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10451047 Cass Street

Monterey, CA 93940
  • $1,195,000
  • STATUS: Active
  • ON SITE: 26 Days
  • ID#: ML81889212
UPDATED: 44 min ago
$1,195,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1924
County:

School Ratings & Info

Listing Agent(s): James Kendall of Baird Partnership, Inc. (831-646-1919)


Description

The property has two houses located on a large oversized 10,600 sq. ft. lot. Both units are 2 bed/1bath units. The front unit is leased out at below market rent while the back unit is vacant and has some deferred maintenance. Located on Monterey's pill hill where many of the surrounding buildings are occupied by medical uses, the Commercial Office zoning allows this property to be restored as a small multi-family or converted into office space. Situated close enough to stroll downtown giving easy access to locally owned restaurants, unique shops, an ocean-side recreation trail, the Monterey Bay Aquarium, world-renowned golf courses, and many other activities to enjoy. Live in one unit and rent the other.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-25T20:35:37.52. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Houston Team | Compass CA DRE#01991628. Licensed in the State of California, USA.
www.northsdrealty.com/homes/128176494
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10451047 Cass Street Monterey, CA 93940

  • Price: $1,195,000
  • Status: Active
  • On Site: 26 Days
  • Updated: 44 min ago
  • ID#: ML81889212
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1924
Built
Neighborhood:
699 - Not Defined
County:
Monterey
Area:
699 - Not Defined
Property Description
The property has two houses located on a large oversized 10,600 sq. ft. lot. Both units are 2 bed/1bath units. The front unit is leased out at below market rent while the back unit is vacant and has some deferred maintenance. Located on Monterey's pill hill where many of the surrounding buildings are occupied by medical uses, the Commercial Office zoning allows this property to be restored as a small multi-family or converted into office space. Situated close enough to stroll downtown giving easy access to locally owned restaurants, unique shops, an ocean-side recreation trail, the Monterey Bay Aquarium, world-renowned golf courses, and many other activities to enjoy. Live in one unit and rent the other.
Exterior Features

Carport Spaces 0 Lot Features Back Yard Parking Features Off StreetOn Street Parking Total 0 Roof Composition

Interior Features

Accessibility Features Parking Cooling None Cooling YN No Heating Fireplace(S)WoodWall Furnace Heating YN Yes

Property Features

Cap Rate -0.5 Garage YN No Gross Scheduled Income 12000 Insurance Expense 0 Listing Agreement Exclusive Right To Sell Maintenance Expense 0 Special Listing Conditions Standard Trash Expense 0 Zoning Co - Commercial Office



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-25T20:35:37.52. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Houston Team | Compass CA DRE#01991628. Licensed in the State of California, USA.
 
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The Houston Team | Compass CA DRE#01991628
2100 Costa Del Mar
Carlsbad CA, 92009
Listing Agent(s): James Kendall of Baird Partnership, Inc. (831-646-1919)