120 Carmelito AVE
Monterey, CA 93940
- 11 beds
- 7.5 baths
- 5,033 sqft
- ~1/2 acre lot
- $466 per sqft
- 1900 build
- – on site
Unique opportunity to own a two-parcel, multi-unit, estate compound in a central Monterey location. Consisting of two separate and independently parceled contiguous lots: 120 Carmelito Avenue and 942 Munras Avenue, each parcel contains individual improvements. There are 7 units in total, comprised of a 3 bedroom, 2 bath home, a two bedroom unit, 3 one bedroom units, a loft studio unit, and a stand alone commercial office. In addition, there are storage areas, parking and a workshop. The two properties offer a total of approximately 21,000 square feet of land and 5,000 square feet of improvements. Currently, 6 of the units are rented and the property is professionally managed. Owned by the same family for many years, this exceptional property is located within walking distance to downtown Monterey. The two parcels and improvements are being sold in their "As Is" present condition and are being sold together.
Last checked:
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Last updated Apr 3, 2025
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MLS# 81938121 —
This home is listed in more than one place. See it here, and here, and here, and here, and here.
The Building
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Year Built:1900
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Age:123
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Type:Detached
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Subclass:Single Family Home
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Roofing:Composition, Shingle
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Foundation:Concrete Perimeter and Slab
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Structure SqFt:5033
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Structure SqFt Source:Other
Interior
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Dining Room:No Formal Dining Room
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Family Room:No Family Room
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Additional Rooms:Office Area, Storage
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Fireplace:No
Room Dimensions
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Living SqFt:5033
Location
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Cross Street:Munras Avenue
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City Limits:Yes
The Property
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Lot Acres:0.4816
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Lot Size Area Min:20979.00
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Zoning:CO
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Parcel Number:001-672-019-000
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Horse Property:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Property ID:81938121
Beds
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Total:11
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Beds Max:11
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Beds Min:11
Baths
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Full Baths:7
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Half Baths:1
The Listing
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Additional Listing Info:Not Applicable
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Automated Valuations Allowed:1
Heating & Cooling
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Cooling Methods:None
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Heating Methods:Wall Furnace
Utilities
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Utilities:Public Utilities
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Sewer/Septic System:Sewer - Public
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Water Source:Public
The Community
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HOA:No
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Pool:No
Parking
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Description and Access:Off-Street Parking, On Street
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Parking Spaces:1
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Garage:1
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Garage:1
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Garage Spaces:1
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Carport:1
Monthly cost estimate
Asking price
$2,350,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$12,583
|
| Taxes | N/A |
| Insurance | $646 |
| Utilities | $380 See report |
| Total | $13,609/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
2/13/25
Feb 13, 2025
|
Sold Subject To Contingencies | MLSLISTINGS | $2,350,000 | |
|
1/30/25
Jan 30, 2025
|
Listed / Active | MLSLISTINGS | $2,350,000 | |
|
12/7/24
Dec 7, 2024
|
Sold Subject To Contingencies | MLSLISTINGS | $2,350,000 |
