429 Larkin ST new

Monterey,CA 93940

$ 2100000

5 Beds

3.5 Baths

6351 SqFt


Key Details

Property Type Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 6,351 sqft

Price per Sqft $330

MLS Listing ID ML81998873

Bedrooms 5

Full Baths 3

Half Baths 1

Year Built 1956

Lot Size 9,200 Sqft

Property Sub-Type Five or More Units

Property Description

Welcome to 429 Larkin St. Monterey, CA. This is a rare opportunity to acquire a 6-unit multifamily property in 1 of Monterey's most desirable neighborhoods Spaghetti Hill, w/ a mix of two-bedroom & one-bedroom units across two buildings in a tight rental market. There are 2 multi-unit buildings each with 2 stories of living area, stucco exteriors, aluminum windows, and composition roofs. The north building features 2 floors of apartments, with 2 units on each floor. These units range in size from 798-876 sf and have 1-2 bedrooms each. All units have 1 bathroom. Interior features tile/stone countertops, wood cabinets, sun rooms, fireplaces, flooring is tile, vinyl, and carpet. The south building has a 1,406 sf unit on the upper floor and a 710 sf unit on the lower floor. Both units feature two bedrooms and one full bathroom; the upper unit also features a half bathroom. Interior features include wood cabinets, laminate and tile floors, and formica countertops. The upstairs unit has a porch area and sun room, while the lower unit has a large yard area. Underneath the northern building units are three single-car garages of 250 sf each and a basement. This is a trust sale with the proceeds going to charity - make an offer. Tour to see the inside of the units on Thur Mar 28 11-1pm.

Location

State CA

County Monterey

Area Old Town Monterey

Zoning R3 Residential Medium Density Multifamily

Interior

Heating Wall Furnace

Cooling None

Exterior

Parking Features Common Parking Area

Garage Spaces 3.0

Utilities Available Public Utilities

View City,Ocean

Roof Type Composition

Building

Foundation Crawl Space

Sewer Sewer - Public

Water Public

Others

Special Listing Condition Not Applicable

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