120 Carmelito Avenue
Monterey, CA 93940
- – beds
- – baths
- 4,389 sqft
- ~1/2 acre lot
- $535 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 2, 2025
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MLS# ML81938118 —
This property 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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Building Area Units:Square Feet
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Building Area Total:4389
Room Dimensions
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Living Area:4389
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Living Area Units:Square Feet
The Property
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Property Type:Residential Income
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Property Subtype:OTHER
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Parcel Number:001672019000
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Zoning:CO
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Lot Size Area:0.39
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Lot Size Acres:0.39
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Lot Size SqFt:17043
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Lot Size Units:Acres
Listing Agent
- Contact info:
- Agent phone:
- (831) 902-0777
The Listing
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Listing Terms:Cash
Heating & Cooling
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Heating:Wall Furnace
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Heating:true
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Cooling:No Air Conditioning
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Cooling:true
Schools
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High School District:Monterey Peninsula Unified
The Community
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Association:false
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).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’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).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
2/14/25
Feb 14, 2025
|
Pending | BRIDGE | $2,350,000 | |
|
1/30/25
Jan 30, 2025
|
Relisted | BRIDGE | $2,350,000 | |
|
12/9/24
Dec 9, 2024
|
Pending | BRIDGE | $2,350,000 |
