This 10 unit Apartment Complex is located in one of the most ideal neighborhoods in Monterey. Excellent proximity to The Naval Post Graduate School, Fisherman's Wharf and all that the City of Monterey has to offer. The accessibility of the location gives you a sense of ease and security but also allows convenient access to nearby towns, beaches, schools and local highways. All these factors lead to the continuous high demand for rental property in this area. This complex consists of 5 two-bedroom units, 4 one-bedroom units and a studio unit. Tenants pay their own PG&E and the landlord is responsible for sewer, garbage, water and common area PG&E. All units also have covered parking with storage and a shared coin-operated laundry room. There has been some updating in each unit as well as to the exterior decking, railing and landscaping. Rental income is based on the August 2021 rent roll.
MLS #
ML81860842
MLS Source
MLSListings, Inc.
Buyer's Brokerage Compensation*
2.50
Laundry
Coin Operated
Cooling
None
Heating
Wall Furnace
Roof
Other, Tar/Gravel
Foundation
Concrete Perimeter and Slab
Garage/Parking
Assigned Spaces, Carport, Garage: 0 Car(s)
Elementary District
Monterey Peninsula Unified
High School District
Monterey Peninsula Unified
Sewer
Public Sewer
Water
Public
Zoning
Comm. 5 or more units
Listing Agent
Suzanne Menendez-Herbst
Shankle Real Estate
License #: 01236254
Phone: (831) 809-0614
Co-Listing Agent
The Russell Group
License #: 70010200
Phone: (831) 320-0201
# Buildings | # Leased Units | # Total Units |
---|---|---|
– | – | 10 |
Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
---|---|---|---|---|---|---|
1 | – | 0 | 1/0 | – | $1,250 | 1 |
2 | – | 1 | 1/0 | $1,250 | $1,700 | 4 |
3 | – | 2 | 1/0 | $1,855 | $2,000 | 4 |
4 | – | 2 | 2/0 | $1,900 | $1,900 | 1 |
498 Park Ave is a Residential Income in Monterey, CA 93940. This 6,505 square foot property sits on a – Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at – and was built in 1958.
This address can also be written as 498 Park Ave, Monterey, CA 93940.©2024 MLSListings Inc. All rights reserved. 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. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from MLSListings Inc.
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* The offer of compensation is made subject to the MLS rules where the listing is filed. Please contact your agent for any questions concerning this subject matter.
This listing information is up-to-date as of February 28, 2023. For the most current information, please contact Suzanne Menendez-Herbst, (831) 809-0614