SOLD 02/29/2024
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Commercial sold for $1,000,000 in 93 days
296 Van Buren St Monterey, CA, 93940
Off the market Comm Ind For Sale
Investment Opportunity in Monterey, CA - *Bundle portfolio sold with 300 Van Buren!* 296 Van Buren Street Welcome to this exceptional investment property in the heart of picturesque Monterey, California. Situated on a generous 6,850 square foot lot, this versatile property offers an impressive total living space of 4,421 square feet, comprising a single-family home (SFH) and a quadplex. What sets this property apart is its immediate potential, with the SFH and three units in the quadplex currently vacant, ready for occupancy or customization according to your preferences. Location is key, and this property is under 1 mile from the beautiful beach, making it perfect for beach enthusiasts and outdoor lovers. Additionally, it's less than half a mile from shopping, dining, and essential community services, ensuring convenience for your daily needs. If you're looking to expand your real estate portfolio, there's an exciting option to combine this sale with the adjacent property at 300 Van Buren Street, providing even more investment potential. Don't miss the chance to own this Monterey gem with significant opportunities encompassing addresses 292 - 300. 296 Van Buren Street (and combined with 300 Van Buren) is your exceptional investment opportunity. Schedule a viewing today and let y
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Property details
4,941 sqft interior area
Land area
6,850 sqft (0.16 acres)
Address
296 Van Buren St, Monterey, CA, 93940
City of California
Monterey
County
Monterey
Year Built
1950
Parking Spaces
3
District
Listing
Nearby major retailers
Costco
Trader Joe's
Whole Foods Market
Safeway
Wholesale: 1
Supermarket: 4
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Interior Features
3 parking places
Roof
Shingle
Utilities Included
Other
Listed by
Shea Wigton, Compass
Name
Shea Wigton
License number
02113775
Brokerage company
Compass
MLS #
CL23317463
Buyer agent
Name
Datashare Cr Don't Delete Default Agent
Brokerage company
Datashare CR Default Office Don't Delete
Payment calculator
Calculate your monthly payments
Mortgage
$3,071
Taxes
$0
HOA dues
$0
Mortgage
$200,000 / 20%
2.28%
30 years
Your amount
$3,071 / month
Exterior Features
Stucco, Wood Siding construction and more
Construction
Stucco, Wood Siding
Lot details
TMK #001382011000
Parcel nr.
001382011000
93940 info
Essentials nearby
Neighborhood stats
Walkability
Coffee shops
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no data
Bus stop
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no data
Supermarket
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no data
Costco
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no data
Hospital
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no data
Park
—
no data
Beach
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no data
Elementary school
—
no data
Middle school
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no data
High school
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no data
Local airport
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no data
People living in 93940
35%
Families with children
National average: 39%
42%
Non family households
103,580
Population
$128,659
Average Income
Age & gender
Median age 46 years
More info
Commute types
77% commute by car
More info
Education level
26% have bachelor education
More info
Number of employees
6% 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
$1.44m
Neighborhood average
sales price*
sales price*
$1.23m
Neighborhood median
sales price*
sales price*
186
Number
of sales*
of sales*
Housing type
57% are single detacheds
More info
Rooms
35% of the houses have 4 or 5 rooms
More info
Bedrooms
63% have 2 or 3 bedrooms
More info
Owners vs Renters
52% are owners
More info
8.17 / 20
Below Average
►
15-20
Most Walkable
10-15
Above Average
5-10
Below Average
1-5
Least Walkable
Walkability according to the National Walkability Index
Price history
Sold Feb 29, 2024
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Feb 29, 2024 | Sold | $1,000,000 | 0 | Public Record |
| Feb 29, 2024 | Price Decrease | $1,000,000 -37.3% | 0 | MLS #CL23317463 |
| Dec 20, 2023 | Pending | $1,595,000 | 0 | MLS #CL23317463 |
| Nov 29, 2023 | New Listing | $1,595,000 | 0 | MLS #CL23317463 |
Taxes of 296 Van Buren St, Monterey, CA, 93940
R3 zoning / MLS #CL23317463
Zoning
R3
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Frequently Asked Questions about 296 Van Buren St
What is 296 Van Buren St?
296 Van Buren St is a Commercial/Industrial propertywith 4,941 sqft interior space.
What is the rental income?
-
What is the full address of this Commercial?
296 Van Buren St, Monterey, CA, 93940.
What comparable properties are nearby?
Comparable nearby commercial properties include 1084 Cass St, 1088 Cass St, 761-767 Lighthouse Ave, 2400 Garden Rd, 5 Harris Ct Unit C Ct, 12 Lower Ragsdale Dr.
Based on information from the bridgeMLS as of 05-09-2024. 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: Mar 01, 2024
Verhouse Last checked 3 minutes ago
The closest grocery stores are Trader Joe's, 0.41 miles away and Andronico's, 1.14 miles away.
The 93940 zip area has a population of 103,580, and 35% of the families have children. The median age is 46.53 years and 77% commute by car. The most popular housing type is "single detached" and 52% is owner.
