Welcome to an exceptional investment opportunity featuring a prime commercial space, a four-unit apartment building with garage parking, and am additional, spacious parking lot. The commercial space, strategically located on a bustling street, boasts large windows that flood the interior with natural light, creating an inviting atmosphere for potential businesses. The four-unit apartment building offers modern living with well-appointed units making it an attractive option for renters. There are 3 single car garage spaces for storage or parking as well. This property will also include 1260 Del Monte Ave' a generous parking lot, convenient for both residents and customers. This multifaceted asset not only promises a steady income stream but also positions you in a vibrant community with endless potential for growth. Close to the Naval Postgraduate School, Fisherman’s Wharf, Del Monte beach, and downtown Monterey!
Property Details
Price:
$1,850,000
MLS #:
41076948
Status:
Active
Baths:
0
Type:
Residential Income
Listed Date:
Oct 18, 2024
Lot Size:
6,100 sqft / 0.14 acres (approx)
Year Built:
1950
See this Listing
Schools
Interior
Cooling
None
Heating
Wall Furnace
Exterior
Construction Materials
Stucco
Parking Spots
4.00
Roof
Shingle
Financial
Map
Community
- Address1251 1St St Monterey CA
- CityMonterey
- CountyMonterey
- Zip Code93940
Market Summary
Current real estate data for Residential Income in Monterey as of Oct 23, 2025
6
Residential Income Listed
664
Avg DOM
$1,605,958
Avg List Price
Property Summary
- 1251 1St St Monterey CA is a Residential Income for sale in Monterey, CA, 93940. It is listed for $1,850,000
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