457 Spencer Street
Monterey, CA 93940
4539 sqft | 0.13 acres | #ML81962259
Description
Attention 1031 exchangers, investors or even second home searchers!!! Here is a rare opportunity to own a unique New Monterey 4 unit apartment complex with a spacious apx 1934 SF penthouse on top featuring expansive views of Monterey Bay and city lights. Also rare is the fact that all 4 units have been remodeled with updated flooring, countertops, stainless steel appliances, new windows, sliding glass doors, and paint inside and out. The penthouse boasts 3 bedrooms and 2.5 baths including a primary suite, open beam ceilings and a wall of windows facing the Monterey Bay. There is a fireplace in the roomy living room, plus a dedicated dining room, ample kitchen, a dedicated laundry room and an apx. 151 SF deck. Below is a roughly 913 SF 2 bed, 1 bath unit and an approximately 714 SF 1 bed, 1 bath unit, both with bay views. Lastly, is an apx 978 SF 2 bedroom, 1.5 bath, townhouse style unit with the living space below and the bedrooms above w/ a private backyard. In total there is over 4500 SF of living space! Other amenities include 4 car garage, a community laundry room, a large storage area, several decks and new insulated top of the line garage doors. What a great opportunity to keep one for yourself and rent the rest out!
Property Details
- ViewBay, CityLights, Hills, Ocean, Water
- Property TypeMulti-Family
- Sewer InformationPublicSewer
- Original List Price$3,500,000
- MLS #ML81962259
- Property SubtypeQuadruplex
- MLS #ML81962259
- CountyMonterey
- Taxes Annual$30,875
- Cost3500000
- Acres0.1343
- School DistrictOther
- Square Feet4539
- Year Built1975
- Stories3
- Parking Spaces4
Location
Legal
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Last Updated:Â . Source: CRMLS
Listing Courtesy
Listing Agent: Monterey Peninsul... (#ML5065891)
Listing Office: KW Coastal Estates (#ML5009200)
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