1251 1st St,Monterey, CA 93940
Monterey, CA 93940
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!
Details
| MLS# | 41076948 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1950 |
| Days On Site | 193 |
| Listing Provided By | Exp Realty of California Inc. 888-584-9427 | Loren Eva Ybarra |
Features
| Units | 5 |
|---|---|
| Acreage | 0.14 |
Market Activity 93940
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Learn More About This Property
| State | CA |
|---|---|
| County | Monterey |
| City | Monterey |
| Zip Code | 93940 |
| Listing VS Median (in 93940) | |
Price: $1,900,000 low | high Med: $2,500,000 On site: 193 low | high Med: 112.000000 | |