1270 Ord Grove Avenue, Seaside, CA 93955

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Sold Price
$1,760,000
List Price
$1,850,000
Closing Date
Apr 24, 2026
Status
CLOSED
MLS#
ML82033217
Year Built
1970
Lot Size
7,405
Acres
0.17
Days on Market
25
Property Type
Commercial

Property Description

1270 Ord Grove presents a compelling opportunity to acquire a well-performing multifamily asset in the heart of Seaside, offering strong in-place cash flow with clear operational and rental upside. This professionally managed property features a stabilized tenant base, consistent income history, and clean operating financials. The asset is well positioned for both long-term hold investors and value-add buyers seeking income growth through strategic optimization rather than heavy capital redevelopment. The property benefits from a strong Seaside rental market, proximity to major employment centers, coastal access, and regional amenities supporting long-term tenant demand and asset stability. 1270 Ord Grove offers the rare combination of immediate income stability and measured value-add potential, making it an ideal acquisition for investors seeking current yield with future growth in a supply-constrained coastal market.

Additional Information

Taxes
$4,807
Heat
Wall Furnace
Cooling
Yes
Cooling Description
None
Roof
Composition
School District
Other
Attached Structure
Detached
Gross Scheduled Income
$169,073

Listing courtesy of Listing Agent: Audrey Wardwell (audrey@36northproperties.com) from Listing Office: 36 North Properties.

Listing sold by Clay Lee Hong from Peninsula Group Realty, Inc.

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.