Active
120 Carmelito AVE
MONTEREY CA, 93940
$2,550,000
$506.66 per sqft
Active
11 Beds
7.5 Baths
5,033 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
August 11, 2023
Listed
August 23, 2024
Updated
Map
120 Carmelito AVE
MONTEREY CA, 93940
Interior Features
Bedrooms
11
Total Bathrooms
7.5
Full Bathrooms
7
Half Bathrooms
1
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.48 Acres
Roof
Composition, Shingle
Sewer
Public Sewer
School Information
School District
Monterey Peninsula Unified
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
Listing History
Date | Event | Price |
---|---|---|
7/19/2024 | Active | — |
6/15/2024 | Under contract | — |
5/18/2024 | Price change | $2,550,000 -9% |
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 Katherine Hudson | CA DRE# 01363054 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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Data last updated 10:49 AM UTC, 8/23/2024