457 Spencer Street
Monterey, CA 93940
Active for $3,500,000
Beds: 8 Baths: 7 Structure Size: 4,539 sqft Lot Size: 5,850 sqft
| MLS | ML81969369 |
| Year Built | 1975 |
| Property Type | Single Family Residence |
| County | Monterey |
| Status | Active |
| Active | $3,500,000 |
| Structure Size | 4,539 sqft |
| Lot Size | 5,850 sqft |
| Beds | 8 |
| Baths | 7 |
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!
Listing information courtesy of: Monterey Peninsul..., KW Coastal Estates . *Based on information from the Association of REALTORS/Multiple Listing as of 11/22/2024 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.
Location
Contact a Local Realtor®
Kristine Avetisyan
REALTOR®
Direct: 323.371.5547
Email: Email Me
DRE: 02189391
DRE #01873088
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