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 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.
ML81938118
Multi-Family, Other
Monterey
1900
0.3912
Acres
Public
Public Sewer
4,389
Sq. Ft.
Yes
- 1
space
Exterior / Lot Features
- Parking
- 1 Garage Spaces. 2 Parking Spaces. Off Street.
- Roof
- Composition, Shingle
- Lot Dimensions
- 17043.00
- Zoning
- CO
Financial Considerations
001-672-019-000
Loading...