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0 Sonoma Ave & Terrace St, Seaside, CA 93955

Seaside
Local realty services provided by:CENTURY 21 Masters
0 Sonoma Ave & Terrace St,Seaside, CA 93955
$599,900
  • 0.2 Acres
  • Lots / Land
  • Active
Listed by: steve mohseni
Office: compass
MLS#:41135800
Source:MLSListings

Price summary

  • Price:$599,900

About this home

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...

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Home facts

  • Listing ID #:41135800
  • Added:154 day(s) ago
  • Updated:October 28, 2026 at 04:55 PM

Structure and exterior

  • Lot area:0.2 Acres
  • Lot Features:Corner, Corners Marked, Surveyed - No

Utilities

  • Water:Available in Street

Finances and disclosures

  • Price:$599,900
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