About 1501 Terrace Street
Exemplary Seaside ranch style duplex in the sought after Sunshine Park enclave elevated and adjacent to single family homes. The generous 6,625sqft thoughtfully landscaped corner lot provides exquisitely grand curb appeal with copious outdoor living space on all four sides providing multidirectional natural light flow throughout the day. Beautifully maintained with all new exterior finishes and newly installed sewar lateral. Partial ocean views from the rear elevation. Excellent rents with strong long-term tenants producing approximately a 5-6% cap rate (buyer to confirm actual CAP) with room to grow, ready to simply close and cashflow for many maintenance free years to come. Also perfect for owner user with additional income stream or multi-gen family compound. Includes RV Parking access with a total of 5 off street parking spaces. Convenient to beach access, shopping, dining and freeway access.
Features of 1501 Terrace Street
| MLS® # | 425061050 |
|---|---|
| Price | $799,000 |
| Bedrooms | 2 |
| Bathrooms | 2.00 |
| Full Baths | 2 |
| Square Footage | 1,056 |
| Acres | 0.15 |
| Year Built | 1953 |
| Type | Residential Income |
| Sub-Type | Duplex |
| Style | Ranch |
| Status | Active |
Community Information
| Address | 1501 Terrace Street |
|---|---|
| Area | Lower Broadway |
| City | Seaside |
| County | Monterey |
| State | CA |
| Zip Code | 93955-4923 |
Amenities
| Utilities | Cable Available, City, Natural Gas Connected, Sewer Available |
|---|---|
| Parking Spaces | 5 |
| Parking | Guest, RV Access/Parking |
| View | Water |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Appliances | Free-Standing Gas Oven, Free-Standing Gas Range, Gas Water Heater |
|---|---|
| Heating | Wall Furnace |
| Fireplace | No |
| # of Stories | 1 |
| Has Basement | No |
Exterior
| Lot Description | Corner Lot, Curbs/Gutters, Garden |
|---|---|
| Windows | Dual Pane Partial |
| Roof | Composition |
Additional Information
| Date Listed | July 31st, 2025 |
|---|
Listing Details
| Agent | Gerald W Guay |
|---|---|
| Office | Compass |