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Sold for $3,556,400 on 03/08/24
  • $3,556,400

    1st St, Monterey, CA 93940

    --beds
    --baths
    8,364sqft
    Five Or More Units, Residential Income
    Built in 1975
    -- sqft lot
    $3,943,700 Zestimate®
    $425/sqft
    $3,453 Estimated rent

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    $3,453/mo

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    $3,453/mo

    Rent Zestimate®

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    $22,023/mo

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    $22,023/mo

    Est. payment

    What's special

    Opportunity Knocks! Great location just two blocks from the ocean and 3 blocks to NPS. Units in nice condition and rarely vacant. Each unit has designated carport with lockable storage room behind. Common area laundry room with two commercial coin operated washers and two dryers. All units have individual gas water heaters and gas forced air furnaces. No deferred maintenance and well maintained property makes this a great investment opportunity with mostly long term tenants in prime location.

    Zillow last checked: 8 hours ago

    Listing updated: December 21, 2024 at 02:23am

    Listed by:

    Steve Mast 00648524 831-384-0422,

    Mast Realty 831-384-0422

    Source: MLSListings Inc,MLS#: ML81949902MLS Logo

    Facts & features

    Interior

    Kitchen
    • Features: Countertop_Formica, ExhaustFan
    Heating
    • Central Forced Air Gas
    Cooling
    • None
    Appliances
    • Included: Dishwasher, Exhaust Fan, Range Hood, Electric Oven/Range
    • Laundry: Coin Operated
    Features
    • Flooring: Carpet, Vinyl Linoleum
    • Doors: None
    Interior area
    • Total structure area: 8,364
    • Total interior livable area: 8,364 sqft

    Property

    Parking
    • Parking features: Assigned, Carport, Off Street
    • Has carport: Yes
    Accessibility
    • Accessibility features: None
    Lot
    • Size: 10,018 sqft
    • Features: Mostly Level
    Details
    • Parcel number: 001826003000
    • Zoning: R4
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Traditional
    • Property subtype: Five Or More Units, Residential Income
    Materials
    • Foundation: Concrete Perimeter and Slab
    • Roof: Composition
    Condition
    • Year built: 1975

    Utilities & green energy

    • Gas: IndividualGasMeters, NaturalGas, PublicUtilities
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Natural Gas Available, Public Utilities, Water Public

    Community & neighborhood

    Location
    • Region: Monterey

    Other

    Other facts
    • Listing agreement: ExclusiveRightToSell
    • Listing terms: CashorConventionalLoan
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    $3,943,700
    2% more+$78,874
    With Zillow Showcase(estimated)$4,022,574