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$2,250,000
Est. payment /mo
2,843 SqFt
UPDATED:
12/05/2024 05:17 AM
Key Details
Property Type Multi-Family
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 2,843 sqft
Price per Sqft $791
MLS Listing ID ML81986725
HOA Y/N No
Year Built 1959
Annual Tax Amount $2,400
Lot Size 0.980 Acres
Property Description
Back on the market with beautiful capital improvements! Welcome to Highway 68/Pasteur of Heaven, an exceptional investment opportunity conveniently situated near Highway 68, providing quick access to the Monterey Peninsula and Salinas. At a strong 9.1% CAP Rate, this property is a rare find as it comprises multiple units, making it perfect for multi-generational living or serving as an investment property with the potential to generate substantial income. **Unit 1:** This is the main house with a spacious bathroom on the top floor, providing privacy and a separate entrance. It features two decks, one in the front and one at the back. Unit 1 includes a large wine rack in the kitchen, a wine cellar, a beautiful marble bath, a sauna in the back, and numerous other amenities.**Unit 2:** A newly remodeled 1-bedroom, 1-bath unit with fresh flooring and interior and exterior painting.**Unit 3:** A studio located on top of the garage, also recently remodeled with new interior and exterior paint, along with new flooring. This versatile layout offers ample space for everyone. Call now!
Location
State CA
County Monterey
Area 699 - Not Defined
Zoning R-1
Interior
Heating Central
Cooling Central Air
Fireplace No
Exterior
Parking Features Carport
Garage Spaces 2.0
Carport Spaces 2
Garage Description 2.0
View Y/N No
Roof Type Shingle
Accessibility Parking
Total Parking Spaces 4
Building
Story 1
Foundation Slab
Sewer Public Sewer
Water Well
Schools
School District Other
Others
Tax ID 173031013000
Special Listing Condition Standard
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Listed by Joe Villanueva • Villa Nueva Properties