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Key Details
Sold Price $1,500,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID ML81992648
Sold Date 02/21/25
HOA Y/N No
Year Built 1967
Lot Size 0.790 Acres
Property Description
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 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.
Location
State CA
County Monterey
Area 699 - Not Defined
Zoning LC
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Exterior
Roof Type Composition
Total Parking Spaces 24
Building
Water Public
Schools
School District Other
Others
Tax ID 117361004000
Financing Cash
Special Listing Condition Standard
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Bought with Gloria Melo • RE/MAX Gold