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$3,500,000

Est. payment - /mo

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4,539 SqFt

Active

457 Spencer ST Monterey, CA 93940

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Nathan King Real Estate Group

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

UPDATED:

10/22/2024 06:41 PM

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,539 sqft

Price per Sqft $771

MLS Listing ID ML81962259

HOA Y/N No

Year Built 1975

Annual Tax Amount $30,875

Lot Size 5,850 Sqft

Acres 0.1343

Property Description

Attention 1031 exchangers, investors or even second home searchers!!! Here is a rare opportunity to own a unique New Monterey 4 unit apartment complex with a spacious apx 1934 SF penthouse on top featuring expansive views of Monterey Bay and city lights. Also rare is the fact that all 4 units have been remodeled with updated flooring, countertops, stainless steel appliances, new windows, sliding glass doors, and paint inside and out. The penthouse boasts 3 bedrooms and 2.5 baths including a primary suite, open beam ceilings and a wall of windows facing the Monterey Bay. There is a fireplace in the roomy living room, plus a dedicated dining room, ample kitchen, a dedicated laundry room and an apx. 151 SF deck. Below is a roughly 913 SF 2 bed, 1 bath unit and an approximately 714 SF 1 bed, 1 bath unit, both with bay views. Lastly, is an apx 978 SF 2 bedroom, 1.5 bath, townhouse style unit with the living space below and the bedrooms above w/ a private backyard. In total there is over 4500 SF of living space! Other amenities include 4 car garage, a community laundry room, a large storage area, several decks and new insulated top of the line garage doors. What a great opportunity to keep one for yourself and rent the rest out!

Location

State CA

County Monterey

Area 699 - Not Defined

Zoning R3

Interior

Heating Central

Flooring Carpet, Concrete, Laminate, Tile, Wood

Fireplace No

Appliance Double Oven, Dishwasher, Electric Cooktop, Gas Cooktop, Microwave, Range Hood, Vented Exhaust Fan

Exterior

Garage Spaces 4.0

Garage Description 4.0

View Y/N Yes

View Bay, City Lights, Hills, Ocean, Water

Roof Type Composition

Accessibility None

Building

Story 3

Sewer Public Sewer

Architectural Style Contemporary

Schools

School District Other

Others

Tax ID 001099005000

Special Listing Condition Standard

Listed by Monterey Peninsul... • KW Coastal Estates

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Nathan King Real Estate Group

Broker | License ID: 01878277

+1(559) 396-0000

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