120 Carmelito Ave, MONTEREY

MONTEREY Home For Sale

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.

Sales Agent

Beach Cities Real Estate
  • Beach Cities Real Estate
  • Phone: (888) 990-7111
  • Cell: (888) 990-7111
  • Contact Agent Now

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Essential Information

  • MLS® #:
    ML81938121
  • Price:
    $2,800,000
  • Bedrooms:
    9
  • Bathrooms:
    7.00
  • Full Baths:
    7
  • Square Footage:
    4,389
  • Square Footage:
    Other
  • Acres:
    0.39
  • Year Built:
    1900
  • Type:
    Single Family Residential
  • Sub-Type:
    Detached Single Family
  • Status:
    Active

Community Information

  • Address:
    120 Carmelito Ave
  • Area:
    Monte Regio/Peter's Gate
  • City:
    MONTEREY
  • County:
    Monterey
  • State:
    CA
  • Zip Code:
    93940

Amenities

  • Utilities:
    Public Utilities
  • Parking Spaces:
    1
  • Garages:
    On Street, Off Street Parking, 1 Car Garage

Interior

  • Heating:
    Wall Furnace
  • Cooling:
    No Cooling

Exterior

  • Roof:
    Composition Roof, Shingle Roof
  • Foundation:
    Concrete Perimeter & Slab

Additional Information

  • Zoning:
    CO

Listing Details

  • Listing Agent:
    Jim Lowell
  • Listing Office:
    The Agency

Price Change History for 120 Carmelito Ave, MONTEREY, CA (MLS® #ML81938121)

Date Details Price Change
Price Reduced (from $3,850,000) $2,800,000 $1,050,000 (27.27%)
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© 2024 MLSListings Inc. All rights reserved. Based on information from MLSListings MLS as of April 28th, 2024 at 9:24am PDT.
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