Located in Old Monterey on the corner of Larkin and West Franklin Street roughly four blocks from Alvarado Street. This property consists of four 1-bed, 1-bath units split between two separate charming buildings. 392 & 394 Larkin contain larger twin units about 803 square feet each and 602 & 604 West Franklin Street contain a smaller set of mirrored 500 square foot units. See floor plan for square footage and layout. There are four separate water, gas and electric meters. This location has potential to draw tenants from MIIS and DLI. All stated rents, expenses and cap rate are estimated based upon future projections. See MLS number for Residential Income 1-4 units for the pro forma information.
|LAST UPDATED||11/28/2017||YEAR BUILT||1926|
|COMMUNITY||Old Town Monterey||COUNTY||Monterey|
|STATUS||Active||PROPERTY TYPE(S)||Single Family|
|School District||Monterey Peninsula Unified|
|AREA||Old Town Monterey|
|BASEMENT||Foundation: Concrete Perimeter|
|HEAT||Gas, Other, Wall Furnace|
|INTERIOR||Hardwood, None; Floors: Carpet|
|LOT||6395 sq ft|
|MASTER ON MAIN||Yes|
|SEWER||Sewer: Sewer - Public|
|UTILITIES||Water: Individual Water Meter,Public; Sewer: Sewer|
|VIEW DESCRIPTION||City Lights,Neighborhood|
|WATER||Water: Individual Water Meter,Public|
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Based on information from MLSListings MLS as of 12/14/17 4:47 PM PST. 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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