987 Harcourt Avenue, Seaside, CA 93955

• 7 beds
• 874 sqft

Property Description

Exceptional investment opportunity this well-maintained fourplex delivers commercial-level income performance while retaining the advantages of residential financing and management simplicity. 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 (excellent value-add potential), and a fourth 1-bedroom, 1-bath unit. Notably, two of the units were newly constructed in 2025, offering modern finishes and reduced maintenance concerns. Each unit is equipped with in-unit laundry, enhancing tenant appeal and 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. What truly sets this asset apart is its ability to generate income comparable to a commercial property, while benefiting from residential lending flexibility, broader buyer demand, and fewer operational complexities. This makes it an ideal acquisition for both seasoned investors and those looking to scale into higher-performing assets without taking on traditional commercial risk.

Listing Status:

Active

Date Added:

April 3, 2026

Data Last Updated:

April 3, 2026 at 7:06PM

Listing Office:

36 North Properties : 831-320-7116

Listing Agent:

Audrey Wardwell : 831-320-7116

MLS ID:

ML82041454

Interior

• A/C: No Air Conditioning
• Heating: Other

Location

• School District: Monterey Peninsula Unified
• County: Monterey

Lot

• Zoning: RMD012361024000