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Sold for $3,556,400
  • $3,556,400

    1st St, Monterey, CA 93940

    4beds
    3baths
    8,364sqft
    Five Or More Units, Residential Income
    Built in 1975
    -- sqft lot
    $4,087,700 Zestimate®
    $425/sqft
    $3,804 Estimated rent

    Home value

    $4,087,700

    $3.56M - $4.78M

    $3,804/mo

    Zestimate® history
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    $3,804/mo

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    Rent Zestimate®

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    $22,301/mo

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    $22,301/mo

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    What's special

    Individual gas water heatersCommercial coin operated washers
    Opportunity Knocks! Great location just two blocks from the ocean and 3 blocks to NPS. Units in nice condition and rarely vacant. Each unit has designated carport with lockable storage room behind. Common area laundry room with two commercial coin operated washers and two dryers. All units have individual gas water heaters and gas forced air furnaces. No deferred maintenance and well maintained property makes this a great investment opportunity with mostly long term tenants in prime location.

    Zillow last checked:

    Listing updated:

    Listed by:

    Steve Mast 00648524 831-384-0422,

    Mast Realty 831-384-0422

    Bought with:

    , 70010203

    Platinum One Real Estate

    Source: MLSListings Inc,MLS#: ML81949902MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    Kitchen
    • Features: Countertop_Formica, ExhaustFan
    Heating
    • Central Forced Air Gas
    Cooling
    • None
    Appliances
    • Included: Dishwasher, Exhaust Fan, Range Hood, Electric Oven/Range
    • Laundry: Coin Operated
    Features
    • Flooring: Carpet, Vinyl Linoleum
    • Doors: None
    Interior area
    • Total structure area: 8,364
    • Total interior livable area: 8,364 sqft

    Property

    Parking
    • Parking features: Assigned, Carport, Off Street
    • Has carport: Yes
    Accessibility
    • Accessibility features: None
    Lot
    • Size: 10,018 sqft
    • Features: Mostly Level
    Details
    • Parcel number: 001826003000
    • Zoning: R4
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Traditional
    • Property subtype: Five Or More Units, Residential Income
    Materials
    • Foundation: Concrete Perimeter and Slab
    • Roof: Composition
    Condition
    • Year built: 1975

    Utilities & green energy

    • Gas: IndividualGasMeters, NaturalGas, PublicUtilities
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Natural Gas Available, Public Utilities, Water Public

    Community & neighborhood

    Location
    • Region: Monterey

    Other

    Other facts
    • Listing agreement: ExclusiveRightToSell
    • Listing terms: CashorConventionalLoan

    Price history

    DateEventPrice
    3/8/2024Sold$3,556,400-6.4%$425/sqft
    Source: MLSListings Inc #ML81949902 Report a problem
    2/1/2024Contingent$3,800,000$454/sqft
    Source: MLSListings Inc #ML81949902 Report a problem
    1/4/2024Pending sale$3,800,000$454/sqft
    Source: MLSListings Inc #ML81949902 Report a problem
    12/18/2023Listed for sale$3,800,000$454/sqft
    Source: MLSListings Inc #ML81949902 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 93940

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: MontereyPeninsulaUnified

    Source: MLSListings Inc. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $4,087,700
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $4,087,700