Listing provided courtesy of Loren Eva Ybarra of Exp Realty of California Inc.. Last updated 2025-05-09 08:12:47.000000. Listing information © 2024 CLAW.
Asking Price: $1,900,000
1251 1St St, Monterey CA 93940
Community:
This property was built in 1950 and is priced at $1,900,000. Please see the additional details below.
Welcome to an exceptional investment opportunity featuring a prime commercial space, a four-unit apartment building with garage parking, and am additional, spacious parking lot. The commercial space, strategically located on a bustling street, boasts large windows that flood the interior with natural light, creating an inviting atmosphere for potential businesses. The four-unit apartment building offers modern living with well-appointed units making it an attractive option for renters. There are 3 single car garage spaces for storage or parking as well. This property will also include 1260 Del Monte Ave; a generous parking lot, convenient for both residents and customers. This multifaceted asset not only promises a steady income stream but also positions you in a vibrant community with endless potential for growth. Close to the Naval Postgraduate School, Fisherman’s Wharf, Del Monte beach, and downtown Monterey!