Multi-family Investment property w tremendous upside. Large flat lot over 3/4 acre with existing structures. Fix em up,rent em out, cash flow. Property has long history as rental property and a recent Stipulated Ageement w N Monterey County to allow 8 residential(4 single family, 2 duplex) and one commercial office… Read More unit for next owner. All properties need work to make rent ready however for right investor the juice is worth the squeeze. Buyer to verify all zoning, allowable uses, unit count , property condition, sq ft as Seller and agent advise Buyer to complete thorough due diligence and review existing documents prior to making offer. Read Less
Courtesy of eXp Realty of California Inc, Andy Kay 831-239-9002
Listing Snapshot
Days Online
15
Last Updated
Property Type
Five Or More Units
Square Ft.
8,000
Lot Size
0.79 Acres
Year Built
1967
MLS Number
ML81992648
30 Days Snapshot Of 95076
$1,026k
+14%
(avg) sold price
8
-20%
homes sold
33
-15%
(avg) days on market
Snapshot
Area Map
Additional Details
Lot
Max Area: 34412.00, Max Area Units: Square Feet, Lot is 0.78999081726354 acres
Accessibility Features
Parking
Building
8,000 structure square feet, Age: 58, Built in 1967, 7 buildings, 9 minimum units in complex
Cooling
None
Floors
Vinyl / Linoleum
Foundation
Concrete Perimeter, Other
Garage
Off-Street Parking, Parking Area
Water Features
Public
Heating
Wall Furnace
Tenant Pays
None
Miscellaneous
Total expenses: 0
Parking
24 parking spaces
Property
Zoning: LC
Roof
Composition
Security Features
None
Taxes
Annual tax amount: $0
Sewer
Sewer - Public
Utilities
Separate Electric, Separate Gas, Public Utilities
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The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the MLSListingsTM MLS system. Real estate listings held by brokerage firms other than the office represented by this website 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. The broker providing this data believes the data to be correct, but advises interested parties to confirm all information before relying on it for a purchase decision. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings last updated on .
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