Active

1251 1St St

Monterey CA, 93940

$2,300,000


Active

Residential

Built in 1950

Listed by Loren Eva Ybarra with Exp Realty of California Inc. 925-494-5430

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!

41076948

MLS ID

October 18, 2024

Listed

October 26, 2024

Updated

Map

1251 1St St
Monterey CA, 93940

Interior Features

Fireplace

No


Cooling

Yes


Cooling Description

None


Heating

Yes


Heating Description

Wall Furnace

Exterior/Building Features

Lot Size

0.14 Acres


Roof

Shingle

Other Property Details

Days on Market

7


Garage

No


Parking Total

4


View

No


County

Monterey


Pool

No

Listing Contact: 888-584-9427 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 10/26/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 10/26/2024 at 11:12 AM UTC

 

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