Ocean Views, Vintage Charm & Rental Income in Old Monterey! Experience the charm of Old Monterey with this rare triplex offering ocean views and strong income potential. Set on a spacious 6,500 sq. ft. street-to-alley lot, the property features a 1,369 sq. ft. main home with 2 bedrooms and 1… Read More bath vacant and ready for your vision. An attached 605 sq. ft. 1-bedroom, 1-bath unit rents for $1,795/month, while a detached 934 sq. ft. 2-bedroom, 2-bath unit with ocean views earns $2,450/month. A 2-car garage and flexible layout add to the appeal, making this an ideal opportunity to live in one unit while generating steady rental income or to create a dream compound. Located near the Wharf, MIIS, downtown Monterey, beaches, and all the natural beauty of the Monterey Peninsula, this is a truly special property with endless possibilities. Read Less
Courtesy of Sotheby's International Realty, Doug Steiny 831-236-7363
Listing Snapshot
Days Online
3
Last Updated
Property Type
Triplex
Square Ft.
1,975
Lot Size
0.15 Acres
Year Built
1954
MLS Number
ML82018516
30 Days Snapshot Of 93940
$1.35M
-4%
(avg) sold price
21
+40%
homes sold
33
+6%
(avg) days on market
Snapshot
Area Map
Additional Details
Lot
Max Area: 6507.00, Max Area Units: Square Feet
Unit One
2 bedrooms in unit 1, Unit 1: approximately 1,369 square feet
Unit Two
1 bedroom in unit 2, Unit 2: approximately 605 square feet, Unit 2 rent: $1,795
Unit Three
2 bedrooms in unit 3, Unit 3: approximately 934 square feet, Unit 3 rent: $2,450
Accessibility Features
None
Building
Built in 1954, 3 building units, 2 buildings, 1,975 structure square feet
Roof
Other
Utilities
Public Utilities
Sewer
Sewer - Public
Security Features
None
Heating
Central Forced Air
Cooling
None
Foundation
Concrete Perimeter and Slab
Water Features
Public
Garage
2 garage spaces
Miscellaneous
Vacancy factor: 3
Tenant Pays
Utilities - Gas, Utilities - Heating, Utilities - Water
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