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.
|LAST UPDATED||1/29/2018||YEAR BUILT||1928|
|COMMUNITY||Old Town Monterey||GARAGE SPACES||2.0|
|PROPERTY TYPE(S)||Residential Income|
|School District||Monterey Peninsula Unified|
|Prior to Nov 29, '17||$1,250,000|
|Nov 29, '17 - Today||$1,150,000|
|AREA||Old Town Monterey|
|BASEMENT||Foundation: Concrete Perimeter|
|GARAGE||Attached Garage, Off-Street Parking, On Street, Yes|
|HEAT||Gas, Wall Furnace|
|INTERIOR||None; Floors: Hardwood, Vinyl / Linoleum|
|LOT||6395 sq ft|
|LOT DESCRIPTION||Grade - Sloped Up, Regular|
|PARKING||Attached Garage,Off-Street Parking,On Street|
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 2/22/18 3:06 AM 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.
Copyright 2018 MLSListings Inc. All rights reserved.
This IDX solution is (c) Diverse Solutions 2018.