1270 Ord Grove presents a compelling opportunity to acquire a well-performing multifamily asset in the heart of Seaside, offering strong in-place cash flow with clear operational and rental upside. This professionally managed property features a stabilized tenant base, consistent income history, and clean operating financials. The asset is well positioned… Read More for both long-term hold investors and value-add buyers seeking income growth through strategic optimization rather than heavy capital redevelopment. The property benefits from a strong Seaside rental market, proximity to major employment centers, coastal access, and regional amenities supporting long-term tenant demand and asset stability. 1270 Ord Grove offers the rare combination of immediate income stability and measured value-add potential, making it an ideal acquisition for investors seeking current yield with future growth in a supply-constrained coastal market. Read Less
Courtesy of 36 North Properties, Audrey Wardwell 831-320-7116
Listing Snapshot
Days Online
1
Last Updated
Property Type
Five Or More Units
Square Ft.
6,000
Lot Size
0.17 Acres
Year Built
1970
MLS Number
ML82033217
30 Days Snapshot Of 93955
$798k
+1%
(avg) sold price
6
-45%
homes sold
95
+331%
(avg) days on market
Snapshot
Area Map
Additional Details
Lot
Max Area: 7405.00, Max Area Units: Square Feet, Lot is 0.16999540863177 acres
Accessibility Features
Parking
Unit One
1 bedroom
Unit Two
bedroom 1
Unit Three
bedroom 1
Unit Four
1 bedroom
Building
6,000 structure square feet, Age: 56, Built in 1970, 1 building, 8 minimum units in complex
Cooling
None
Foundation
Concrete Perimeter and Slab
Garage
Common Parking Area
Water Features
Private / Mutual
Heating
Wall Furnace
Laundry
Coin Operated
Tenant Pays
Services - Trash Removal, Utilities - Electric, Utilities - Gas
Miscellaneous
Total expenses: 69395
Parking
8 parking spaces
Property
Zoning: RS-8
Roof
Composition
Security Features
None
Taxes
Annual tax amount: $4,807
Sewer
Sewer - Public
Utilities
Separate Common Area, Separate Electric, Separate Gas, Public Utilities
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