1198 La Salle AveSeaside, CA 93955
- Residential income properties
- 718 SF
For Sale
$1,600,000
View listing
Property Details for 1198 La Salle Ave
- Year built
- 1933
- Construction
- WOOD
- Lot size
- 0.59 AC
- Property size (Sq ft)
- 718 SF
- Property type
- Residential income properties
- Property subtype
- Other apartment buildings
- APN
- 012-051-002-000
- APU
- 12051002000
Description
This exceptional Seaside, CA commercial property presents a unique investment opportunity. Situated on a substantial 0.59-acre lot (25,701 square feet), the property encompasses a 2,646 square foot building currently configured as six rental units. The existing units comprise a mix of apartment styles: two 2-bedroom, 1-bathroom units
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $266,615
- 6.5%
- $246,106
- 7%
- $228,527
-
Comparable approach
- Method
- Valuation
- Relative Method
- $310,399
- Geo Method
- $310,399
-
Alternative Use
- Use
- Valuation
- Residential
- $246,106
- Hospitality
- $225,432
- Educational
- $187,556
- Medical
- $194,007
- Retail
- $291,754
1198 La Salle Ave, Seaside, California
Location Insight
- City
- Seaside
- County
- Monterey
- State
- California
- Latitude
- 36.6163
- Longitude
- -121.841
- CBSA code
- 41500
- CBSA name
- SALINAS, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$6,475
$17,641
$66,722
$84,363
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Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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