Looking for a PREMIER coastal asset to add to your portfolio? RARE Carmel-by-the-Sea SOLID investment opportunity just moments from the Ocean with a stunning ROOFTOP PATIO offering sweeping coastal views. This perfectly positioned FOURPLEX, built in 2010, combines coastal charm, modern convenience and a strong income history in one of California's most sought-after destinations. All Tenants on lease. Gorgeous, low maintenance landscaping, locked/gated building access with a tiled, split 3 story staircase and an elevator which provides convenient access throughout the building. All units located on 1st and 2nd story - 3rd story is Rooftop Patio only. Private garage, extra garage storage units and gated/locked entrance to the building, Separate meters for PG&E and water. Radiant floor heating in each unit. Ideally located within walking distance to the beach, world-class dining, boutique shopping and the vibrant village atmosphere of Carmel-by-the-Sea, this property offers an unbeatable combination of lifestyle and investment appeal. Whether expanding your portfolio or securing a legacy property in a premier coastal market, opportunities like this are exceptionally hard to find. This fully occupied fourplex has a strong rental history making it an excellent investment.
For sale
Price cut: $450K (9/2)
$3,200,000
Torres St, Carmel By The Sea, CA 93921
7beds
7baths
2,822sqft
Quadruplex, Residential Income
Built in 2010
-- sqft lot
$3,042,700 Zestimate®
$1,134/sqft
$-- HOA
What's special
- 111 days
- 2,398
- 129
Zillow last checked:
Listing updated:
Listed by:
Charlene King 00813665 831-801-5464,
CENTURY 21 Masters 831-245-0321,
Shannan Matthews 01700762 831-801-0744,
CENTURY 21 Masters
Source: MLSListings Inc,MLS#: ML82051782
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 7
Heating
- Central Forced Air, Fireplace(s), Radiant Floor
Cooling
- Central Air
Appliances
- Included: Dishwasher, Microwave, Refrigerator, Washer/Dryer
Features
- Flooring: Hardwood
Interior area
- Total structure area: 2,822
- Total interior livable area: 2,822 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Attached, On Street
- Garage spaces: 2
- Has carport: Yes
Accessibility
- Accessibility features: Elevator/Lift
Features
- Stories: 3
- Has view: Yes
- View description: Ocean
- Has water view: Yes
- Water view: Ocean
Lot
- Size: 4,000 Square Feet
Details
- Parcel number: 010432001000
- Zoning: R-4
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Residential Income
Materials
- Foundation: Slab
- Roof: Tile
Condition
- Year built: 2010
Utilities & green energy
- Gas: PublicUtilities
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Public Utilities, Water Public, Individual Electric Meters
Community & HOA
Location
- Region: Carmel By The Sea
Financial & listing details
- Price per square foot: $1,134/sqft
- Date on market: 6/21/2026
- Listing agreement: ExclusiveRightToSell
- Inclusions: Building, DishwasherAllUnits, Land, OvenRangeAllUnits
Estimated market value
$3,042,700
$2.89M - $3.19M
$4,960/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/2/2026 | Price change | $3,200,000-12.3%$1,134/sqft |
Source: | ||
| 6/22/2026 | Listed for sale | $3,650,000$1,293/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 93921
Nearby schools
Schools provided by the listing agent
- District: CarmelUnified
Source: MLSListings Inc. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.






