Property Details
About this Property
Attention 1031 exchangers, investors or even second home searchers!!! Here is a rare opportunity to own a unique New Monterey 4 unit apartment complex with a spacious apx 1934 SF penthouse on top featuring expansive views of Monterey Bay and city lights. Also rare is the fact that all 4 units have been remodeled with updated flooring, countertops, stainless steel appliances, new windows, sliding glass doors, and paint inside and out. The penthouse boasts 3 bedrooms and 2.5 baths including a primary suite, open beam ceilings and a wall of windows facing the Monterey Bay. There is a fireplace in the roomy living room, plus a dedicated dining room, ample kitchen, a dedicated laundry room and an apx. 151 SF deck. Below is a roughly 913 SF 2 bed, 1 bath unit and an approximately 714 SF 1 bed, 1 bath unit, both with bay views. Lastly, is an apx 978 SF 2 bedroom, 1.5 bath, townhouse style unit with the living space below and the bedrooms above w/ a private backyard. In total there is over 4500 SF of living space! Other amenities include 4 car garage, a community laundry room, a large storage area, several decks and new insulated top of the line garage doors. What a great opportunity to keep one for yourself and rent the rest out!
MLS Listing Information
MLS #
ML81962259
MLS Source
MLSListings, Inc.
Days on Site
200
Interior Features
Kitchen
220 Volt Outlet, Countertop - Granite, Countertop - Marble, Countertop - Solid Surface / Corian, Exhaust Fan, Hookups - Gas
Appliances
Cooktop - Electric, Cooktop - Gas, Dishwasher, Exhaust Fan, Hood Over Range, Microwave, Oven - Built-In, Oven - Double
Flooring
Carpet, Concrete, Hardwood, Laminate, Tile
Laundry
Coin Operated
Cooling
Ceiling Fan
Heating
Central Forced Air
Exterior Features
Roof
Composition
Foundation
Concrete Perimeter and Slab
Style
Contemporary
Parking, School, and Other Information
Garage/Parking
Attached Garage, On Street, Garage: 4 Car(s)
Elementary District
Monterey Peninsula Unified
High School District
Monterey Peninsula Unified
Sewer
Public Sewer
Zoning
R3
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 4 | 4 |
| Unit # | Sq Ft | Beds | Baths | Rent |
|---|---|---|---|---|
| 1 | 913 | 2 | 1/0 | $2,600 |
| 2 | 714 | 1 | 1/0 | $2,300 |
| 3 | 978 | 2 | 1/1 | $3,000 |
| 4 | 1,934 | 3 | 2/1 | $4,650 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
457 Spencer St is a Residential Income in Monterey, CA 93940. This 4,539 square foot property sits on a 5,850 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $3,500,000 and was built in 1975. This address can also be written as 457 Spencer St, Monterey, CA 93940.
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This listing information is up-to-date as of October 22, 2024. For the most current information, please contact Monterey Peninsula Home Team, (831) 601-3284
