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120 Carmelito Ave

Monterey, CA 93940
  • $2,550,000
  • STATUS: Active Under Contract
  • ON SITE: 337 Days
  • ID#: ML81938121
Under Contract
UPDATED: 139 min ago
$2,550,000
  • 9
    BEDS
  • 0.39
    ACRES
  • 7
    BATHS
  • 0
    1/2 BATHS
  • 4,389
    SQFT
  • $581
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1901
County:

School Ratings & Info

Listing provided courtesy of Jim Lowell of The Agency: 831-902-0777.

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.

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© 2024 MLSListings Inc. Based on information from MLSListings MLS as of 2024-07-14T17:51:18.743. Data is updated hourly. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. DX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Compass.

Licensed in the State of California.
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120 Carmelito Ave Monterey, CA 93940

  • Price: $2,550,000
  • Status: Active Under Contract
  • On Site: 337 Days
  • Updated: 139 min ago
  • ID#: ML81938121
9
Beds
7
Baths
0
½ Baths
0.39
Acres
4,389
SQFT
$581
$/SQFT
1901
Built
Neighborhood:
Monte Regio/Peter's Gate
County:
Monterey
Area:
Monte Regio/Peter's Gate
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.
Exterior Features

Building Type Detached Carport Spaces 1 Foundation Concrete Perimeter and Slab Garage Max Spaces 1 Garage Min Spaces 1 Garage Parking Off-Street ParkingOn Street Parking Spaces 1 Pool YN No Roof CompositionShingle

Interior Features

Additional Rooms Office AreaStorage Cooling None Dining Room No Formal Dining Room Family Room No Family Room Fireplace Yn No Heating Wall Furnace Structure Sq Ft 4389

Property Features

Accessibility Features None Additional Listing Info Not Applicable City Limits Yes City Name MONTEREY Cross Street Munras Avenue Hoa YN No Horse Property YN No Incorporated Yes Lot Size Area Maximum 17043.00 Property Sub Type Single Family Home Security Features None Sewer Septic Sewer - Public Sq Ft Source Other Utilities Public Utilities Water Public Zoning CO

Listing provided courtesy of Jim Lowell of The Agency: 831-902-0777.



© 2024 MLSListings Inc. Based on information from MLSListings MLS as of 2024-07-14T17:51:18.743. Data is updated hourly. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. DX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Compass.

Licensed in the State of California.
Website powered by BoomTown.
 
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Compass
6th Avenue, 2SW of San Carlos St
Carmel CA, 93921

Listing provided courtesy of Jim Lowell of The Agency: 831-902-0777.