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Archer Street

Monterey, CA 93940

$1,985,000 $8,368/Mo

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Description

Well-located, fully renovated triplex within walking distance to the ocean and Cannery Row. All units have been updated within the last five years, offering low deferred maintenance and strong rental appeal. The property consists on two-2 bedroom/ 1-bath units and one 1-bedroom/1-bath unit, with one of the units having some view of the ocean. On-site-coin-operated laundry provides additional income. Clean, turnkey asset in a highly desirable coastal location with consistent demand - ideal for long term hold, portfolio additions or owner-occupant investment.

Property Details

Property Type : Residential Income

Price : $1,985,000

AD Id : 74225675

MLS Id : 225152630

Living Area Size : 2,214

Year Built : 1959

County : Monterey

Map

Features

Water/Sewer

Sewer: Sewer in Street
Flooring Information

Tile, Laminate, Vinyl, Wood
Interior Features

Appliances: Gas Cook Top, Ice Maker, Microwave Laundry Features: Coin Operated, Other
Heating & Cooling

Heating: Wall Furnace, Other Cooling: Wall Unit(s), Window Unit(s), Other WaterSource: Public

Building Information

Year Built: 1959 Stories: 2 Construction Materials: Stucco, Frame Foundation Details: Raised
Exterior Features

Foundation Details: Raised
Laundry Features

Coin Operated, Other

Lot Information

Lot Description: Other Lot Square Feet: 5,663 Stories: 2 Main Square Feet: 2,214

Property Information

Property Type: Residential Income Sub Type: Triplex Style: A-Frame SQ ft (Living Area): 2,214 Construction Materials: Stucco,Frame Property Age: 67 Cross Street: David Source Neighborhood: New Monterey Postal Code Plus 4: 1218 Area: Monterey S: 93940 Zoning: 9999 Living Area Source: Assessor Auto-Fill Structure Type: Apartments

Farm Info

Irrigation Source: Other

Listing Price Information

Listing Id: 225152630 List Price: $1,985,000 List Price Tot SqFt: $897

Tax Information

Parcel Number: 001-088-015

Parking Information

Parking Total: 2 Carport, Varies by Unit

Elementary School District: Monterey Peninsula Unified

Junior High School District: Monterey Peninsula Unified

Senior High School District: Monterey Peninsula Unified
Utility Information

Other
Location Information

Direction: David to Archer Street -

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Nearby Home Value

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1043 5th Street, Monterey, CA, 93940	$2,300,000	7	--	3,727	3,727 SqFt
883 Lighthouse Avenue, Monterey, CA, 93940	$1,500,000	3	--	2,633	2,633 SqFt
700 David Avenue, Monterey, CA, 93940	$1,600,000	4	--	2,235	2,235 SqFt
W Franklin Street, Monterey, CA, 93940	$1,649,000	3	--	1,707	1,707 SqFt
32 Via Ventura, Monterey, CA, 93940	$1,600,000	5	--	2,228	2,228 SqFt