Prime 6-Unit Multifamily Investment 429 Larkin St Immeuble residentiel 6 lots 1 915 830 € (319 305 €/Lot) Monterey, CA 93940

Mahoney & Associates is pleased to present to the market for Sale 429 Larkin St. Monterey, CA 93940. This is a rare opportunity to acquire a 6-unit multifamily property in one of Monterey's most desirable neighborhoods Spaghetti Hill, featuring a mix of two-bedroom and one-bedroom units across two buildings in a high-demand rental market. The subject is a set of two multi-unit residential buildings. Both buildings have two stories of living area, stucco exteriors, aluminum windows, and composition roofs.
The north building features two floors of apartments, with two units on each floor. These units range in size from 798 to 876 sf and have 1 to 2 bedrooms each. All units have one bathroom. Interior features include tile and stone countertops, wood cabinets, sun rooms, and fireplaces. Flooring is tile, vinyl, and carpet. The units also have deck access.
OPEN HOUSE: FRIDAY 3/28 1PM - 3PM
The south building has a 1,406 sf unit on the upper floor and a 710 sf unit on the lower floor. Both units feature two bedrooms and one full bathroom; the upper unit also features a half bathroom. Interior features include wood cabinets, laminate and tile floors, and formica countertops. The upstairs unit has a porch area and sun room, while the lower unit has a large yard area. Underneath the northern building units are three single-car garages and a basement. The garages are each 250 sf and lead into the basement. The basement is unfinished and is used primarily for storage.