1090 Elm Avenue

Seaside, CA 93955

$580,000
Last Sold Price
Beds
972 Sq. Ft.
$597 / Sq. Ft.
972
Sq. Ft.
$597
per Sq. Ft.

Description

MAJOR price reduction! Here's a great opportunity to add to your investment portfolio or if you're looking for a property where you can live on one side and rent the other. Needs some TLC but good bones. Property is being sold as-is and Sellers wants to do no repairs. Both units are 1 bedroom one bath but Unit A has converted the garage to make a second bedroom. Unit A also has an attached laundry room. Unit A tenant has been here for 8+ years, Unit B tenant has been here 20+ years. The property...MAJOR price reduction! Here's a great opportunity to add to your investment portfolio or if you're looking for a property where you can live on one side and rent the other. Needs some TLC but good bones. Property is being sold as-is and Sellers wants to do no repairs. Both units are 1 bedroom one bath but Unit A has converted the garage to make a second bedroom. Unit A also has an attached laundry room. Unit A tenant has been here for 8+ years, Unit B tenant has been here 20+ years. The property has a huge backyard with so many options for use. Close to shopping and has a peek of a bay view.
  1. Listed by Tom Folliard • DRE #01126658 • Berkshire Hathaway HS Real Time Realty • 831-262-9296

Property Details for 1090 Elm Avenue

MLS City Name
SEASIDE
Building Type
DUPLEX
Style
Traditional
Garage Spaces
0
Parking Spaces
1
View
Bay
Cross Street
Fremont Street

Location

Listing Courtesy of Berkshire Hathaway HS Real Time Realty, Tom Folliard, DRE #01126658

Sold By Real Brokerage Technologies, Kevin Cesario, DRE #01953086

Add your commute
LISTING UPDATED: 08/23/2023 07:43 PM

Property Details for 1090 Elm Avenue

StatusSold
MLS #ML81927323
Days on Compass71
Taxes$6,796 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeRESIDENTIAL INCOME / DUPLEX
Year Built1951
Lot Size0.13 AC / 5,800 SF
CountyMonterey County

Location

Listing Courtesy of Berkshire Hathaway HS Real Time Realty, Tom Folliard, DRE #01126658

Sold By Real Brokerage Technologies, Kevin Cesario, DRE #01953086

Add your commute

Building Information for 1090 Elm Avenue

Stories1Residences2Year Built1951Building Size-Lot Size0.13 AC / 5,800 SF

Payment Calculator

$3,732 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,165

Property Taxes

$566

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1090 Elm Avenue

Features
Room Information
  • Additional Rooms: Laundry Room
  • Kitchen: Countertop - Laminate, Hood Over Range, Oven Range - Gas
Features
  • Amenities: None
  • Communications: None
  • Energy Features: Low Flow Toilet
  • Fireplace: No
  • Flooring: Carpet, Vinyl / Linoleum
  • Laundry: Washer/Dryer - Some Units
  • Living SqFt: 972
  • Pool: No
  • Security Features: None
  • Special Features: None
Utilities
  • Cooling: None
  • Heating: Wall Furnace
  • Meters: Separate Electric, Separate Gas
  • Sewer Septic: Sewer - Public
  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Water: Public
Carport and Parking
  • Carport Min: 0
Garage
  • Garage and Parking: Off-Street Parking, On Street
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Area Text: Lower Broadway
  • Roof: Composition, Shingle
  • Subclass: Duplex
  • Year Built Source: Assessor
  • Street Number: 1090
  • Street Name: Elm
  • Street Suffix: Avenue
  • Area ID: 103
Lot / Property Details
Building Information
  • Number Of Stories: 1
  • Number of Buildings: 1
  • Structure SqFt: 972
  • Structure SqFt Source: Assessor
  • Age: 72
Development Information
  • Construction Type: Masonry, Wood
  • Ownership Type: Trust
  • Zoning Detail: Duplex
Location Information
  • City Limits: Yes
  • Incorporated: No
  • Parcel Number: 012-271-016-000
  • County Name: Monterey
  • City Name: SEASIDE
  • City Postal ID: 5392
  • Postal Code: 93955
  • Elementary School District: 438
  • High School District Text: Monterey Peninsula Unified
Lot Information
  • Foundation: Concrete Perimeter and Slab
  • Horse Property: No
  • Lot Acres: .13
  • Lot Description: Grade - Mostly Level
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
  • Yard Grounds: Back Yard
Mobile / Manufactured Information
Other Information
  • Dual Variable: No
Multi Family Information
General Information
  • Annual Tax Amount: $6,796
  • Building Unit Total: 2
  • Capitalization Rate: 3.96
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Income Includes: None
  • Vacancy Factor: 0
Income / Expense Details
  • Expense Insurance: $1,200
  • Expense Landscape: $0
  • Expense Maintenance: $1,800
  • Expense Management: $0
  • Expense Trash: $1,680
  • Expenses Other: $0
  • Expenses Utility: $1,440
  • Expenses Total: $12,916
  • Operating Expenses Include: Depreciation, Insurance, Loan - Principle & Interest, Maintenance, Maintenance - Laundry, Services - Sewer, Services - Trash Removal, Vacancy Factor
  • Gross Rent Multiplier: 16.25
  • Income Annual Gross: $36,300
  • Income Annual Rental: $36,300
  • Income Gross Scheduled: $36,300
  • Income Other: $0
Unit 1 Information
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Half Bathrooms: 0
  • Unit 1 Number of Bedrooms: 1
  • Unit 1 Rent: $1,850
Unit 2 Information
  • Unit 2 Approx Square Footage: 486
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Half Bathrooms: 0
  • Unit 2 Number of Bedrooms: 1
  • Unit 2 Rent: $1,175
Unit Type 1
  • Unit Type1 Approx SqFt: 486

Property History for 1090 Elm Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1090 Elm Avenue

Taxable ValueLand$409,983Additions$217,287Total$627,270
Tax Record2023$6,891 ($574 / month)
Home Facts
Baths2Total Finished SqFt972 SqFtAbove Grade Finished SqFt972 SqFtStories1Lot Size5,800 SqFtStyleDuplexYear Built1951CountyMONTEREYAPN012-271-016-000Fireplace TypeHas Fireplace

Schools near 1090 Elm Avenue

This home is within Monterey Peninsula Unified School District.
Rating
School
Type
Grades
Distance
Charter - K to 8
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
International School Of Monterey
CharterK to 8

Seaside Middle School
Public6 to 8

Seaside High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Berkshire Hathaway HS Real Time Realty, Tom Folliard, DRE #01126658

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.