862 David Ave, Monterey, CA 93940

$1,300,000
5
BD
4
BA
2,163
SqFt
List Price
$1,300,000
Closing Date
Jan 02, 2020
MLS#
ML81764046
Status
CONTINGENT
Bedrooms
5
Total Bathrooms
4
Full Bathrooms
4
Sqft. of Residence
2,163
Lot Size
5,227
Listing Area
New Monterey
Year Built
1957

Property Description

Two units beautifully remodeled with ocean views from front house and yard. Front house is 3 bed/2bath, back unit 2 bed/2 bath. (bonus room/bath offering flexible floor plan options.) Hardwood floors, white shaker cabinetry, solid quartz counters, stainless appliances updated and beautiful. Sits on lower part of David Ave. for easy walk to Canary Row, Beach, & Restaurants. Off street parking for two+ cars. Street to alley lot and great curb appeal. Investor who wants GREAT cap rate of 5.46% or single family buyer that wants additional income to help with mortgage payment or extended families or back to SFR. No sign or lockbox. Great property with great options.

Additional Information

Acres
0.12
Age
62
Cooling System
None
Family Room
No Family Room
Foundation
Concrete Perimeter and Slab
Garage Parking
Common Parking Area, On Street, Parking Area
Heating System
Baseboard, Central Forced Air
Laundry Facilities
Inside
Living Area
2,163
Lot Size
5,227
Neighborhood
New Monterey
Other Rooms
Bonus / Hobby Room
Other Utilities
Public Utilities
Roof
Composition
Sewer
Sewer - Public
Style
Modern / High Tech, Ranch
Unincorporated Yn
Yes
View
Bay View, Ocean View
Zoning
R-1

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Pamela King-Peres from Coldwell Banker Residential Brokerage

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