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862 David Avenue

Monterey, CA 93940
  • $1,300,000
  • STATUS: Active Under Contract
  • ON SITE: 897 Days
  • MLS #: ML81764071
Under Contract
UPDATED: 35 min ago
$1,300,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,163
    SQFT
  • $601
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1957
County:

School Ratings & Info

Listing Agent(s): Pamela King-Peres of Coldwell Banker Realty (831-626-2222)


Description

Two units beautifully remodeled with ocean views from front house and yard. Front house is 3 bed/2bath, back unit 2 bed/2 bath (bonus room/bath offering flexible floor plan options). Hardwood floors, white shaker cabinetry, solid quartz counters, stainless appliances updated and beautiful. Sits on lower part of David Ave. for easy walk to Canary Row, Beach, & Restaurants. Off street parking for two+ cars. Street to alley lot and great curb appeal. Investor who wants GREAT cap rate of 5.46% or single family buyer that wants income to help with mortgage payment or extended family or back to SFR. No sign or lockbox.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-01-23T15:26:15.757. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or ERA CARLILE Realty Group. Licensed in the State of California, USA.
www.carlilerealty.com/homes/97817441
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862 David Avenue Monterey, CA 93940

  • Price: $1,300,000
  • Status: Active Under Contract
  • On Site: 897 Days
  • Updated: 35 min ago
  • MLS #: ML81764071
0
Beds
0
Baths
0
½ Baths
N/A
Acres
2,163
SQFT
$601
$/SQFT
1957
Built
Neighborhood:
699 - Not Defined
County:
Monterey
Area:
699 - Not Defined
Property Description
Two units beautifully remodeled with ocean views from front house and yard. Front house is 3 bed/2bath, back unit 2 bed/2 bath (bonus room/bath offering flexible floor plan options). Hardwood floors, white shaker cabinetry, solid quartz counters, stainless appliances updated and beautiful. Sits on lower part of David Ave. for easy walk to Canary Row, Beach, & Restaurants. Off street parking for two+ cars. Street to alley lot and great curb appeal. Investor who wants GREAT cap rate of 5.46% or single family buyer that wants income to help with mortgage payment or extended family or back to SFR. No sign or lockbox.
Exterior Features

Architectural Style Ranch Carport Spaces 0 Foundation Details Concrete PerimeterSlab Lot Features Back Yard Parking Features On SiteOne Space Parking Total 0 Roof Composition View BayOcean View YN Yes

Interior Features

Accessibility Features None Cooling NoneAttic Fan Cooling YN No Flooring Wood Heating Central Heating YN Yes Interior Features Beamed Ceilings

Property Features

Cap Rate 5.46 Garage YN No Gross Scheduled Income 85800 Insurance Expense 890 Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventional Maintenance Expense 600 Special Listing Conditions Standard Trash Expense 0 Zoning R-1



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-01-23T15:26:15.757. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or ERA CARLILE Realty Group. Licensed in the State of California, USA.
 
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ERA CARLILE Realty Group
1860 Howe Avenue, Suite 100
Sacramento CA, 95825
Listing Agent(s): Pamela King-Peres of Coldwell Banker Realty (831-626-2222)