800-812 Lyndon St - Apartments FOR SALE


Monterey, CA 93940
$3,225,000 USD
818-512-1715
800-812 Lyndon St, Monterey, CA for Sale
$3,225,000 USD
Apartments - FOR SALE
1/18
null | 4.19% Cap Rate

800-812 Lyndon St
Monterey, CA 93940


HIGHLIGHTS

  • Well located property in heart of Pacific Grove.
  • Private neighborhood.
  • Plenty of shopping nearby.
  • Close to Cannery Row & Pebble Beach.

OVERVIEW

Price represents a $250,000 reduction effective 4/23/2024! Bring offers! ---- - RARE OFFERING! PERFECT 1031 OPPORTUNITY. GREAT ADDITION TO INVESTOR'S REAL ESTATE PORTFOLIO. ALL PROPERTY SHOWINGS ARE BY APPOINTMENT ONLY. DO NOT DISTURB OR APPROACH TENANTS. ALL SELLER DOCUMENTATION IS STRICTLY CONFIDENTIAL. PROPERTY SOLD IN AS-IS CONDITION. ---- - Full Offering Memorandum, CoStar Analytics & Underwriting Reports available to Buyer executing confidentiality agreement. Interested Prospects are asked to present Broker with signed / dated Letter of Interest and proof of funds (and acquisition debt prequalification, if any) prior to showings. Seller will prepare Purchase Sale Agreement (PSA). Seller (and Buyer) may be involved in a 1031 Exchange requiring other party’s cooperation. ---- - **NOTE: There is no Buyside commission. Call Listing Broker with questions. Escrow with Chicago Title - Denise Johnson.

FOR SALE DETAILS

PRICE

$3,225,000 USD

PRICE/SF

$669 USD /SF

# OF UNITS

7

PRICE/UNIT

$460,714

CAP RATE

4.19%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

7 Unit Multi-Family

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1959

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,019 SF

ZONING

-

APN/PARCEL ID

001-183-007-000

ASK ABOUT THIS PROPERTY

Paul StansenPaul E Stansen, APCMore Info
818-512-1715

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Paul StansenPaul E Stansen, APCMore Info
818-512-1715

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.