CA
Monterey
MONTEREY
93940
120 Carmelito AVE
120 Carmelito AVE, MONTEREY, CA 93940
Listing Type
multi family
Listing Status
active
46
$2,550,000

Home Details for 120 Carmelito AVE

Price
$2,550,000
Type
Multi_Family
Bedrooms
0
Bathrooms
0.0
Square feet
4389
Year built
1900
Lot size acres
0.3912
County
Monterey
Garage
1
Days on site
452
MLS Listing#
ML81938118
Listing courtesy: The Agency - (424) 230-3700
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.

Property Features
  • Cooling Information
    • None
  • Heating Information
    • Wall Furnace
  • House Interior
    • None
  • Utilities
    • Public Utilities
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EXIT REALTY KEYSTONE
16175 Monterey #A, Morgan Hill, CA 95037
CA DRE# 01348955. Margaret Vierra broker - CA DRE# 01183425
Office
408 778 9990
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