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.
The subject property located in heart of Monterey Downtown and contains a commercial building with of retail and office spaces. This building has a two major entrances, one on Alvarado & Calle Principal, it also has an elevator and two large bathrooms. Most of tenants has been long-term. It also has private parking area on Calle Principal Street. These lease are gross Lease, owner pays all expenses, ablout 75% are occupied. Potenita for a apartment or condo development opportunity on Calle Principal Street part, may request more detail through City of Monterey.
Come experience the amazing ocean views and luxurious living of this stunning duplex located near Cannery Row! This unique property offers high-end finishes and updates throughout, creating a luxurious atmosphere that you will love. On the upper level is a beautiful 1 bedroom unit with an expansive rooftop deck that offers incredible views of the entire bay. The lower level includes a 2 bedroom ground floor unit. Both units can be delivered vacant if desired, making it easy to move in or rent out immediately! This gorgeous duplex is conveniently located near some of Monterey's most popular attractions such as Cannery Row, downtown Monterey, and Pacific Grove. It is also very close to Navy Post Graduate School and Defense Language Institute for easy access to great tenants. Don't miss your chance to own this incredible duplex with breathtaking ocean views - schedule your showing today!
The Monterey lot is situated next to Laguna Grande Park. Three lots located next to one another are for sale. The Multiple Listing picture shows fencing enclosing the three lots. Each lot has a separate Assessor's Parcel Number and can be purchased separately. Lots are land-locked. Do Not Go Direct!
Opportunity! Nestled on top of a hillside, this private 3.3 acre lot offers a generous building envelope, previous Al Saroyan plans and the views! Very few lots remain in Monterra with these type of views. Enjoy views of Fishermans Wharf and the bay to the west along with hillside and Mountain views to the east. Just minutes to Monterey and Carmel. Build your dream house or pick up where the sellers have left off.
The median home value in Monterey, CA is $955,000. This is higher than the county median home value of $764,900. The national median home value is $338,100. The average price of homes sold in Monterey, CA is $955,000. Approximately 32.14% of Monterey homes are owned, compared to 59.11% rented, while 8.76% are vacant. Monterey real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Monterey real estate agent to arrange a tour today!
Monterey, California has a population of 30,014. Monterey is less family-centric than the surrounding county with 32.5% of the households containing married families with children. The county average for households married with children is 35.83%.
The median household income in Monterey, California is $85,365. The median household income for the surrounding county is $82,013 compared to the national median of $69,021. The median age of people living in Monterey is 37.4 years.
The average high temperature in July is 66.5 degrees, with an average low temperature in January of 42.6 degrees. The average rainfall is approximately 18.2 inches per year, with 0.1 inches of snow per year.