Unique opportunity to own a two-parcel, multi-unit, estate compound in a central Monterey location. Consisting of two separate and independently parceled contiguous lots: 120 Carmelito Avenue and 942 Munras Avenue, each parcel contains individual improvements. There are 7 units in total, comprised of a 3 bedroom, 2 bath home, a… Read More two bedroom unit, 3 one bedroom units, a loft studio unit, and a stand alone commercial office. In addition, there are storage areas, parking and a workshop. The two properties offer a total of approximately 21,000 square feet of land and 5,000 square feet of improvements. Currently, 6 of the units are rented and the property is professionally managed. Owned by the same family for many years, this exceptional property is located within walking distance to downtown Monterey. The two parcels and improvements are being sold in their As Is present condition and are being sold together. Read Less
Courtesy of The Agency, Jim Lowell 831-902-0777
Listing Snapshot
Days Online
504
Last Updated
Property Type
Multiple Dwellings / Structures
Square Ft.
4,389
Lot Size
0.39 Acres
Year Built
1900
MLS Number
ML81938118
30 Days Snapshot Of 93940
$1,292k
+36%
(avg) sold price
9
-30%
homes sold
55
-11%
(avg) days on market
Snapshot
Area Map
Additional Details
Lot
Max Area: 17043.00, Max Area Units: Square Feet
Accessibility Features
None
Building
Built in 1900, 7 buildings, 4,389 structure square feet
Roof
Composition, Shingle
Utilities
Public Utilities
Sewer
Sewer - Public
Security Features
None
Heating
Wall Furnace
Cooling
None
Foundation
Concrete Perimeter and Slab
Water Features
Public
Garage
1 garage space
Parking
2 parking spaces
Miscellaneous
Vacancy factor: 0
Tenant Pays
Utilities - Electric, Utilities - Gas
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The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the MLSListingsTM MLS system. Real estate listings held by brokerage firms other than the office represented by this website are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents. The broker providing this data believes the data to be correct, but advises interested parties to confirm all information before relying on it for a purchase decision. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings last updated on .
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