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120 Carmelito AVE


Beds: 9
Baths: 7
Sq. Ft.: 4,389
Type: House
Listed by Jim Lowell, The Agency 831-902-0777
Listing #ML81938121
Unique opportunity to own a two-parcel, multi-unit, estate compound in a central Monterey location. Consisting of two separate and independently parceled contiguous lots: 120 Carmelito Avenue and 942 Munras Avenue, each parcel contains individual improvements. There are 7 units in total, comprised of a 3 bedroom, 2 bath home, a two bedroom unit, 3 one bedroom units, a loft studio unit, and a stand alone commercial office. In addition, there are storage areas, parking and a workshop. The two properties offer a total of approximately 21,000 square feet of land and 5,000 square feet of improvements. Currently, 6 of the units are rented and the property is professionally managed. Owned by the same family for many years, this exceptional property is located within walking distance to downtown Monterey. The two parcels and improvements are being sold in their "As Is" present condition and are being sold together.
Property Features
Location Information
County: Monterey
Neighborhood: Monte Regio/Peter's Gate
MLS Area: 113
Cross Street: Munras Avenue
Interior Features
Dining Room Description: No Formal Dining Room
Has Family Room: No
Family Room Description: No Family Room
Has Fireplace: No
Heating: Wall Furnace
Cooling: None
Disabled Features: None
Exterior Features
Foundation: Concrete Perimeter and Slab
Roof: Composition, Shingle
Septic or Sewer: Sewer - Public
Water: Public
Utilities: Public Utilities
Parking Description: Off-Street Parking, On Street
Garage Spaces: 1
Has a Pool: No
Is a Horse Property: No
Lot Size in Acres: 0.391
Lot Size in Sq. Ft.: 17,043
Zoning: CO
Has View: No
Additional Information
Property Type: SFR
Property SubType: Detached Single Family
Year Built: 1900
APN: 001-672-019-000

$ per month
Year Fixed. % Interest Rate.
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Monthly Tax: $
Monthly Insurance: $
Interest Rate
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List Price:
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
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The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) program of the MLSListings™ MLS system. Real estate listings held by brokerage firms other than Boggs Team Realtors are marked with the IDX icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents. Based on information from MLSListings MLS as of the date shown below. 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. Some properties appearing for sale on this website may subsequently have sold and may no longer be available.
MLSListings data last updated at April 18, 2024 1:23 PM PT