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
498
Last Updated
Property Type
Single Family Residence
Beds
11
Full Baths
7
Partial Baths
1
Square Ft.
5,033
Lot Size
0.48 Acres
Year Built
1900
MLS Number
ML81938121
30 Days Snapshot Of 93940
$1,328k
+43%
(avg) sold price
11
-31%
homes sold
65
+51%
(avg) days on market
Snapshot
Area Map
Additional Details
Lot
Max Area: 20979.00, Max Area Units: Square Feet
Building
Built in 1900, 5,033 square feet, 5,033 living square feet, Building type: Detached
Accessibility Features
None
Dining Room
No Formal Dining Room
Family Room
No Family Room
Foundation
Concrete Perimeter and Slab
Roof
Composition, Shingle
Cooling
None
Security Features
None
Garage
1 garage space, Off-Street Parking, On Street
Parking
1 parking space
Water Features
Public
Heating
Wall Furnace
Utilities
Public Utilities
Sewer
Sewer - Public
Property
Zoning: CO, Horse property?: No
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