Overview
- Residential
- 11
- 8
- 1
- 5033
- 64325
Description
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.
Details
Updated on February 5, 2025 at 6:53 pm Listed by Jim Lowell, The Agency- Property ID: 64325
- Price: $3,850,000
- Property Size: 5033 Sqft
- Land Area: 20979 Square Feet
- Bedrooms: 11
- Bathrooms: 8
- Garage: 1
- Year Built: 1900
- Property Type: Residential
- Property Status: Active
Features
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