Rare Landmark freestanding building in the heart of downtown Monterey with pull up parking which is very rare in Downtown Monterey. 7873 SF of Retail and office. Seller will consider financing with 20% down and approved financials. Steps to Trader Joes and Fisherman's Wharf, surrounded by 1500 Hotel Rooms and across the street from the Monterey Public Transport hub making it easily accessible by visitors and public transportation. Boasting a walk score of 90 and bike score of 80. After 40 years as the local pharmacy destination the building is vacant - perfect for a single tenant or split the ground floor for 2 retail users and use the existing water credits for apartment on the second floor. Proforma rents as a single tenant result in a 5% Cap
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.
Former home of Ave Maria Convalescent Hospital, this extraordinary facility is ready for transitioning. Resting on 6+ acres in a forested setting in Monterey, California, this unique property is centrally located in the sunbelt and consists of six separate structures: two patient/administrative buildings with 49 beds, housing for on-site manager, food storage/walk-in freezers, 4-car garage with workshop and storage casita. Included in this Ave Maria offering, there is a reception area, administrative offices, employee break room, commercial kitchen, two laundry areas, large basement and two activity rooms. With over 21,000 sq ft under roof and a lighted parking lot consisting of 32 parking spaces, a property with these attributes is rarely available in Monterey and deserves a place in your portfolio.
Courtesy: Sotheby's International Realty
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.
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.
The subject property located in heart of Monterey Downtown and contains retail and executive offices. This building has a two major entrances, one on Alvarado & Calle Principal, it also has an elevator and two large bathrooms. Most of tenants has been long-term. It also has private parking area on Calle Principal Street. These lease are gross Lease, owner pays all expenses, 95% are occupied. Potential for a apartment or condo development opportunity on Calle Principal Street side may request more detail through City of Monterey, and water management.
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!
The Monterey lot is situated next to Laguna Grande Park. Three lots located next to one another are for sale. The Multiple Listing picture shows fencing enclosing the three lots. Each lot has a separate Assessor's Parcel Number and can be purchased separately. Lots are land-locked. Do Not Go Direct!
Opportunity! Nestled on top of a hillside, this private 3.3 acre lot offers a generous building envelope, previous Al Saroyan plans and the views! Very few lots remain in Monterra with these type of views. Enjoy views of Fishermans Wharf and the bay to the west along with hillside and Mountain views to the east. Just minutes to Monterey and Carmel. Build your dream house or pick up where the sellers have left off.
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.
