714-745-2708

0 Sonoma Ave & Terrace St, Seaside, CA 93955

$599,900 Approx. USD 0 beds, 0 baths

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Marketed By The Keaty Team

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Marketed By The Keaty Team REALTOR® - Sales Associate 714-608-3298 m
714-745-2708 o
Lic#: 01276603
NRDS ID: 187514104
thekeatyteam@bhhscal.com Tustin Office
18302 Irvine Blvd, Suite 240
Tustin, CA 92780
Phone: 714-832-8800
Fax: 949-565-7700

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Listing Agent

Steve Mohseni | Steve@BayAreaHomeFinder.com
Lic#: 01267039
Broker: Courtesy of Compass
Phone: 925-580-8011

Agent Remarks

Tax-Free QOZ (Qualified Opportunity Zone) Eligible Investment - Seaside Vacant Lot Multi-family - APN 012-272-046 & 012-272-047 Two premium lots in Seaside, combined at 1/5 acre (8,853 square feet) in RM zoning located in a prime location, with capacity to build at a ratio of 30 units per one acre as per Seaside Planning Department. The two adjacent parcels are sitting on the corner of Sonoma Avenue and Terrace Street with a view of the Carmel Valley and the Monterey Bay, ideal for a new multi-unit development & investment or simply an ideal place to build your dream home. This location also offers an incredible opportunity to potentially benefit from the new 2025 sweeping tax reform (OBBBA) and its tax incentives as this location falls within the QOZ 1.0 (Qualified Opportunity Zone) area. Take advantage of this tax law, harvest capital gain tax deferment and exclusion resulting from development at this location. The preliminary evaluation suggests that a new development for a total of 3,984 square feet can be built. This can be configured as a 4-unit townhome style community with 2 three-bedroom, 2.5 bathroom, 2-car garages with 1,150sf each; in addition to 2 two-bedroom, 1.5 bathroom, 1-car garage with 840 sf each, one being designated as an affordable housing unit. Buyer to verify above with city of Seaside.

Listing Details

Property type: (Lots/Land)

Status: Active

MLS# 41135800

Price: $599,900

Beds: 0

Baths: 0

0.20 acres

Lot size: 0.2032

Subdivision: Other

County: Monterey

Zoning: RM - Multi

Lot description: Corner Lot

Last Updated: 8/9/2026

Days On Market (DOM): 128

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Lat/Long: 36.606356, -121.843022.
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