440 Dela Vina Avenue, Monterey, CA 93940

About this commercial property

Great investment property located in a desirable area of Monterey. This five unit complex consists of all two bedrooms with one bath. All units are currently rented. The lot size is 7405 sq feet and building is 4035 sq feet. There is a common area that is directly above the carports. There is also additional storage for each unit. There is a separate coin operated Laundry room. Energy efficient Dual pane windows throughout. This property is centrally located in many desirable areas. Most of the units are under rented, so there is upside potential!

Listing description from the August 2023 sale, as reported to CRMLS.

Sale history

$1,750,000

Sold August 2023 · listed $1,825,000, orig. $1,950,000, on market December 2022 · MLS #ML81914529 · Source: CRMLS

Listing Agent: Bill Backus · Listing Office: Backus Properties · Contact: 831-758-3898 · Bought with: Satnam Singh

$1,700,000

Sold May 2021 · listed $1,650,000, on market April 2021 · MLS #ML81838569 · Source: CRMLS

Listing Agent: Angela Iglesias · Listing Office: Paramount Properties · Contact: (831) 372-6050 · Bought with: Bill Backus · Backus Properties

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