1251 1St St, Monterey, CA 93940

Multi-Family Home
Built in 1950
6,098sqft lot
—— car garage
$——/sqft
Listed 10 months ago

Property Description

Welcome to an exceptional investment opportunity featuring a prime commercial space, a four-unit apartment building with garage parking, and am additional, spacious parking lot. The commercial space, strategically located on a bustling street, boasts large windows that flood the interior with natural light, creating an inviting atmosphere for potential businesses. The four-unit apartment building offers modern living with well-appointed units making it an attractive option for renters. There are 3 single car garage spaces for storage or parking as well. This property will also include 1260 Del Monte Ave; a generous parking lot, convenient for both residents and customers. This multifaceted asset not only promises a steady income stream but also positions you in a vibrant community with endless potential for growth. Close to the Naval Postgraduate School, Fisherman’s Wharf, Del Monte beach, and downtown Monterey!

Listing Status:: Active
Date Added:: October 18, 2024 at 05:00AM
Listing Office:: Exp Realty of California Inc. : 888-584-9427
Listing Agent:: Loren Eva Ybarra : 925-494-5430
MLS ID:: 41076948

A/C: None
Heating: Wall Furnace

This listing courtesy of Loren Eva Ybarra, Exp Realty of California Inc.

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

La Mesa Elementary School

1 La Mesa Way, Monterey, CA, 93940

Grades KG-5

1.33 miles away

Walter Colton

100 Toda Vis, Monterey, CA, 93940

Grades 6-8

1.84 miles away

Monterey Peninsula Unified School District Community Day High School

200 Coe Ave, Seaside, CA, 93955

Grades 9-12

1.08 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.