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Listed by Shawki Farhat • Raeid Farhat Real Estate Inc, DRE#02225210
$ 2,400,000
Est. payment | /mo
8 Beds
5 Baths
5,544 SqFt
$ 2,400,000
Est. payment | /mo
8 Beds
5 Baths
5,544 SqFt
Key Details
Property Type Commercial
Sub Type Five or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 5,544 sqft
Price per Sqft $432
MLS Listing ID ML82063658
Bedrooms 8
Full Baths 5
Year Built 1940
Lot Size 0.572 Acres
Property Sub-Type Five or More Units
Property Description
Fully occupied, this ten-unit multifamily investment property features a mix of stand-alone residences and duplexes, all on one parcel. With six two-bedroom units and four one-bedroom units, the property offers established rental income and an opportunity to build long-term value through future improvements. Conveniently located near restaurants, the beach, and Highway 1.
Location
State CA
County Monterey
Area Lower Broadway
Zoning RH
Interior
Heating Wall Furnace
Cooling None
Exterior
Parking Features Other
Utilities Available Public Utilities
Roof Type Shingle
Building
Foundation Concrete Perimeter
Sewer Sewer - Public
Water Public
Others
Restrictions None
Tax ID 012-061-027-000
Security Features None
Special Listing Condition Not Applicable
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Pete Ruiz
Team Lead License ID: 01974535