Bought with Juan Mancheno • Carmel By The Sea Realty
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429 Larkin ST Monterey, CA 93940
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Key Details
Sold Price $2,100,000
Property Type Commercial Multi-Residential (5 units)
Sub Type Five or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 6,351 sqft
Price per Sqft $330
MLS Listing ID ML81998873
Bedrooms 5
Full Baths 3
Half Baths 1
Year Built 1956
Lot Size 9,200 Sqft
Property Sub-Type Five or More Units
Property Description
Welcome to 429 Larkin St. Monterey, CA. This is a rare opportunity to acquire a 6-unit multifamily property in 1 of Monterey's most desirable neighborhoods Spaghetti Hill, w/ a mix of two-bedroom & one-bedroom units across two buildings in a tight rental market. There are 2 multi-unit buildings each with 2 stories of living area, stucco exteriors, aluminum windows, and composition roofs. The north building features 2 floors of apartments, with 2 units on each floor. These units range in size from 798-876 sf and have 1-2 bedrooms each. All units have 1 bathroom. Interior features tile/stone countertops, wood cabinets, sun rooms, fireplaces, flooring is tile, vinyl, and carpet. The south building has a 1,406 sf unit on the upper floor and a 710 sf unit on the lower floor. Both units feature two bedrooms and one full bathroom; the upper unit also features a half bathroom. Interior features include wood cabinets, laminate and tile floors, and formica countertops. The upstairs unit has a porch area and sun room, while the lower unit has a large yard area. Underneath the northern building units are three single-car garages of 250 sf each and a basement. This is a trust sale with the proceeds going to charity - make an offer. Tour to see the inside of the units on Fri Mar 28 1-3pm.
Location
State CA
County Monterey
Area Old Town Monterey
Zoning R3 Residential Medium Density Multifamily
Interior
Heating Wall Furnace
Cooling None
Exterior
Parking Features Common Parking Area
Garage Spaces 3.0
Utilities Available Public Utilities
View City, Ocean
Roof Type Composition
Building
Foundation Crawl Space
Sewer Sewer - Public
Water Public
Others
Special Listing Condition Not Applicable
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