Property Details
About this Property
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.
MLS Listing Information
MLS #
ML81938121
MLS Source
MLSListings, Inc.
Days on Site
417
Interior Features
Dining Room
No Formal Dining Room
Family Room
No Family Room
Cooling
None
Heating
Wall Furnace
Exterior Features
Roof
Composition, Shingle
Foundation
Concrete Perimeter and Slab
Parking, School, and Other Information
Garage/Parking
Off-Street Parking, On Street, Garage: 1 Car(s)
Elementary District
Monterey Peninsula Unified
High School District
Monterey Peninsula Unified
Sewer
Public Sewer
Water
Public
Zoning
CO
Contact Information
Listing Agent
Jim Lowell
The Agency
License #: 00883474
Phone: (831) 902-0777
Co-Listing Agent
Peter Baird
Baird Partnership, Inc.
License #: 00533485
Phone: (831) 646-1919
Neighborhood: Around This Home
Neighborhood: Local Demographics
Market Trends Charts
Nearby Homes for Sale
120 Carmelito Ave is a Single Family Residence in Monterey, CA 93940. This 5,033 square foot property sits on a 0.481 Acres Lot and features 11 bedrooms & 7 full and 1 partial bathrooms. It is currently priced at $2,550,000 and was built in 1900. This address can also be written as 120 Carmelito Ave, Monterey, CA 93940.
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This listing information is up-to-date as of August 13, 2024. For the most current information, please contact Jim Lowell, (831) 902-0777
