Save
Saved
Share
120 Carmelito Ave, Monterey, CA | . Photo 2 of 39
120 Carmelito Ave, Monterey, CA | . Photo 3 of 39
120 Carmelito Ave, Monterey, CA | . Photo 4 of 39
120 Carmelito Ave, Monterey, CA | . Photo 5 of 39
120 Carmelito Ave, Monterey, CA | . Photo 6 of 39
39 images
120 Carmelito Ave, Monterey, CA, 93940
Photos
About
Details
Open Houses
Interior Features
Listed by
Payment calculator
Exterior Features
Lot details
Neighborhood
Price history
Taxes
Agent viewpoints
Similar homes for sale
Recently sold homes
Request more info
FAQ
Contact agent
Save
Saved
Map View

120 Carmelito Ave Monterey, CA, 93940

$2,800,000 $1,050,000 Home for sale 9 beds 7 baths 4,389 sqft

Unique opportunity to own a two-parcel, multi-unit, estate compound in a central Monterey location. Consisting of two separate and independently parceled contiguous lots: 120 Carmelito Avenue and 942 Munras Avenue, each parcel contains individual improvements. There are 7 units in total, comprised of a 3 bedroom, 2 bath home, a two bedroom unit, 3 one bedroom units, a loft studio unit, and a stand alone commercial office. In addition, there are storage areas, parking and a workshop. The two properties offer a total of approximately 21,000 square feet of land and 5,000 square feet of improvements. Currently, 6 of the units are rented and the property is professionally managed. Owned by the same family for many years, this exceptional property is located within walking distance to downtown Monterey. The two parcels and improvements are being sold in their "As Is" present condition and are being sold together.
Read more

Property details

4,389 sqft interior area
Property type
Home
Interior area
4,389 sqft
Land area
17,040 sqft (0.39 acres)
Price per sqft
$637/sqft
Days on Verhouse
262
Address
120 Carmelito Ave, Monterey, CA, 93940
City of California
Monterey
County
Monterey
nr.of parking places
1
Year Built
1900
District
Listing

Open Houses

No upcoming open houses

Interior Features

1 parking places
Beds
9
Baths
7
Parking
1
Garage & Parking
Off Street
Heathing & Cooling
None, Wall Furnace
Other rooms
Storage

Listed by

Jim Lowell, The Agency
Name
Jim Lowell
License number
00883474
Brokerage company
The Agency
MLS #
ML81938121

Payment calculator

Calculate your monthly payments
Mortgage
$8,597
Taxes
$0
HOA dues
$0
$8,597 per month
Mortgage
$560,000 / 20%
2.28%
30 years
Your amount $8,597 / month

Exterior Features

Shingle roof
Roof
Shingle

Lot details

TMK #001672019000
Parcel nr.
001672019000

93940 info

Essentials nearby
Neighborhood stats
Walkability
Coffee shops
no data
Bus stop
no data
Supermarket
no data
Costco
no data
Hospital
no data
Park
no data
Beach
no data
Elementary school
no data
Middle school
no data
High school
no data
Local airport
no data

People living in 93940

34%
Families with children
National average: 39%
41%
Non family households
103,580
Population
$128,659
Average Income

Age & gender

Median age 52 years
More info

Commute types

73% commute by car
More info

Education level

27% have bachelor education
More info

Number of employees

3% work in education and healthcare
More info

Vehicles available

40% have 2 vehicle
More info

Vehicles by gender

40% have 2 vehicle
More info

Housing market insights for

$1.62m
Neighborhood average
sales price*
$1.22m
Neighborhood median
sales price*
198
Number
of sales*

Housing type

65% are single detacheds
More info

Rooms

37% of the houses have 4 or 5 rooms
More info

Bedrooms

65% have 2 or 3 bedrooms
More info

Owners vs Renters

57% are owners
More info
10.33 / 20
Below Average
15-20
10-15
5-10
1-5
Walkability according to the National Walkability Index

Price history

Price Decrease Dec 8, 2023
Date Event Price $/sqft Source
Dec 8, 2023 Price Decrease $2,800,000 -27.27% 637.96 MLS #ML81938121
Aug 11, 2023 New Listing $3,850,000 +37.5% 877.19 MLS #ML81938121
Aug 11, 2023 New Listing $3,850,000 877.19 MLS #ML81938118
Dec 8, 2023 Price Decrease $2,800,000 -27.27% 637.96 MLS #ML81938118

Taxes of 120 Carmelito Ave, Monterey, CA, 93940

CO zoning / MLS #ML81938121
Zoning
CO

Agent viewpoints of 120 Carmelito Ave, Monterey, CA, 93940

No reviews yet
Stunning views
Open floorplan
Needs Work
Street noise
Show more Show less
We do not have an Agent Viewpoint for this listing yet.
As soon as we do, we post it here.

Request more info

Frequently Asked Questions about 120 Carmelito Ave

What is 120 Carmelito Ave?

120 Carmelito Ave, Monterey, CA, 93940 is a single family home located in the city of Monterey, California with zipcode 93940. This single family home has 9 bedrooms & 7 bathrooms with an interior area of 4,389 sqft.

Which year was this home built?

This home was build in 1900.

What is the full address of this Home?

120 Carmelito Ave, Monterey, CA, 93940.

Are grocery stores nearby?

The closest grocery stores are Trader Joe's, 0.3 miles away and Whole Foods Market, 0.68 miles away.

What is the neighborhood like?

The 93940 zip area has a population of 103,580, and 34% of the families have children. The median age is 52.2 years and 73% commute by car. The most popular housing type is "single detached" and 57% is owner.

Based on information from the bridgeMLS as of 04-29-2024. 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.

Listing last updated on: Feb 10, 2024
Verhouse Last checked 2 minutes ago

120 Carmelito Ave, Monterey, CA, 93940 is a single family home located in the city of Monterey, California with zipcode 93940. This single family home has 9 bedrooms & 7 bathrooms with an interior area of 4,389 sqft on a 17,043 sqft sqft lot. This house was build in 1900.
The closest grocery stores are Trader Joe's, 0.3 miles away and Whole Foods Market, 0.68 miles away.
The 93940 zip area has a population of 103,580, and 34% of the families have children. The median age is 52.2 years and 73% commute by car. The most popular housing type is "single detached" and 57% is owner.

*Neighborhood & street median sales price are calculated over sold properties over the last 6 months.

Home For sale $2.8m  $1,050,000 120 Carmelito Ave, Monterey, CA, 93940 9 beds / 7 baths / 4,389 sqft Save House Remove from Saved