Active

120 Carmelito AVE

MONTEREY CA, 93940

$2,800,000


$637.96 per sqft

Active

9 Beds

7 Baths

4,389 sqft

Residential

Built in 1900

Listed by The Agency, Jim Lowell, Peter Baird Listing Contact: 8319020777

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.

ML81938121

MLS ID

March 9, 2024

Updated

Map

120 Carmelito AVE
MONTEREY CA, 93940

Interior Features

Bedrooms

9 Beds


Bathrooms

7 Baths


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.39 Acres


Roof

Composition, Shingle


Sewer

Public Sewer

School Information

School District

438

Other Property Details

Area Name

Monte Regio/Peter's Gate


Garage

Yes


Garage Spaces

1


Parking

Off Street


Parking Total

1


View

No


County

Monterey


Water Source

Public


Pool

No


Zoning

CO


Buyer Agency Compensation

2.5%

Listing History

Date

Event

Price

12/8/2023

Price Change

$2,800,000

-28%

Listed by The Agency, Jim Lowell, Peter Baird
Listing Contact: 8319020777 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Christian Haun | CA DRE# 01494599 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the MLS Listings, Inc. MLS system. Real estate listings held by brokerage firms other than Christian Haun | CA DRE# 01494599 are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents.

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Data last updated 9:47 PM UTC, 3/9/2024

 

 

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