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1251 1st St
For Sale $2,075,000
$2,075,000
- 5 Units
- Unknown Sq Ft
- 6,100 Sq Ft
- Unknown Cap Rate
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!
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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $2,075,000 |
| Property Type | Multi-Family |
| Usable Sqft | Unknown |
| Number of Stories | 0 stories |
| Parking Spots | 4 spots |
| Year Built | 1950 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| HOA Fees: | $0 |
| Association Name: | Unknown |
| Association Amenities: | Unknown |
| APN # | 001824008000 |
| MLS # | 41076948 |
| Property ID | 320967194 |
| Lot Sqft | 6,100 |
| Zoning | Unknown |
| Total Units | 5 |
| Days on Market | 133 |
| Original List Price | $2,300,000 |
| Date Updated | February 09, 2025 |
| Date Created | October 18, 2024 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
Loren Eva Ybarra an agent of . Lic #02138632
© 2025 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of February 09, 2025 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Robert Crawford
REAL ESTATE AGENT