Sold
1128 4th ST
MONTEREY CA, 93940
$5,875,000
$416.78 per sqft
Sold
14,096 sqft
Multi-family
Built in 1982
Listed by Albers Real Estate Investment Company, Hap Albers, Listing Contact: 8313721922
Rarely available 17-unit complex in Monterey. This Oak Grove neighborhood complex is 5 blocks from the ocean, 2 block from Navy Post Grad School, & is close to CHOMP, MIIS, downtown Monterey, Ryan Ranch, and freeways. The unit mix consists of 4 one-bed units, a 3 bed/ 2 bath unit, & 12 2 bed / 1 bath units. The units are separately metered for water & PG&E. Each unit has its own hot water heater. Newly painted in 2020. Three separate parcels - no onsite management required. Street to street parcels. Addresses: 1128 & 1142 4th Street & 1135 5th Street. Two onsite laundry rooms with landlord-owned equipment. Income is based on August 2021 Rents.
ML81853941
MLSⓇ ID
July 19, 2021
Listed
May 9, 2024
Updated
Map
1128 4th ST
MONTEREY CA, 93940
Interior Features
Interior Features
Laminate, Tile
Appliances
Refrigerator, Oven, Range, Washer
Floor Description
Laminate, Tile
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Electric, Natural Gas
Exterior/Building Features
Lot Size
0.52 Acres
Roof
Composition
School Information
School District
438
High School
Monterey High
Other Property Details
Area Name
Oak Grove
Garage
No
Parking
No Garage
Parking Total
3
View
No
County
Monterey
Pool
No
Zoning
R-3
Buyer Agency Compensation
1.75%
Listed by Albers Real Estate Investment Company, Hap Albers,
Listing Contact: 8313721922
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Data last updated 4:51 AM UTC, 5/9/2024