Listed by Jim Lowell - DRE #00883474 - The Agency 424-230-3700 Listing Courtesy of: DRE #00533485
$2,350,000 affordable loan icon Calculate Payment

120 Carmelito Avenue Monterey, CA 93940

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Single Family Residence
11 Beds
8 Baths
5,033 Sq. Ft.
0.48 Acre Lot

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Last updated on 11/15/2024 4:17 PM
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 o...f 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. Continue reading
MLS#
ML81938121
Property Type
Single Family
Status
Bedrooms
11
Bathrooms
7 Full/1 Half
Year Built
1900
Square Feet
5,033 sq. ft
Lot Size
0.48
Sewer
Public Sewer

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Listed by Jim Lowell - DRE #00883474 - The Agency 424-230-3700 Listing Courtesy of: DRE #00533485
Barbara Lynn Simmons, CALBRE 637579, Xome Inc., CALBRE 1932600, [email protected], 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361

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This content last refreshed on 11/15/2024 4:17 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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