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$ 1,200,000
Est. payment | /mo
5,270 Sqft Lot
$ 1,200,000
Est. payment | /mo
5,270 Sqft Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML82015764
HOA Y/N No
Lot Size 5,270 Sqft
Property Description
Corner lot with plans for six residential units in downtown Monterey. Located at the corner of Pearl St and Tyler St, across from the Monterey Transit Center. Steps to Alvarado St and downtown Monterey, Trader Joes, Fisherman's Wharf, Monterey Harbor, and Del Monte Beach. Owner has obtained plans for a 9650 square-foot building on a 5630 square-foot lot. Pursue water through the City of Monterey or request water from the private wells owned by Seller in downtown Monterey. Plans are for a mixed use project ocean views to include a 4 bedroom, 4 bathroom 2000 sf unit, two units that are 3 bedrooms and 3 bathrooms. Designed to be beautiful apartments that look like high end condos.
Location
State CA
County Monterey
Area 699 - Not Defined
Zoning C1
Interior
Fireplace No
Exterior
Fence None
Schools
School District Other
Others
Tax ID 001574015000
Listed by Monterey Peninsul... KW Coastal Estates
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Mitch Stein
Partner | Lic# DRE# 02081632