$2,350,000

beds

baths

half bath

5,033

square ft

120 Carmelito Avenue

Monterey, California 93940

Contingent / MLS #81938121 / Single Family / Monterey

Listing information updated 3/16/2025 at 6:24am

Unique opportunity to own a two-parcel, multi-unit, estate compound in a central Monterey location. Consisting of two separate and independently parceled contiguous lots: 120 Carmelito Avenue and 942 Munras Avenue, each parcel contains individual improvements. There are 7 units in total, comprised of a 3 bedroom, 2 bath home, a two bedroom unit, 3 one bedroom units, a loft studio unit, and a stand alone commercial office. In addition, there are storage areas, parking and a workshop. The two properties offer a total of approximately 21,000 square feet of land and 5,000 square feet of improvements. Currently, 6 of the units are rented and the property is professionally managed. Owned by the same family for many years, this exceptional property is located within walking distance to downtown Monterey. The two parcels and improvements are being sold in their "As Is" present condition and are being sold together.

Full Features

Beds Above Grade:

Cooling System:

None

Heating System:

Wall Furnace

Main Level Primary Bedroom:

Fireplace:

Pool:

Age:

125 Years

Roof Type:

Composition, Shingle

Parking Type:

Off_ Street Parking, On Street

Parking Spaces:

Garage:

Garage - 1 Car(s)

Square Feet:

5,033

Lot Size:

20979 SquareFeet

Acreage:

0.481

Taxes & Assessments

Tax Amount:

N/A

Tax Year:

N/A

Location

Zip Code:

93940

City:

Monterey

County:

Monterey

Schools

School District(s):

Monterey Peninsula Unified

Elementary School:

N/A

Middle School:

N/A

High School:

N/A

Full Features Taxes & Assessments Location Schools

Beds Above Grade:

Cooling System:

None

Heating System:

Wall Furnace

Main Level Primary Bedroom:

Fireplace:

Pool:

Age:

125 Years

Roof Type:

Composition, Shingle

Parking Type:

Off_ Street Parking, On Street

Parking Spaces:

Garage:

Garage - 1 Car(s)

Square Feet:

5,033

Lot Size:

20979 SquareFeet

Acreage:

0.481

Listing Agent: Jim Lowell

Listing Office: The Agency

Disclaimer: The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListings MLS system. Real estate listings held by brokerage firms other than Christie’s International Real Estate Sereno are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents. Based on information from the MLSListings MLS as of 3/16/2025 at 6:24am (date the MLS data was obtained). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy.