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    620 Broadway Avenue

    Outside Area (Inside Ca), CA 93955
    • $1,850,000
    • STATUS: Active Under Contract
    • ON SITE: 117 days
    • ID#: ML81825031
    Under Contract
    UPDATED: 27 min ago
    $1,850,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,506
      SQFT
    • $284
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1987
    County:

    School Ratings & Info

    Description

    This unique property offers the Purchaser an opportunity to own one of the few mixed-use buildings along Broadway Ave. in Seaside, CA. Property received significant exterior upgrades in 2019 including new paint, floor, staircase and deck sealant/water proofing, landscaping. Interior upgrades to ground floor common area restroom, new kitchen in Apt B; Apt D renovated throughout.Broadway Ave., a major retail corridor recently underwent an extensive refresh that included: reducing traffic from four lanes to two, expanding the sidewalks, and installing extensive landscaping in order to promote a pedestrian friendly, downtown commercial district resulting in millions of dollars of new private investment. Under the West Broadway Urban Village specific plan this section of Seaside is now the City's central commercial district. The subject property consists of two ground-floor commercial spaces, with four distinct second story apartments, each being one bedroom with one bath.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-06T14:37:43.627. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Alvarado Brothers | Ever Stewart Alvarado Broker. Licensed in the State of California, USA.
    www.thealvaradobrothers.com/homes/113119201
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    620 Broadway Avenue Outside Area (Inside Ca), CA 93955

    • Price: $1,850,000
    • Status: Active Under Contract
    • Updated: 27 min ago
    • ID#: ML81825031
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    6,506
    SQFT
    $284
    $/SQFT
    1987
    Built
    Neighborhood:
    699 - Not Defined
    County:
    Monterey
    Area:
    699 - Not Defined
    Property Description
    This unique property offers the Purchaser an opportunity to own one of the few mixed-use buildings along Broadway Ave. in Seaside, CA. Property received significant exterior upgrades in 2019 including new paint, floor, staircase and deck sealant/water proofing, landscaping. Interior upgrades to ground floor common area restroom, new kitchen in Apt B; Apt D renovated throughout.Broadway Ave., a major retail corridor recently underwent an extensive refresh that included: reducing traffic from four lanes to two, expanding the sidewalks, and installing extensive landscaping in order to promote a pedestrian friendly, downtown commercial district resulting in millions of dollars of new private investment. Under the West Broadway Urban Village specific plan this section of Seaside is now the City's central commercial district. The subject property consists of two ground-floor commercial spaces, with four distinct second story apartments, each being one bedroom with one bath.
    Exterior Features

    Carport Spaces 3 Carport YN Yes Foundation Details Slab Lot Features Back Yard Parking Features Attached CarportAssignedCoveredCarportOn SiteOff StreetOn Street Parking Total 6 Roof Flat

    Interior Features

    Accessibility Features Parking Cooling None Cooling YN No Heating Wall Furnace Heating YN Yes

    Property Features

    Cap Rate 4.07 Garage YN Yes Gross Scheduled Income 122400 Insurance Expense 2500 Listing Agreement Exclusive Right To Sell Maintenance Expense 3672 Security Features Security Lights Special Listing Conditions Standard Trash Expense 0 Zoning Wbuv

    Listing provided courtesy of James Kendall of Baird Partnership, Inc.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-06T14:37:43.627. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Alvarado Brothers | Ever Stewart Alvarado Broker. Licensed in the State of California, USA.
     
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