737 Laine Street, Monterey, CA 93940

About this commercial property

Rare find with high rental income potential, an exquisite 5 unit apartment building located in Monterey, CA. 737 Laine St. is close to key amenities including Cannery Row and New Monterey Downtown shopping, restaurants and coveted beaches. This building will attract tenants looking for a vibrant downtown lifestyle. A rare opportunity for any multi-family investor looking to add a highly sought after property to their portfolio. At present, this property, fully leased to tenants all current with their leases, is in a unique position because of its outstanding location, its potential for increased income, to be a significant & unique addition to ones real estate investment portfolio and/or a great 1031 Exchange.

Listing description from the March 2024 sale, as reported to CRMLS.

Sale history

$1,450,000

Sold March 2024 · listed $1,650,000, orig. $1,850,000, on market October 2023 · MLS #ML81944426 · Source: CRMLS

Listing Agent: Robert Slawinski · Listing Office: eXp Realty of California Inc · Contact: (888) 584-942... · Bought with: Kevin Cesario · Real Brokerage Technologies

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