120 Carmelito Ave Monterey , CA 93940

Description

11 Beds
7 full, 1 half Baths
5,033 Sqft
20,979 Sqft lot
0.48 Acre lot
Co Agent License#: 00533485
Status: Contingent
Property Type: Single Family Residence
Year Built: 1900
Days on Website: 498
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.

Open House

Property Details and Features

Contact an Agent

Kennedy Ngo

408 889-3519

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