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Berkshire Hathaway HomeServices California Properties

1801 Catalina Street, Seaside, CA 93955

$2,090,000 Approx. USD

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Berkshire Hathaway HomeServices California Properties 11828 Rancho Bernardo Rd, Ste 210
San Diego, CA 92128 888-995-7575

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Listing Agent

Kathleen McCrystal | kat@katmccrystal.com
Lic#: 01463899
Broker: Courtesy of Douglas Elliman of California, Inc.
Phone: 831-915-6879

Listing Details

Property type: (Commercial)

Property Sub-Type:

Status: Active

Listing ID: ML82043889

Price: $2,090,000

Rental Rate: $2,090,000

Lot Size:

HOA Fee is $0.00

Built in 1988

0.19 acres

County: Monterey

Zoning: MU-P

Heating/cooling: None

Last Updated: 7/28/2026

Days On Market (DOM): 103

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Lat/Long: 36.612647, -121.853691.
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Lot Details

Easement Present: (Easement present. For more information, contact agent.)

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Property Details

Welcome to the Soho of the Monterey Peninsula, an exceptionally rare investment and development opportunity in the heart of Sand City. Positioned in one of the Peninsula's most dynamic and evolving micro-markets, this property offers significant upside with city-supported potential for a six-story residential development. Preliminary discussions have included two levels of parking and four levels of residential housing, with flexibility for a blend of market-rate and affordable units. Sand City has expressed openness to creative site planning, including potential use of and acquisition of adjacent portions of the bordering dead-end streets to enhance access and circulation. Upper level units above the third floor are anticipated to capture some of the most compelling views in the area. The existing improvements include a multi-tenant commercial structure featuring five office suites, six upper-level storage units, four ground-level garage bays (one with accessory office space) and two additional storage units. Most spaces are currently leased on a month to month basis providing immediate income. This is an exceptional opportunity to reimagine and capitalize on one of the Monterey Peninsula's most promising urban corridors. Buyer agrees to cooperate with sellers 1031 exchange.

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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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