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457 Spencer ST


Beds: 8
Baths: 5 | 2
Sq. Ft.: 4,539
Type: House
Listed by Monterey Peninsula Home Team, KW Coastal Estates 831-601-3284
Listing #ML81969369
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!
Property Features
Location Information
County: Monterey
Neighborhood: New Monterey
MLS Area: 110
Cross Street: Drake Ave
Interior Features
1/2 Baths: 2
Dining Room Description: Dining Area in Living Room, Eat in Kitchen, Formal Dining Room
Has Family Room: No
Family Room Description: No Family Room
Kitchen Description: 220 Volt Outlet, Cooktop - Electric, Cooktop - Gas, Countertop - Granite, Countertop - Marble, Countertop - Solid Surface / Corian, Dishwasher, Exhaust Fan, Hood Over Range, Hookups - Gas, Microwave, Oven - Built-In, Oven - Double
Amenities: High Ceiling , Open Beam Ceiling, Skylight, Vaulted Ceiling , Walk-in Closet , Wet Bar
Has Fireplace: Yes
Fireplace Description: Living Room
Heating: Central Forced Air
Cooling: Ceiling Fan
Floors: Carpet, Concrete, Hardwood, Laminate, Tile
Laundry: Coin Operated
Disabled Features: None
Exterior Features
Style: Contemporary
Stories: 3
Construction: Wood Frame
Foundation: Concrete Perimeter and Slab
Roof: Composition
Septic or Sewer: Sewer - Public
Water: Private / Mutual
Utilities: Public Utilities
Parking Description: Attached Garage, On Street
Garage Spaces: 4
Yard: Back Yard, Balcony / Patio, Deck , Dog Run / Kennel, Fenced, Low Maintenance
Has a Pool: No
Is a Horse Property: No
Lot Description: Grade - Sloped Up , Views
Lot Size in Acres: 0.134
Lot Size in Sq. Ft.: 5,850
Zoning: R3
Energy Features: Low Flow Shower , Low Flow Toilet, Skylight
Has View: Yes
View Description: Bay, City Lights, Hills, Ocean, Water
Additional Information
Property Type: SFR
Property SubType: Detached Single Family
Year Built: 1975
APN: 001-099-005-000

$ per month
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Monthly Tax: $
Monthly Insurance: $
Interest Rate
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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 July 15, 2024 2:34 AM PT