Property Details
About this Property
Rare find with high rental income potential, an exquisite 5 unit apartment building located in Monterey, CA. 737 Laine St. is close to key amenities including Cannery Row and New Monterey Downtown shopping, restaurants and coveted beaches. This building will attract tenants looking for a vibrant downtown lifestyle. A rare opportunity for any multi-family investor looking to add a highly sought after property to their portfolio. At present, this property, fully leased to tenants all current with their leases, is in a unique position because of its outstanding location, its potential for increased income, to be a significant & unique addition to ones real estate investment portfolio and/or a great 1031 Exchange.
MLS Listing Information
MLS #
ML81944426
MLS Source
MLSListings, Inc.
Interior Features
Appliances
Cooktop - Electric, Garbage Disposal
Flooring
Carpet, Vinyl/Linoleum
Cooling
Other
Heating
Central Forced Air, Fireplace
Exterior Features
Roof
Composition
Foundation
Slab
Parking, School, and Other Information
Garage/Parking
Carport, Garage: 1 Car(s)
Elementary District
Monterey Peninsula Unified
High School District
Monterey Peninsula Unified
Sewer
Public Sewer
Water
Public
Zoning
R-1-15
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 5 | 5 |
| Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
|---|---|---|---|---|---|---|
| 1 | 500 | 1 | 1/0 | – | $1,900 | 1 |
| 2 | 500 | 1 | 1/0 | – | $1,900 | 1 |
| 3 | 500 | 1 | 1/0 | – | $1,900 | 1 |
| 4 | 500 | 1 | 1/0 | – | $1,900 | 1 |
| 5 | 500 | 1 | 1/0 | – | $1,900 | 1 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
737 Laine St is a Residential Income in Monterey, CA 93940. This 2,577 square foot property sits on a 5,850 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,450,000 and was built in 1983. This address can also be written as 737 Laine St, Monterey, CA 93940.
©2024 MLSListings Inc. All rights reserved. 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. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from MLSListings Inc.
Presently MLSListings.com displays Active, Contingent, Pending, and Recently Sold listings. Recently Sold listings are properties which were sold within the last three years. After that period listings are no longer displayed in MLSListings.com. Pending listings are properties under contract and no longer available for sale. Contingent listings are properties where there is an accepted offer, and seller may be seeking back-up offers. Active listings are available for sale.
This listing information is up-to-date as of December 21, 2024. For the most current information, please contact Robert Slawinski, (408) 505-0708
