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  • 0 Sonoma Ave & Terrace St

0 Sonoma Ave & Terrace St, Seaside, CA 93955

$599,900 Approx. USD 0 beds, 0 baths
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Photo of Nicolette Gilbert

Nicolette Gilbert REALTOR® - Sales Associate 619-755-8112 m
619-595-7020 o
Lic#: 02102274
NRDS ID: 196580428
NicolettePacho@bhhscal.com Text Me
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Lic#: 02102274
NRDS ID: 196580428
NicolettePacho@bhhscal.com Rancho Bernardo Office
16969 Bernardo Center Drive, Suite 100
San Diego, CA 92128
Phone: 858-487-3520
Fax: 858-451-0932
 Rancho Bernardo 16969 Bernardo Center Drive, Suite 100
San Diego, CA 92128
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Fax: 858-451-0932
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Listing Agent


Steve Mohseni | Steve@BayAreaHomeFinder.com
Lic#: 01267039
Broker: Courtesy of Compass
Phone: 925-580-8011

Agent Remarks

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 total of 3,984 square feet can be built. This can be configured as a 4-unit townhome style community with 2 three-bedroom, 2.5 bathroom, 2-car garages with 1,150sf each; in addition to 2 two-bedroom, 1.5 bathroom, 1-car garage with 840 sf each, one being designated as an affordable housing unit.

Listing Details

Property type: (Lots/Land)
Status: Active
MLS# 41135800
Price: $599,900
Beds: 0
Baths: 0
0.20 acres
Lot size: 0.2032
Subdivision: Other
County: Monterey
Zoning: RM - Multi
Lot description: Corner Lot

Last Updated: 6/2/2026

 Days On Market (DOM): 25

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Lat/Long: 36.606356, -121.843022.
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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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Photo of Nicolette Gilbert

Nicolette Gilbert REALTOR® - Sales Associate 619-755-8112 m
619-595-7020 o
Lic#: 02102274
NRDS ID: 196580428
NicolettePacho@bhhscal.com Text Me
Call My Cell
Call My Office
Lic#: 02102274
NRDS ID: 196580428
NicolettePacho@bhhscal.com
Rancho Bernardo Office
16969 Bernardo Center Drive, Suite 100
San Diego, CA 92128
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