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Listed by Doug Steiny • Sotheby's International Realty
$ 1,525,000
Est. payment | /mo
5 Beds
4 Baths
1,975 SqFt
$ 1,525,000
Est. payment | /mo
5 Beds
4 Baths
1,975 SqFt
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,975 sqft
Price per Sqft $772
MLS Listing ID ML82018516
Bedrooms 5
Full Baths 4
Year Built 1954
Lot Size 6,507 Sqft
Property Sub-Type Triplex
Property Description
Ocean Views, Vintage Charm & Rental Income in Old Monterey! Experience the charm of Old Monterey with this rare triplex offering ocean views and strong income potential. Set on a spacious 6,500 sq. ft. street-to-alley lot, the property features a 1,369 sq. ft. main home with 2 bedrooms and 1 bath vacant and ready for your vision. An attached 605 sq. ft. 1-bedroom, 1-bath unit rents for $1,795/month, while a detached 934 sq. ft. 2-bedroom, 2-bath unit with ocean views earns $2,450/month. A 2-car garage and flexible layout add to the appeal, making this an ideal opportunity to live in one unit while generating steady rental income or to create a dream compound. Located near the Wharf, MIIS, downtown Monterey, beaches, and all the natural beauty of the Monterey Peninsula, this is a truly special property with endless possibilities.
Location
State CA
County Monterey
Area Old Town Monterey
Zoning R 3-5
Interior
Heating Central Forced Air
Cooling None
Exterior
Parking Features Attached Garage
Garage Spaces 2.0
Utilities Available Public Utilities
Roof Type Other
Building
Story 2
Foundation Concrete Perimeter and Slab
Sewer Sewer - Public
Water Public
Level or Stories 2
Others
Tax ID 001-375-036-000
Security Features None
Horse Property No
Special Listing Condition Not Applicable
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Pete Ruiz
Team Lead | License ID: 01974535