1045-1047 Cass ST

MONTEREY, CA, 93940

$1,065,000

$651 per ft²
$1,065,000
$651 per ft²
Sold
Sold
carpenters-square
1,634 ft²
property_type
Multi-family
calendar
Built 1924
The property has two houses located on a large oversized 10,600 sq. ft. lot. Both units are 2 bed/1bath units. Monterey Peninsula Water Management District confirms that there are water credits for 3 hair salon seats, which translates to 24.71 residential fixtures. Contact MPWMD to determine possibilities of adding units. The front unit is leased out at below market rent while the back unit is vacant and has extensive deferred maintenance. Located on Monterey's pill hill where many of the surrounding buildings are occupied by medical uses, the Commercial Office zoning allows this property to be restored as a small multi-family (1-4 units allowed) or converted into office space. Situated close enough to stroll downtown giving easy access to locally owned restaurants, unique shops, an ocean-side recreation trail, the Monterey Bay Aquarium, world-renowned golf courses, and many other activities to enjoy. Live in one unit and rent the other.
MLS® ID:
ML81889212
Updated:
8/16/22

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Cooling
None
Heating
Fireplace, Wall Furnace

Exterior/Building Features

Lot Size
10,680 ft² lot
Roof
Composition
Sewer
Sewer - Public

Other Property Details

Area Name
113
Garage
Yes
Parking
Off-Street Parking, On Street
Parking Total
4.0
View
Y
County
Monterey
Utilities
Public Utilities
Water Source
Public
Pool
Yes
Total Stories
1
Zoning
CO - Commercial Office

Property History

Date
Event
Price
Value
8/5/22
Sold
-
-
8/5/22
Price Change
$1,065,000
-2%
8/3/22
Pending
-
-
7/23/22
Under Contract
-
-
6/16/22
Price Change
$1,095,000
-8%
5/23/22
Active
-
-
5/18/22
Under Contract
-
-

 

Courtesy of James Kendall, Baird Partnership, Inc.

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Data last updated 4:10 PM UTC, 8/16/22

 

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