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Courtesy of The Agency, Jim Lowell 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.
Property Details and Features
Listing
- Source: MLSListings
- Listed on 2023-08-11 13:52:39
Lot
- Max Area: 20979.00
- Max Area Units: Square Feet
Bedrooms
- 11 bedrooms
Bathrooms
- 7 full bathrooms
- 1 half bathroom
Location
- County: Monterey
Building
- Built in 1900
- 5,033 square feet
- 5,033 living square feet
- Building type: Detached
Accessibility Features
- None
Dining Room
- No Formal Dining Room
Family Room
- No Family Room
Additional Rooms
- Office Area
- Storage
Foundation
- Concrete Perimeter and Slab
Roof
- Composition
- Shingle
Cooling
- None
Security Features
- None
Garage
- 1 garage space
- Off-Street Parking
- On Street
Parking
- 1 parking space
Water Features
- Public
Heating
- Wall Furnace
Utilities
- Public Utilities
Sewer
- Sewer – Public
Property
- Zoning: CO
- Horse property?: No
Schools
- Elementary school district: Monterey Peninsula Unified
- High school district: Monterey Peninsula Unified
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Listings last updated on December 23, 2024 9:05AM.