Courtesy: KW Coastal Estates
Courtesy: Coldwell Banker Realty
Courtesy: Coldwell Banker Realty
Opportunity for 1031 Exchange! Here is a seldom opportunity to purchase this large mediterranean estate located in very prestigious area of Monte Regio Peters Gate in Monterey. This unique estate features seven spacious bedrooms complete with ensuite bathrooms and personal thermostats for each of the occupants, allowing privacy. Its floor plan comprises three different entrances and three courtyards thus its use is quite flexible. Presently it is an operating Recovery Home with several leaseholders licensed by the City of Monterey. However, it also holds exceptional potential as a high-end private residence.
Located in the highly coveted, rarely available neighborhood of Oak Grove, this newly remodeled duplex awaits its next owners. Capitalize on this prime location just steps from Lake El Estero, Del Monte Beach, MPC and NPS. Situated on an immaculately landscaped corner lot, the property encompasses two renovated units, each featuring a garage, new laminate wood flooring, new interior and exterior paint, new windows, new wall heaters, and gorgeous new quartzite kitchen counters. Well suited to multi-generational living, this property is ideal for investors or first-time buyers. Live in one, and rent the other! Enter the first unit on the ground floor, and step into a light-filled living room. Pass through an informal dining area into a pristine kitchen with abundant cabinetry. Upstairs, find a full bathroom and two bright bedrooms. The second unit has an upstairs entry and offers two bedrooms, one full bathroom, and charming neighborhood views that situate it distinctly within Monterey.
Unique opportunity to own a two-parcel, multi-unit, estate compound in a central Monterey location. Consisting of two separate and independently parceled contiguous lots: 120 Carmelito Avenue and 942 Munras Avenue, each parcel contains individual improvements. There are 7 units in total, comprised of a 3 bedroom, 2 bath home, a two bedroom unit, 3 one bedroom units, a loft studio unit, and a stand alone commercial office. In addition, there are storage areas, parking and a workshop. The two properties offer a total of approximately 21,000 square feet of land and 5,000 square feet of improvements. Currently, 6 of the units are rented and the property is professionally managed. Owned by the same family for many years, this exceptional property is located within walking distance to downtown Monterey. The two parcels and improvements are being sold in their "As Is" present condition and are being sold together.
Come experience the amazing ocean views and luxurious living of this stunning duplex located near Cannery Row! This unique property offers high-end finishes and updates throughout, creating a luxurious atmosphere that you will love. On the upper level is a beautiful 1 bedroom unit with an expansive rooftop deck that offers incredible views of the entire bay. The lower level includes a 2 bedroom ground floor unit. Both units can be delivered vacant if desired, making it easy to move in or rent out immediately! This gorgeous duplex is conveniently located near some of Monterey's most popular attractions such as Cannery Row, downtown Monterey, and Pacific Grove. It is also very close to Navy Post Graduate School and Defense Language Institute for easy access to great tenants. Don't miss your chance to own this incredible duplex with breathtaking ocean views - schedule your showing today!
Monterey is located in California. Monterey, California has a population of 30,014. Monterey is less family-centric than the surrounding county with 32.5% of the households containing married families with children. The county average for households married with children is 35.83%.
The median household income in Monterey, California is $85,365. The median household income for the surrounding county is $82,013 compared to the national median of $69,021. The median age of people living in Monterey is 37.4 years.
The average high temperature in July is 66.5 degrees, with an average low temperature in January of 42.6 degrees. The average rainfall is approximately 18.2 inches per year, with 0.1 inches of snow per year.
