120 Carmelito AVE
Monterey, CA 93940

  • – beds
  • – baths
  • 4,389 sqft
  • ~1/2 acre lot
  • $637 per sqft
  • 1900 build
  • on site

Unique opportunity to own a two-parcel, multi-unit, estate compound in a central Monterey location. Consisting of two separate and independently parceled contiguous lots: 120 Carmelito Avenue and 942 Munras Avenue, each parcel contains individual improvements. There are 7 units in total, comprised of a 3 bedroom, 2 bath home, a two bedroom unit, 3 one bedroom units, a loft studio unit, and a stand alone commercial office. In addition, there are storage areas, parking and a workshop. The two properties offer a total of approximately 21,000 square feet of land and 5,000 square feet of improvements. Currently, 6 of the units are rented and the property is professionally managed. Owned by the same family for many years, this exceptional property is located within walking distance to downtown Monterey. The two parcels and improvements are being sold in their "As Is" present condition and are being sold together.

MLSLISTINGS logo Listing courtesy of MLSLISTINGS / Jim Lowell / The Agency

Last checked: Checking… • Last updated Apr 18, 2024 •

MLS# 81938118 —

This property is listed in more than one place. See it here, and here, and here, and here, and here.

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Sale history

Date Event Source Price % Change
12/7/23
Price Changed MLSLISTINGS $2,800,000 -27.3%
8/11/23
Listed / Active MLSLISTINGS $3,850,000

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Listing provided by broker:

Jim Lowell

The Agency

831-902-0777

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This multifamily located in Monterey Vista, Monterey, CA 93940 is currently for sale for $2,800,000. 120 Carmelito AVE is a 4,389 square foot multifamily with – beds and – baths that has been on Estately for 261 days. 120 Carmelito AVE is in the Monterey Vista neighborhood of Monterey and has a WalkScore® of 77, making it very walkable. This multifamily is in the attendance area of Monterey High School, Monte Vista Elementary School, and Walter Colton Middle School.

MLSLISTINGS logo Listing courtesy of The Agency

MLSLISTINGS logo Listing Courtesy of: MLSLISTINGS, data current as of 08:59 on Apr 27.

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