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872 Laine St

Monterey, CA 93940
  • $2,800,000
  • STATUS: Active
  • ON SITE: 230 Days
  • ID#: ML81902459
UPDATED: 72 min ago
$2,800,000
  • 0
    BEDS
  • 0.27
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,336
    SQFT
  • $646
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1927
County:
Area:

School Ratings & Info

Description

862/872 Laine St in Monterey California is one of the original properties in Monterey and has deep roots within the community. The listed estate encompasses a 4-plex as well as a single-family home, both on the same parcel number (APN). 3 of the 4 units within the 4-plex have been remodeled and all enjoy ocean views, private parking and are updated with new kitchens. The property can be sold independently or with the surrounding compound depending on the specific situation and buyers preference. There is plenty of upside ADU potential for any interested party seeing as this property has been owned by the original family since it was built. Just a few blocks from Cannery Row, a short walk from the Monterey Bay Aquarium and downtown, these units are never on the rental market long. Whether you are enjoying the ocean views from the balcony or exploring Pacific Grove, this is a sought-after neighborhood for all.

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© 2023 MLSListings Inc. Based on information from MLSListings MLS as of 2023-03-21T11:48:59.853. Data is updated hourly. 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. DX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or COMPASS.

Licensed in the State of California.
Website powered by BoomTown.
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872 Laine St Monterey, CA 93940

  • Price: $2,800,000
  • Status: Active
  • On Site: 230 Days
  • Updated: 72 min ago
  • ID#: ML81902459
0
Beds
0
Baths
0
½ Baths
0.27
Acres
4,336
SQFT
$646
$/SQFT
1927
Built
Neighborhood:
New Monterey
County:
Monterey
Area:
New Monterey
Property Description
862/872 Laine St in Monterey California is one of the original properties in Monterey and has deep roots within the community. The listed estate encompasses a 4-plex as well as a single-family home, both on the same parcel number (APN). 3 of the 4 units within the 4-plex have been remodeled and all enjoy ocean views, private parking and are updated with new kitchens. The property can be sold independently or with the surrounding compound depending on the specific situation and buyers preference. There is plenty of upside ADU potential for any interested party seeing as this property has been owned by the original family since it was built. Just a few blocks from Cannery Row, a short walk from the Monterey Bay Aquarium and downtown, these units are never on the rental market long. Whether you are enjoying the ocean views from the balcony or exploring Pacific Grove, this is a sought-after neighborhood for all.
Exterior Features

Foundation Concrete Slab Garage Parking Carport Number Of Buildings 2 Parking Spaces 4 Pool YN No Roof Composition

Interior Features

Beds Unit1 1 Beds Unit2 1 Beds Unit3 1 Beds Unit4 3 Cooling None Heating Wall Furnace Structure Sq Ft 4336

Property Features

Accessibility Features None Additional Listing Info Not Applicable City Name Monterey Hoa YN No Horse Property YN No Lot Size Area Maximum 11761.00 Meters Separate ElectricSeparate Gas Property Sub Type Multiple Dwellings / Structures Rent Unit1 1795 Rent Unit2 1795 Rent Unit3 1820 Rent Unit4 3500 Security Features None Sewer Septic Sewer - Public Sq Ft Source Assessor Utilities Public Utilities Water Public Zoning Apt

© 2023 MLSListings Inc. All rights reserved. Listing provided courtesy of The C Group of Real Brokerage Technologies: 831-601-8936.


© 2023 MLSListings Inc. Based on information from MLSListings MLS as of 2023-03-21T11:48:59.853. Data is updated hourly. 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. DX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or COMPASS.

Licensed in the State of California.
Website powered by BoomTown.
 
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750 University Ave Suite 150
Los Gatos CA, 95032