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457 Spencer Street

Monterey, CA 93940

$3,500,000

List Price

N/A

bed Beds

shower Baths

4,539 sqft

straighten / sqft

1975

calendar_month Built

Property 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

List Price $3,500,000
Status Active
MLS ML81962259
Type Residential Income
Subtype Quadruplex
Year Built 1975
Lot Size 5,850
Structure Size 4,539
DOM 152
Courtesy Of KW Coastal Estates
Listing Agent Monterey Peninsul... DRE#70000352

Interior Features

Kitchen Information
Features Granite Counters
Total Bedroom
Bedrooms N/A
Flooring Information
Material Carpet, Concrete, Laminate, Tile, Wood

Exterior Information

Maps

home_work Nearby Properties

Image

$3,500,000

king_bed 8
shower 7
straighten 4,539
straighten 5,850
457 Spencer Street,

Monterey, CA 93940
Image

$2,480/month

shower 1
straighten 312
straighten N/A
621 Mcclellan Avenue, #Studio,

Monterey, CA 93940
Image

$1,200,000

king_bed 2
shower 1
straighten 842
straighten 3,300
Belden,

Monterey, CA 93940
Image

$3,500/month

king_bed 3
shower 2
straighten 1,000
straighten N/A
347 Hawthorne Street,

Monterey, CA 93940
Image

$90,000

king_bed N/A
straighten N/A
straighten 3,500
623 623 Lighthouse Avenue, #B,

Monterey, CA 93940

Listing information courtesy of: Monterey Peninsul..., KW Coastal Estates . *Based on information from the Association of REALTORS/Multiple Listing as of Sep 18th, 2024 at 6:16 PM 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.