Welcome to an exceptional investment opportunity featuring four unique parcels with endless opportunities! This multifaceted asset not only promises a steady income stream but also positions you in a vibrant community with endless potential for growth. Close to the Naval Postgraduate School, Fisherman’s Wharf, downtown Monterey, and steps away from Del Monte beach! Don’t miss the chance to own this gem!
This amazing investment opportunity is composed of the following properties:
1230 Del Monte Ave., Monterey:
Discover a remarkable real estate opportunity featuring a charming main house and a four-unit apartment building, ideal for both homeowners and investors. The main house boasts two spacious bedrooms and a well-appointed bathroom, offering a cozy retreat with inviting living spaces and plenty of natural light. A modern kitchen with updated appliances flows seamlessly into the living area, perfect for gatherings. The apartment building features four 1 bed, 1 bath units several of which have been recently upgraded with modern finishes. Nestled in a vibrant neighborhood, this property not only provides a comfortable home but also the potential for significant rental income, making it a versatile investment in today’s market.
1232 Del Monte Ave., Monterey:
This exceptional triplex presents a rare opportunity for both homeowners and investors.The property consists of three spacious units, each offering a comfortable living space and strong rental potential. This opportunity includes a fully updated two bedroom house, and two additional ADUs in the rear . Perfect for investors seeking steady cash flow or those looking to create a multi-unit residence, this property is a must-see.
1251 1st Street, Monterey:
With a prime commercial space, a four-unit apartment building with garage parking, and an additional, spacious parking lot. The commercial space, strategically located on a bustling street, boasts large windows that flood the interior with natural light, creating an inviting atmosphere for potential businesses. The four-unit apartment building offers modern living with well-appointed units making it an attractive option for renters. There are 3 single car garage spaces for storage or parking as well.
This property will also include 1260 Del Monte Ave; a generous parking lot, convenient for both residents and customers.
**All properties to be sold as one package. For itemized pricing and questions, please call Loren Ybarra at (925) 494-5430