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457 Spencer ST, Monterey, CA 93940

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For Sale

$3,500,000

8 beds • 4,539 sqft

Estimated Payment

$      /mo. †

APR for 30 years

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  • Multi-Family (2-4 Units)
    Property type

  • $771.09
    Price per square foot

  • 41-50 Years Old
    Age

Explore this Property

Attention 1031 exchangers, investors or even second home searchers!!! Here is a rare opportunity to own a unique New Monterey 4 unit apartment complex with a spacious apx 1934 SF penthouse on top featuring expansive views of Monterey Bay and city lights. Also rare is the fact that all 4 units have been remodeled with updated flooring, countertops, stainless steel appliances, new windows, sliding glass doors, and paint inside and out. The penthouse boasts 3 bedrooms and 2.5 baths including a primary suite, open beam ceilings and a wall of windows facing the Monterey Bay. There is a fireplace in the roomy living room, plus a dedicated dining room, ample kitchen, a dedicated laundry room and an apx. 151 SF deck. Below is a roughly 913 SF 2 bed, 1 bath unit and an approximately 714 SF 1 bed, 1 bath unit, both with bay views. Lastly, is an apx 978 SF 2 bedroom, 1.5 bath, townhouse style unit with the living space below and the bedrooms above w/ a private backyard. In total there is over 4500 SF of living space! Other amenities include 4 car garage, a community laundry room, a large storage area, several decks and new insulated top of the line garage doors. What a great opportunity to keep one for yourself and rent the rest out!
MLS# ML81962259

Courtesy Of Keller Williams Coastal Estates

(831) 622-6200

Property Features

  • Age
    41-50 Years Old
  • Amenities
    Sky light, Vaulted Ceiling, Wet Bar
  • Appliances
    Cooktop - Electric, Cooktop - Gas, Oven, Oven - Double, Range
  • Architecture Style
    Contemporary
  • Cooling System
    Ceiling Fan(s)
  • Floor Covering
    Carpet, Concrete, Hardwood, Laminate, Tile
  • Heating System
    Forced Air
  • Lot Size
    0.13 Acres
  • Roof Type
    Composition Shingle
  • Rooms
    Bedroom, Kitchen, Storage
  • View Type
    City, Hills, Ocean, Water

Map and Directions

Directions to 457 Spencer ST, Monterey, CA 93940

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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