457 Spencer Street, MONTEREY, CA 93940 (MLS # ML81962259)

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PRICE $3,500,000 dsIDX morgage calculator
BEDS 0
BATHS 0
HOME SIZE 4,539 sqft
LOT SIZE 5,851 sqft

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!

LAST UPDATED 4/19/2024 YEAR BUILT 1975
GARAGE SPACES 4.0 COUNTY Monterey
STATUS Active PROPERTY TYPE(S) Multi Family


ADDITIONAL DETAILS
AIR Ceiling Fan(s)
AIR CONDITIONING Yes
APPLIANCES Cooktop, Dishwasher, Microwave, Oven, Range
BUYER'S BROKERAGE COMPENSATION 2.25
CONSTRUCTION Frame
GARAGE Attached Garage, Yes
HEAT Central, Forced Air
INTERIOR Vaulted Ceiling(s), Wet Bar
LOT 5850 sq ft
LOT DESCRIPTION Sloped
LOT DIMENSIONS 5850.00
PARKING Attached
SEWER Public Sewer
STORIES 3
STYLE Contemporary
VIEW Yes
VIEW DESCRIPTION Bay, Ocean
ZONING R3
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Listed by Monterey Peninsula Home Team | 831-601-3284, KW Coastal Estates

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the MLSListings™ MLS system. All real estate listings in the MLSListings MLS system are marked with the MLSListings Internet Data Exchange icon (a stylized house inside a circle), and detailed information about them includes the names of the listing brokers and listing agents.

 

Based on information from MLSListings MLS as of 5/3/24 5:01 AM PDT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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This IDX solution is (c) Diverse Solutions 2024.


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