872 Laine St, Monterey, CA 93940

$2,800,000
6
BD
4,336
SqFt
List Price
$2,800,000
MLS#
ML81902459
Status
ACTIVE
Zoning
APT
Sqft. of Residence
4,336
Lot Size
11,761
Listing 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.

Additional Information

Acres
0.27
Age
96
Cooling System
None
Foundation
Concrete Slab
Garage Parking
Carport
Heating System
Wall Furnace
Living Area
4,336
Lot Size
11,761
Neighborhood
New Monterey
Other Utilities
Public Utilities
Roof
Composition
Sewer
Sewer - Public
Unincorporated Yn
Yes
Zoning
APT

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of The C Group from Better Homes And Gardens Real Estate By The Sea

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