574 Cortes Monterey, CA 93940

$1,900,000
574 Cortes, Monterey, CA 93940
Call 1-800-839-1363
ML81639624

Multi-Family Home for sale in Monterey, CA

for $1,900,000. This 5,342 square foot home was built in 1934 on a lot size of 0.23 Acre(s).

Property Information

  • $1,900,000
  • Multi-Family
  • 5,342 Square Feet
  • Taxes are $20,520
  • Other / Unknown
  • Active
  • Lot size of 0.23 Acre(s)
  • Built in 1934
  • Monterey, CA
  • Downtown Monterey Neighborhood
  • Monterey County
  • MLS/Web ID is ML81639624

Description

Mahoney & Associates is pleased to offer for sale 574 Cortes in Monterey, California. The offering consists of a two-story, 3, 480 SF office building (574 Cortes), an 814 SF 2/1 house (560 Robinson), a 648 SF second-story 1/1 apartment (550 Robinson), and approximately 400 SF of storage with roll-up door access. Completely remodeled in 1997, the two-story office building features Monterey Colonial architecture with exterior balconies on the first and second floors, a handicap lift at the ground floor main entrance, ocean views, and Class A interior finishes. The property has 12 off-street parking spaces and has access to/from Robinson Street, Cortes Street and Webster Street (by way of an easement). This property is well suited for an investor or owner/user. The subject property is five blocks from the beach, one block from Lake El Estero, and resides in Monterey's downtown commercial district.

Interior 4

Heating System

  • Forced Air

Interior

  • Elevator(s)

Sewer

  • Public Sewer

Water Source

  • Other
  • Public Water

Exterior 1

Roof

  • Composition

Miscellaneous 2

Maintenance Fee Includes

  • Gas

Utilities

  • Electric

† Excluded Feature

Listed By

Listing Agent: Patrick Stafford
Broker: BAIRD PARTNERSHIP, INC.

574 Cortes, Monterey, CA, 93940 is a Multi-Family Home for sale at $1,900,000 with 5,342 sqft and a lot size of 0.23 Acre(s). 574 Cortes was built in 1934. The property's zip code is 93940 which is in Monterey, CA

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Market Pricing

Average % of sale price Median % of sale price
All listings in Monterey $1,455,288 23 % below $998,500 47 % below
Multi-family listings in Monterey $2,115,357 11 % above $1,900,000 0 % below

Get the facts about Monterey, CA!

Population 28,493
Population Growth (since 2000) -3 %
Median Income $64,554
Median Age 38.24
Households w/ Children 21 %

Residential Dwellings

  • Owned 4597
  • Vacant 1306
  • Rented 7930

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