$2,350,000
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120 Carmelito Avenue Monterey, CA 93940
Single Family
Residence
11
Beds
8
Baths
5,033
Sq. Ft.
0.48
Acre
Lot
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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.
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MLS#
ML81938121
Property Type
Single Family
Status
Active Under Contract
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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