0 Sonoma Ave & Terrace St, Seaside, CA 93955
0 Sonoma Ave & Terrace St, Seaside, CA 93955
0 Sonoma Ave & Terrace St, Seaside, CA 93955
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Listed by Steve Mohseni • Compass
$599,900
Est. payment /mo
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8,853 SqFt
Active

0 Sonoma Ave & Terrace St Seaside, CA 93955

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Max Manatt

Max Manatt

+1(925) 980-3375

UPDATED:

Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

Square Footage 8,853 sqft

Price per Sqft $67

MLS Listing ID 41135800

HOA Y/N No

Lot Size 8,853 Sqft

Property Sub-Type Unimproved Land

Source BAY EAST

Property Description

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.

Location

State CA

County Monterey

Interior

Fireplace No

Exterior

View Bay, City Lights, Valley

Building

Lot Description Corner Lot, Premium Lot

Water No Water

Others

Special Listing Condition Standard

Bay East Association of Realtors
© 2026 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.

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Max Manatt

Max Manatt

Agent | License ID: 01957416

+1(925) 980-3375

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