457 Spencer Street
Monterey, CA 93940

  • – beds
  • – baths
  • – sqft
  • 5,850 sqft lot
  • 1975 build
  • on site

Attention 1031 exchangers, investors or even second home searchers!!! Here is a rare opportunity to own a unique New Monterey 4 unit apartment complex with a spacious apx 1934 SF penthouse on top featuring expansive views of Monterey Bay and city lights. Also rare is the fact that all 4 units have been remodeled with updated flooring, countertops, stainless steel appliances, new windows, sliding glass doors, and paint inside and out. The penthouse boasts 3 bedrooms and 2.5 baths including a primary suite, open beam ceilings and a wall of windows facing the Monterey Bay. There is a fireplace in the roomy living room, plus a dedicated dining room, ample kitchen, a dedicated laundry room and an apx. 151 SF deck. Below is a roughly 913 SF 2 bed, 1 bath unit and an approximately 714 SF 1 bed, 1 bath unit, both with bay views. Lastly, is an apx 978 SF 2 bedroom, 1.5 bath, townhouse style unit with the living space below and the bedrooms above w/ a private backyard. In total there is over 4500 SF of living space! Other amenities include 4 car garage, a community laundry room, a large storage area, several decks and new insulated top of the line garage doors. What a great opportunity to keep one for yourself and rent the rest out!

California Regional MLS logo Listed By CRMLS_CA / Monterey Peninsul... / KW Coastal Estates

Last checked: Checking… • Last updated May 15, 2024 •

MLS# ML81962259 —

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

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Walk Score®

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Sale history

Date Event Source Price % Change
4/19/24
Listed / Active CRMLS_CA $3,500,000 85.2% (12.1% / YR)
4/3/17
BRIDGE $1,890,000
2/12/17
Sold Subject To Contingencies MLSLISTINGS

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This multifamily located in New Monterey, Monterey, CA 93940 is currently for sale for $3,500,000. 457 Spencer Street is a – square foot multifamily with – beds and – baths that has been on Estately for 28 days. 457 Spencer Street is in the New Monterey neighborhood of Monterey and has a WalkScore® of 90, making it very walkable. This multifamily is in the attendance area of Monterey High School, Walter Colton Middle School, and Monte Vista Elementary School.

California Regional MLS logo Listing Courtesy of: CRMLS_CA and KW Coastal Estates. Based on information from California Regional Multiple Listing Service, Inc. as of 23:56 on May 16.

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