1801 Catalina ST, Seaside, CA 93955
MULTI_FAMILY - SEASIDE, CA
- Added:
- May 12, 2026
- Days on Market:
- 34
- Last Refresh:
- Jun 14 at 8:06 pm
Property Features for 1801 Catalina ST
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- Commercial Property
- Standard status
- Active
- Size
- 7,632 SF
- Lot size
- 0.19 Acres
Utilities
- Water source
- Public
Building Details
- Year built
- 1988
- Roof type
- Shingle
Listing agent Kathleen McCrystal License #01463899 (831) 915-6879
Listing office Douglas Elliman of California, Inc. 150 S El Camino Dive Suite 150, Beverly Hills, CA (310) 595-3888
Listing date May 12, 2026
Copyright © 2026 MLS Listings, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Significant development potential with city support for a six‑story residential building.
- Prime location in Sand City, a dynamic and evolving micro‑market on the Monterey Peninsula.
- Potential for compelling views from upper‑level units (above the third floor).
- Existing multi‑tenant commercial structure provides immediate income from leased spaces.
- Flexibility for creative site planning, including potential acquisition of adjacent street portions.
- Mix of office suites, storage units, and garage bays currently in place.
Overview
The building is zoned for Commercial Property use. Most of the existing spaces are currently leased on a month-to-month basis, which may provide near-term flexibility for an owner or operator. The listing also notes city-supported potential for a six-story residential development, with preliminary discussions including parking and residential levels, as well as potential use of nearby dead-end street portions to improve access and circulation.
From an ownership standpoint, the property can fit buyers looking for an income-producing mixed office and storage setup while evaluating longer-range redevelopment planning. Buyers are also asked to cooperate with sellers regarding a 1031 exchange.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $183.2k | $24.00 |
| − Vacancy | −$40.3k | −$5.28 |
| EGI | $142.9k | $18.72 |
| − OpEx | −$35.7k | −$4.68 |
| NOI | $107.2k | $14.04 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Seaside
- County
- Monterey
- State
- California
- Longitude
- -121.853529
- Latitude
- 36.612803
