Looking for a PREMIER coastal asset to add to your portfolio? RARE Carmel-by-the-Sea SOLID investment opportunity just moments from the Ocean with a stunning ROOFTOP PATIO offering sweeping coastal views. This perfectly positioned FOURPLEX, built in 2010, combines coastal charm, modern convenience and a strong income history in one of California's most sought-after destinations. All Tenants on lease. Gorgeous, low maintenance landscaping, locked/gated building access with a tiled, split 3 story staircase and an elevator which provides convenient access throughout the building. All units located on 1st and 2nd story - 3rd story is Rooftop Patio only. Private garage, extra garage storage units and gated/locked entrance to the building, Separate meters for PG&E and water. Radiant floor heating in each unit. Ideally located within walking distance to the beach, world-class dining, boutique shopping and the vibrant village atmosphere of Carmel-by-the-Sea, this property offers an unbeatable combination of lifestyle and investment appeal. Whether expanding your portfolio or securing a legacy property in a premier coastal market, opportunities like this are exceptionally hard to find. This fully occupied fourplex has a strong rental history making it an excellent investment.

Carmel is located in California. Carmel, California has a population of 12,787. Carmel is less family-centric than the surrounding county with 23.08% of the households containing married families with children. The county average for households married with children is 35.83%.
The median household income in Carmel, California is $107,255. 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 Carmel is 60.4 years.
The average high temperature in July is 68 degrees, with an average low temperature in January of 41.3 degrees. The average rainfall is approximately 16.5 inches per year, with 0.1 inches of snow per year.