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Listed by Chris Barre • Sotheby's International Realty
$ 1,850,000
Est. payment | /mo
4,349 SqFt
$ 1,850,000
Est. payment | /mo
4,349 SqFt
Key Details
Property Type Multi-Family
Sub Type OTHER
Listing Status Active
Purchase Type For Sale
Square Footage 4,349 sqft
Price per Sqft $425
MLS Listing ID ML82015567
HOA Y/N No
Year Built 1965
Lot Size 0.684 Acres
Property Sub-Type OTHER
Source Datashare MLSListings
Property Description
Well maintained long-time family-owned income property in the heart of Marina. Situated on an expansive 29,794 sq. ft. multifamily residential lot. The property features four individual homes: a spacious 1,750 sq. ft. 3-bedroom, 2-bath main house and three charming 2-bedroom, 1-bath cottages. The multi-residential zoning allows for flexible development options whether it's adding multiple ADUs to complement the existing homes or exploring the potential for higher-density redevelopment. Recent improvements include: Newer roof on the main house (2021), new kitchen, dining, and hall flooring in the main house (2025), Fresh exterior paint on all cottages (2024), new ABS sewer line (202324) and several other improvements. Two 2-car garages, plus abundant off-street parking. Close proximity to beaches, shopping, schools, CSUMB, major highways, and outdoor recreation including scenic hiking and biking trails.
Location
State CA
County Monterey
Interior
Heating Forced Air, Wall Furnace
Cooling No Air Conditioning
Fireplace No
Building
Lot Description Level
Schools
School District Monterey Peninsula Unified, Monterey Peninsula Unified

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Adam Shoop
Broker Associate at LPT Realty | Lic# 1782227