$2,550,000
120 Carmelito AVE Monterey, CA 93940
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$2,550,000
Est. payment /mo
11 BD
8 BA
0.48 Acres Lot
Active
120 Carmelito AVE Monterey, CA 93940
UPDATED:
09/30/2024 06:40 PM
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML81938121
Bedrooms 11
Full Baths 7
Half Baths 1
HOA Y/N No
Year Built 1900
Lot Size 0.482 Acres
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.
Location
State CA
County Monterey
Area 699 - Not Defined
Zoning CO
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Exterior
Garage Off Street
Garage Spaces 1.0
Carport Spaces 1
Garage Description 1.0
View Y/N No
Roof Type Composition,Shingle
Accessibility None
Parking Type Off Street
Attached Garage No
Total Parking Spaces 1
Building
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Other
Others
Tax ID 001672019000
Special Listing Condition Standard
Listed by Jim Lowell • The Agency
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