A unique opportunity to own an entire seven unit condominium mapped property located in the City of Seaside , an ocean-side community that overlooks the beautiful Monterey Bay on the Central Coast of California, approximately 115 miles south of San Francisco. Constructed in two phases, 2003 & 2008, to condominium standard. Fire Sprinkler & alarm system installed. Well maintained, new exterior paint, new handrails and deck coating. High Demand/Low vacancy. All 2 bedroom units, with private yard areas and/or large patios, all units have garage, automatic security gated property. The 2018 Average Seaside Condo/Townhouse sales price was $482,250. Per unit price discounted for purchase of entire project in current status. Current subdivision status is as follows: Original Final Public Report, White received March 2010, Condominium plan and Parcel Maps are complete. Due to our plans at that time to retain the building, we did not continue the operation of HOA and update the Public Report. The DRE/State documents would need to be updated & refiled, and a new reserve study at such time the new owner plans to sell the individual units. Our Attorney has estimated a current (2019) cost of $10,000, and about 6 months to complete this process. Condominium plan includes one Moderate Income unit upon completion of Condo project. Please do not disturb tenants. Call Broker/Owner, Jason Jordan (831) 254-3924, with any questions. More detailed information can be found at https://www.sanpablogardens.com . No Lock Box, showing to qualified buyers only please with 24 hour notice to all tenants and listing broker/owner to be present. Includes APN # 012-062-001, 012-062-002, 012-062-003, 012-062-004, 012-062-005, 012-062-006, 012-062-007, 012-062-008
