintenance Expense $3,000
  • Manager Expense $6,420
  • Other Expense $3,552
  • Utility Expense $1,200
  • Trash Expense $2,044
  • Operating Expense $38,294
  • Gross Income $86,660

Property Details

Home Type

Multi-Family

Year Built

1985

Lot Details

8,002 Sq Ft Lot

Listing Details

  • Zoning: RS-12
  • Subclass: Fourplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3516
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1985

Interior Features

  • Living Sq Ft: 3516
  • Stories: 2

Garage/Parking

  • Parking Spaces: 4
  • Garage Parking Features: Carport, Common Parking Area, Off-Street Parking
  • Carport Min: 4

Utilities

  • Sewer/Septic System: Sewer - Public

Lot Info

  • Lot Acres: 0.1837
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8000.00

Rental Info

  • Existing Lease Term(s): Lease(s)
  • Gross Rent Multiplier: 16.73
  • Number Of Leased: 3

Multi Family

  • Expense Insurance: 3571
  • Expense Landscape: 2690
  • Expense Maintenance: 3000
  • Expense Management: 6420
  • Expenses Other: 3552
  • Expenses Total: 38294
  • Expenses Utility: 1200
  • Expense Trash: 2044
  • Income Annual Gross: 86660.00
  • Income Annual Rental: 89340
  • Income Gross Scheduled: 89340
  • Income Includes: Lease
  • Number Of Buildings: 1
  • Operating Expenses Include: Maintenance, Miscellaneous/Other, Services - Trash Removal, Utilities - Electric, Utilities - Gas
  • Tenant Expenses: Utilities - Water
  • Vacancy Factor: 3
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
10/27/2025 10/27/25 Sold $1,390,000 -7.0% $395 / Sq Ft
09/26/2025 09/26/25 Pending -- -- --
09/24/2025 09/24/25 For Sale $1,495,000 -- $425 / Sq Ft
Source: MLSListings

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
2025 $12,428 $1,174,296 $394,046 $780,250
2024 $12,428 $1,151,271 $386,320 $764,951
2023 $12,486 $1,128,698 $378,746 $749,952
2022 $12,315 $1,106,568 $371,320 $735,248
2021 $12,138 $1,084,872 $364,040 $720,832
2020 $11,685 $1,073,749 $360,308 $713,441
2019 $12,254 $1,052,696 $353,244 $699,452
2018 $11,770 $1,032,056 $346,318 $685,738
2017 $10,911 $1,011,821 $339,528 $672,293
2016 $10,718 $991,982 $332,871 $659,111
2015 $10,567 $977,082 $327,871 $649,211
2014 $10,388 $957,943 $321,449 $636,494
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML82022719

MLSListings

APN: 011-363-004

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