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$2,550,000

Est. payment - /mo

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11 BD

8 BA

5,033 SqFt

Active

120 Carmelito AVE Monterey, CA 93940

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Nathan King Real Estate Group

info@kingrealestate.group +1(559) 396-0000

UPDATED:

09/30/2024 06:40 PM

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 5,033 sqft

Price per Sqft $506

MLS Listing ID ML81938121

Bedrooms 11

Full Baths 7

Half Baths 1

HOA Y/N No

Year Built 1900

Lot Size 0.482 Acres

Property 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.

Location

State CA

County Monterey

Area 699 - Not Defined

Zoning CO

Interior

Heating Wall Furnace

Cooling None

Fireplace No

Exterior

Garage Off Street

Garage Spaces 1.0

Carport Spaces 1

Garage Description 1.0

View Y/N No

Roof Type Composition,Shingle

Accessibility None

Parking Type Off Street

Attached Garage No

Total Parking Spaces 1

Building

Sewer Public Sewer

Water Public

New Construction No

Schools

School District Other

Others

Tax ID 001672019000

Special Listing Condition Standard

Listed by Jim Lowell • The Agency

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Nathan King Real Estate Group

Broker | License ID: 01878277

+1(559) 396-0000

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