574 Cortes Street Monterey, CA 93940

$1,799,999
574 Cortes Street, Monterey, CA 93940
Call 1-800-839-1363
ML81676033

Multi-Family Home for sale in Monterey, CA

for $1,799,999. This 5,342 square foot home was built in 1934 on a lot size of 0.23 Acre(s).

Property Information

  • $1,799,999
  • Multi-Family
  • 5,342 Square Feet
  • Taxes are $20,500
  • Other / Unknown
  • Active
  • Lot size of 0.23 Acre(s)
  • Built in 1934
  • Monterey, CA
  • Downtown Monterey Neighborhood
  • Monterey County
  • MLS/Web ID is ML81676033

Description

The offering consists of a two-story, 3, 480 SF office building (574 Cortes), an 814 SF 2/1 house (560 Robinson), and a 648 SF second-story 1/1 apartment (550 Robinson). 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, class A finishes and ocean views. The office Tenant on the second floor and both residential units are currently on month to month leases. Below the second-story 1/1 apartment are storage units for both the apartment and the house, and a large storage unit with a roll-up door for the office, totaling approximately 400 SF. 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.

Interior 5

Cooling System

  • No Air Conditioning

Heating System

  • Zoned

Interior

  • Elevator(s)

Sewer

  • Public Sewer

Water Source

  • Public Water

Exterior 2

Parking

  • 1-20 Parking Spaces

Roof

  • Composition Shingles

Rental 2

Landlord Pays

  • Other
  • Utilities

Tenant Pays

  • Electric
  • Gas
  • Trash
  • Water

† Excluded Feature

Listed By

Broker: BAIRD PARTNERSHIP, INC.

574 Cortes Street, Monterey, CA, 93940 is a Multi-Family Home for sale at $1,799,999 with 5,342 sqft and a lot size of 0.23 Acre(s). 574 Cortes Street has 0.0 baths and 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 $1,376,910 24 % below $945,000 47 % below
Multi-family listings in Monterey $2,010,500 12 % above $1,799,999 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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