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Listed by Doug Steiny • Sotheby's International Realty
$ 1,525,000
Est. payment | /mo
5 Beds
4 Baths
1,975 SqFt
$ 1,525,000
Est. payment | /mo
5 Beds
4 Baths
1,975 SqFt
Open House
Sat Aug 23, 2:00pm - 4:00pm
Sun Aug 24, 2:00pm - 4:00pm
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 1,975 sqft
Price per Sqft $772
MLS Listing ID ML82018507
Bedrooms 5
Full Baths 3
HOA Y/N No
Year Built 1954
Lot Size 6,507 Sqft
Property Sub-Type Detached
Source Datashare MLSListings
Property Description
Ocean Views, Vintage Charm & Rental Income in Old Monterey! Experience the charm of Old Monterey with this rare triplex offering ocean views and strong income potential. Set on a spacious 6,500 sq. ft. street-to-alley lot, the property features a 1,369 sq. ft. main home with 2 bedrooms and 1 bath vacant and ready for your vision. An attached 605 sq. ft. 1-bedroom, 1-bath unit rents for $1,795/month, while a detached 934 sq. ft. 2-bedroom, 2-bath unit with ocean views earns $2,450/month. A 2-car garage and flexible layout add to the appeal, making this an ideal opportunity to live in one unit while generating steady rental income or to create a dream compound. Located near the Wharf, MIIS, downtown Monterey, beaches, and all the natural beauty of the Monterey Peninsula, this is a truly special property with endless possibilities.
Location
State CA
County Monterey
Interior
Heating Forced Air
Cooling None
Fireplaces Type Living Room
Fireplace Yes
Exterior
Garage Spaces 2.0
Private Pool false
Building
Story 2
Water Public
Schools
School District Monterey Peninsula Unified, Monterey Peninsula Unified
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Qayes Abdulla
REALTOR® | Lic# DRE# 02150727