229 Monterey Avenue

Description

Outstanding location and extremely rare offering. Build your dream home or investment rentals. Recently surveyed and the properties potential has been investigated with a local land use planner. Highest and best use is to subdivide into a two lots of a minimum of 5000sf each. Renovate the Main House and build a New Home with ADU or build a Duplex on new rear lot. Lot is zoned RM which will allow a duplex. Home is on a potential local historical list for Capitola. Any desire to remove the home would require an application for removal with the city and be evaluated by an architectual historian. Property next door at 233 Monterey is a 1/1 with 460 sf and approx. 1800sf and is also for sale.

Listing information courtesy of: Mark Oliverez, eXp Realty of California Inc . *Based on information from the Association of REALTORS/Multiple Listing as of 11/16/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.