120 Carmelito Avenue, 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.
Property Details
Additional Information
-
- City:
- Monterey
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- County:
- Monterey
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- Zip:
- 93940
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- MLS® #:
- ML81938121
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- Bedrooms:
- 9
-
- Bathrooms:
- 7
-
- Square Ft:
- 4,389
-
- Lot Size:
- 0.39
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- Garages:
- 1
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- School District:
- Other
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- HOA Dues:
- $
Price Change History for 120 Carmelito Avenue, Monterey, (MLS® #ML81938121)
| Date | Details | Price | Change |
|---|---|---|---|
| Active Under Contract (from Active) | – | – | |
| Price Reduced | $2,550,000 | $250,000 (8.93%) | |
| Price Reduced (from $3,850,000) | $2,800,000 | $1,050,000 (27.27%) |
Based on information from California Regional Multiple Listing Service, Inc. as of July 13th, 2024 at 9:25pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.