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$ 3,199,000
Est. payment | /mo
3.95 Acres Lot
$ 3,199,000
Est. payment | /mo
3.95 Acres Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML82063659
HOA Y/N No
Year Built 1968
Annual Tax Amount $35,988
Lot Size 3.949 Acres
Property Description
Fully occupied and generating income, this 10-unit multifamily property offers an opportunity to acquire six buildings with a desirable mix of four three-bedroom units, five two-bedroom units, and one large one-bedroom unit. Updated units, larger floor plans, and strong tenant retention contribute to its investment appeal. Located just off Highway 1 near major employers, transportation, and everyday amenities, the property combines convenience for tenants with established rental income for the owner. With all 10 units occupied, investors can step into an income-producing property with opportunities to build long-term value through thoughtful improvements and efficient management.
Location
State CA
County Monterey
Area 699 - Not Defined
Zoning RC
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Exterior
Carport Spaces 10
Roof Type Composition
Total Parking Spaces 10
Building
Water Public
Schools
School District Other
Others
Tax ID 117481034000
Special Listing Condition Standard
Listed by Shawki Farhat Raeid Farhat Real Estate Inc #02225210
Nearby Locations
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880 Roosevelt Suite 250, Irvine, California 92620, United States