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Ben Dodge

bendodge@kw.com +1(408) 829-1074

Listed by Leo Zhang • Re/Max Accord

$ 2,480,000

Est. payment | -/mo

8 Beds

2 Baths

3,737 SqFt

Save

$ 2,480,000

Est. payment | -/mo

Save

8 Beds

2 Baths

3,737 SqFt

OPEN HOUSE

Sat Jul 19, 1:00pm - 4:00pm

Sun Jul 20, 1:00pm - 4:00pm

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,737 sqft

Price per Sqft $663

MLS Listing ID BE41105045

Bedrooms 8

Year Built 1972

Lot Size 5,200 Sqft

Property Sub-Type Fourplex

Source Bay East

Property Description

Discover this exceptional 4-unit multifamily building offering a lucrative income potential of over $12,000 per month. Each unit features a spacious 2-bedroom, 1.5-bathroom townhouse-style layout, perfect for rental income or owner-occupied living with the advantage of rental income covering expenses. Enjoy the convenience of separate electrical and gas meters for each unit, providing flexibility and ease of management. The property includes 4 covered carports, ensuring ample parking for residents. Additionally, benefit from a ready-to-pull 788 sqft ADU plan, adding significant value and expanding rental opportunities. Located in a prime area with a strong renter pool, this property is ideal for long-term rentals or exploring Airbnb options. Situated in a great school district and within walking distance to amenities, including shops, restaurants, parks, and public transportation, this multifamily investment offers both convenience and potential for strong rental demand. Don't miss out on this rare opportunity to own a multifamily investment in a sought-after location. Schedule a showing today and unlock the potential of this lucrative investment! Vacant unit open house Sat & Sun 1-4pm.

Location

State CA

County Monterey

Area Forest Ave/Pine Ave

Interior

Heating Forced Air

Cooling Other

Flooring Tile, Vinyl, Carpet - Wall to Wall

Laundry Other, Washer

Exterior

Exterior Feature Stucco

Parking Features Parking Area

Garage Spaces 4.0

Roof Type Composition

Building

Lot Description Grade - Level

Sewer Sewer - Public

Water Public

Others

Tax ID 006-542-007000

Special Listing Condition New, Not Applicable

GET MORE INFORMATION

Ben Dodge

REALTOR® | Lic# DRE 01959374

bendodge@kw.com

+1(408) 829-1074

16780-A Lark Ave. Los Gatos, CA, 95032

618 Forest Ave Pacific Grove, CA 93950

Ben Dodge

OPEN HOUSE

Key Details

Location

Interior

Exterior

Building

Others

618 Forest Ave