7
See all 7 photos
$2,075,000
Est. payment /mo
4 BD
4 BA
3,130 SqFt
Price Dropped by $225K
1251 1St St Monterey, CA 93940
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UPDATED:
02/09/2025 10:14 AM
Key Details
Property Type Multi-Family, Commercial
Sub Type Five or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 3,130 sqft
Price per Sqft $662
MLS Listing ID CC41076948
Bedrooms 4
Originating Board Contra Costa Association of Realtors
Year Built 1950
Lot Size 6,100 Sqft
Property Sub-Type Five or More Units
Property 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!
Location
State CA
County Monterey
Area Oak Grove
Interior
Heating Wall Furnace
Cooling None
Flooring Laminate, Tile
Exterior
Exterior Feature Stucco
Parking Features Assigned Spaces, Attached Garage
Garage Spaces 4.0
Roof Type Composition
Building
Lot Description Regular
Sewer Sewer - Public
Others
Tax ID 001-824-008000
Special Listing Condition Not Applicable
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Listed by Loren Eva Ybarra • Exp Realty of California Inc.