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4-Bedroom Residential — 1199 Monterey, Hollister, CA

$749,000

1199 Monterey, Hollister, CA

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About this property

This property presents a rare investment and value-add opportunity in the heart of Hollister. This unique Duplex offers multiple income-producing possibilities and significant upside potential. The second unit is currently occupied by a Section 8 tenant, providing stable and consistent rental income. The main house is currently mid-remodel with approved permits already in place, offering a head start for investors or owner-occupants looking to complete the project to their vision. The interior features exposed framing throughout, while a substantial portion of the rough electrical and plumbing work has already been completed. Additional improvements include a new water heater, paid solar, new HVAC unit, and a substantial amount of new ducting already installed. Situated on a generous lot, the property offers flexibility for future improvements, additional rental potential, or multi-generational living. Conveniently located near schools, shopping, dining, and downtown Hollister amenities, this property is an excellent opportunity for investors, contractors, or buyers seeking a project with strong upside and existing income potential. Property will require a cash buyer or hard money financing due to the current condition and ongoing remodel. Drive-by only — please do not disturb occupants.

Property details

Bedrooms
4
Bathrooms
4
Square feet
2,466
Year built
1948
Property type
Residential

Location

1199 Monterey • Hollister, CA 95023

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Listed by

Steven Major · Steve Major and Associates