987 Harcourt Avenue, Seaside, CA 93955
List Price: $2M
Listing Status: Active
Original List Price: $2.4M
0Days on Market: 10
0 Bedrooms · 0 Bathrooms · 3,375 sq ft
Property Type: ResidentialIncome
Year Built: 2025
Lot Size: 7,078 sq ft
Annual Property Tax: $6,707
MLS Number: ML82041454
About This Property
Exceptional investment opportunity at $13,025/month in rent, this well-maintained fourplex delivers income performance comparable to a commercial asset while benefiting from the flexibility of residential financing and streamlined management. The property features two spacious 3-bedroom, 1.5-bath units, one unit currently configured as a 1-bedroom with approved plans to convert to a 2-bedroom, 2-bath (offering excellent value-add potential), and an additional 1-bedroom, 1-bath unit. Notably, two of the units were newly constructed in 2025, providing modern finishes and minimizing near-term maintenance needs. Each unit is equipped with in-unit laundry, enhancing tenant appeal and supporting strong retention. Recent capital improvements include a new electrical panel, upgraded main service, new water main, and a newly completed driveway with six off-street parking spaces.