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.
MLS #
ML81902459
MLS Source
MLSListings, Inc.
Days on Site
232
Buyer's Brokerage Compensation*
2.50%
Cooling
None
Heating
Wall Furnace
Roof
Composition
Foundation
Slab
Garage/Parking
Carport, Garage: 0 Car(s)
Elementary District
Monterey Peninsula Unified
High School District
Monterey Peninsula Unified
Sewer
Public Sewer
Water
Public
Zoning
APT
872 Laine St is a Residential Income in Monterey, CA 93940. This 4,336 square foot property sits on a 0.27 Acres Lot and features – bedrooms & – full bathrooms. It is currently priced at $2,800,000 and was built in 1926.
This address can also be written as 872 Laine St, Monterey, CA 93940.©2023 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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This listing information is up-to-date as of January 27, 2023. For the most current information, please contact The C Group, (831) 601-8936