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987 Harcourt Avenue — Seaside — 3,375 Sq Ft | Belmont Brokerage | Belmont Brokerage

Active

OPEN TODAY · 1PM – 4PM

+57 more

$1,995,000

10 DOM

$591/sqft— bd— ba3,375 sqft

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987 Harcourt Ave Seaside, CA 93955

7,078sqft lot

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.

MLS ML82041454

(831) 320-7116 (Office) 831-320-7116 (Cell) audrey@36northproperties.com

Est. payment

$12,748/mo

Principal & interestTaxesInsurance

$10,088$2,078$582

Down %

Rate %

Years

Down payment: $399,000 · Total cost: $4,030,610

Mortgage vs rent

Compare estimated owner carrying cost (same loan math as above) to a gross rent estimate from a price-based multiplier (not a comp lease).

Est. carrying cost$12,748/mo

Principal & interest: $10,088
Est. property tax: $2,078
Est. insurance: $582
Down payment: $399,000

Est. gross rent$8,313/mo

Gross rent ≈ list price ÷ (20 × 12). Adjust the multiplier to match how you underwrite (typical investor GRM bands are often ~16–24 for SFR, market-dependent).

Rent − carrying cost (illustrative)$-4,435/mo

Down payment20%

6.5% APR, 30-year amortization — same P&I formula as the payment calculator above.

Gross rent multiple (annual)20×

Not financial advice. Mortgage uses standard amortizing P&I; taxes and insurance are rough California-style estimates (1.25% / yr tax, 0.35% / yr insurance). Rent is gross (no vacancy or management); actual market rent requires comps or a lease listing.

Price History

Event	Date	Price	Change
Listed	Apr 3, 2026	$2,400,000	—

Facts & Features

Transaction Data

▼Price Reduced from $2,400,000 (−$405,000)

Annual Taxes$6,707

Structure & Property

Year Built2025

(831) 320-7116 (Office) 831-320-7116 (Cell) audrey@36northproperties.com

Sale & Tax History

No Recent Sales History

We didn't find any closed transactions for this property in the last 5 years.

Location

987 Harcourt Avenue, Seaside, CA 93955

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Call

987 Harcourt Ave Seaside, CA 93955

About this home

Audrey Wardwell

Est. monthly payment

Mortgage vs rent

Price History

Facts & Features

Transaction Data

Structure & Property

Audrey Wardwell

Sale & Tax History

No Recent Sales History

Location

Location

Open Houses

Listing Agent

Presented by Belmont Brokerage Inc.

987 Harcourt Avenue, Seaside, CA 93955

About This Property

Property Photos

987 Harcourt Ave Seaside, CA 93955

About this home

Audrey Wardwell

Est. monthly payment

Mortgage vs rent

Price History

Facts & Features

Transaction Data

Structure & Property

Audrey Wardwell

Sale & Tax History

No Recent Sales History

Location

Location

Open Houses

Listing Agent

Presented by Belmont Brokerage Inc.