Exceptional turnkey investment opportunity featuring 12 fully remodeled units perched atop the hill in highly desirable New Monterey. Each unit has been thoughtfully updated with upgraded flooring, new kitchens, beautifully remodeled bathrooms, and new windows, providing a modern and attractive living environment for tenants. Every unit also includes a private… Read More garage, while select units offer beautiful ocean views. A secure gated entrance provides added privacy and peace of mind for residents. The property also presents significant ADU potential for investors looking to expand and maximize the property's future upside. Ideally located near the DLI entrance and within close proximity to New Monterey, Pacific Grove, and Pebble Beach, this property offers exceptional convenience and access to some of the Monterey Peninsula's most sought-after destinations. With its extensive renovations, private garages, gated setting, ocean views, desirable location, and potential for future expansion, this is a rare opportunity to acquire a one-of-a-kind investment in the highly desirable Monterey market. Read Less
Courtesy of Real Brokerage Technologies, The C Group 831-601-8936
Listing Snapshot
Days Online
0
Last Updated
Property Type
Five Or More Units
Square Ft.
7,576
Lot Size
0.23 Acres
Year Built
1964
MLS Number
ML82063945
30 Days Snapshot Of 93940
$1.53M
+50%
(avg) sold price
18
-28%
homes sold
50
-9%
(avg) days on market
Snapshot
Area Map
Additional Details
Lot
Max Area: 10000.00, Max Area Units: Square Feet, Lot is 0.22956841138659 acres
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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