674 Laine St is a stunning 4-unit apartment complex located in the thriving city of Monterey, California. Situated on a 5,750 square foot parcel of land, the subject property was originally constructed in 1964 and has a gross building area of approximately 4,320 square feet, offering its tenants beautifully designed two-bedroom floor plans. The subject property is strategically situated offering tenants easy access to Scholze Park, the Naval Postgraduate School, Monterey Peninsula College, and the Old Fisherman's Wharf. Additionally, Cannery Row is located within walking distance to 674 Laine St(0.3mi), and is home to a myriad of high-end shopping, entertainment and dining options including the Monterey Bay Aquarium, Ghirardelli Ice Cream & Chocolate Shop, Treasure Hunt the Ride, Lalla Grill as well as numerous others. Tenants also enjoy convenient access to transportation corridors including U.S. Route 1, California State Route 68, as well as other modes of transportation including the Monterey-Salinas Transit (MST), providing an inexpensive, hassle free commute to the regions major employers end entertainment centers on the Peninsula and throughout Monterey County. The investment appeal of this asset is driven by Monterey’s strong employment fundamentals and low vacancy levels. With a world-class location in the heart of Monterey, 674 Laine St presents an attractive choice for renters due to close proximity to major employers, transportation corridors, shopping, dining, and entertainment options.