1251 1st St, Monterey, CA 93940 - Berkshire Hathaway HomeServices California Properties

1251 1st St, Monterey, CA 93940

$1,885,000 Approx. USD 0 beds, 0 baths

Reduced by $15,000 on 6/4/2025

Listing Agent


Loren Eva Ybarra | lorenybarrare@gmail.com
Lic#: 02138632
Broker: Courtesy of Exp Realty of California Inc.

Agent Remarks

Welcome to an exceptional investment opportunity featuring a prime commercial space, a four-unit apartment building with garage parking, and am additional, spacious parking lot. The commercial space, strategically located on a bustling street, boasts large windows that flood the interior with natural light, creating an inviting atmosphere for potential businesses. The four-unit apartment building offers modern living with well-appointed units making it an attractive option for renters. There are 3 single car garage spaces for storage or parking as well. This property will also include 1260 Del Monte Ave; a generous parking lot, convenient for both residents and customers. This multifaceted asset not only promises a steady income stream but also positions you in a vibrant community with endless potential for growth. Close to the Naval Postgraduate School, Fisherman’s Wharf, Del Monte beach, and downtown Monterey!

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 41076948
List price is $1,885,000 Reduced by $15,000 on 6/4/2025
Price: $1,885,000
HOA Fee is $0.00
Beds: 0
Baths: 0
Built in 1950
0.14 acres
Lot size: 0.1400
County: Monterey
Construction: Stucco
Heating/cooling: None
Heating description: Wall Furnace

Last Updated: 6/10/2025

 Days On Market (DOM): 236

 Find more Monterey homes and real estate

 Find more homes in 93940 zip code

Lat/Long: 36.599562, -121.879694.
Find nearby listings

DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

93940 Area Map

Demographics

Schools

Near by

Similar Listings