Bought with Edward Ribeiro • Silicon Valley Residential Brokerage Inc
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872 Laine ST Monterey, CA 93940
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Key Details
Sold Price $2,500,000
Property Type Commercial Multi-Residential (5 units)
Sub Type Five or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 4,336 sqft
Price per Sqft $576
MLS Listing ID ML81976983
Bedrooms 4
Full Baths 3
Year Built 1926
Lot Size 0.270 Acres
Property Sub-Type Five or More Units
Property Description
Experience coastal luxury and investment potential in one remarkable package! Nestled in the heart of Cannery Row, discover a single-family home and a four-plex on one parcel, each unit boasting breathtaking ocean views. Step outside your door to the beach, aquarium, and vibrant amenities just steps away. Indulge in dining, shopping, or leisurely bike rides along the scenic path-all within reach. This dual-property presents an enticing opportunity for residency and income generation. Proximity to the DLI and NPS enhances its allure as a prime rental location. Whether you're seeking a permanent coastal retreat or a savvy investment, this property delivers. Immerse yourself in the vibrant energy of this iconic waterfront district, where world-class attractions, renowned dining establishments, and boutique shops await. Seize the promise of passive income and the convenience of a prime location in this seaside sanctuary. Embrace the coastal lifestyle and capitalize on this exceptional investment opportunity today!
Location
State CA
County Monterey
Area New Monterey
Zoning APT
Rooms
Other Rooms Other
Kitchen None
Interior
Heating Wall Furnace
Cooling None
Laundry None
Exterior
Parking Features Attached Garage
Garage Spaces 6.0
Utilities Available Public Utilities
Roof Type Composition
Building
Foundation Concrete Slab
Sewer Sewer - Public
Water Public
Others
Special Listing Condition Not Applicable
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