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PRICE $289,000
BEDS 0
BATHS 0
HOME SIZE 301 sqft
LOT SIZE 4,400 sqft
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Proposed 2 UNITS!! Discover the incredible potential! An investor, contractor's dream opportunity. This property is primed for transformation, offering a strategic pathway to a lucrative investment. The charming house comes with city-approved construction plans that allow for a flexible redevelopment into a profitable 2 units. The plans include converting the existing structure into an Accessory Dwelling Unit (ADU) and constructing a new primary residence unit at the rear, with the City having already approved a variance for this addition and a reduction in required parking spaces to two. The proposed ADU will encompass 620 square feet, 2bd/1ba. The main unit will offer a 997 square feet, 3bd/2ba. This redevelopment presents a significant upside for both quick flips and long-term rental investments. Opportunities like this are rare, especially with expansion plans already in place and approved. Dont miss your chance to capitalize on this promising investment. **DO NOT GO ONTO PROERTY**

LAST UPDATED 4/15/2025 YEAR BUILT 1968
COUNTY Monterey STATUS Active
PROPERTY TYPE(S) Multi Family


ADDITIONAL DETAILS
LOT 4400 sq ft
LOT DIMENSIONS 4400.00
SEWER Public Sewer
STORIES 1
WATER Public
ZONING R1
Listed by Chantel Henson | 831-809-4100, Compass

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the MLSListings™ MLS system. All real estate listings in the MLSListings MLS system are marked with the MLSListings 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 MLSListings MLS as of 5/9/25 1:27 PM PDT. 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. Properties may or may not be listed by the office/agent presenting the information.

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