$2,550,000
- Beds
- 11
- Baths
- 7.5
- sq ft
- 5,033
120 Carmelito Ave, Monterey, CA 93940
120 Carmelito Ave
Monterey, CA 93940
- 404 days on market
- Price drop $250,000↓
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.
Details
Property type
Single Family Residence
Lot size
0.4816 acres
Price per sq ft
$507
Year built
1900
Price History
07/19/2024
BridgeMLS #ML81938121
Listed
$2,550,000
06/15/2024
BridgeMLS #ML81938121
Pending
$2,550,000
06/12/2024
BridgeMLS #ML81938121
Price change
$2,550,000
-8.93%
Schools & Community
Neighborhood:
Monterey Vista
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
High school district:
Monterey Peninsula Unified
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Status: Active
Tomo last checked: 09/18/2024 at 5:05 PM
Listing updated: 08/12/2024 at 10:09 PM
Listed by: Jim Lowell, The Agency Phone #: (831) 902-0777
MLS: BridgeMLS #ML81938121
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