942 Munras Avenue

The Agency Group and Mahoney and Associates Commercial Real Estate presents a very unique and recognized Monterey property. Comprised of a total of approximately 20,979 SF of land and approximately 5,033 SF of improvements, the 2 sites being offered have been owned for a generation by a prominent Monterey family and are now being offered for sale. Although there are 2 properties, they are being sold together.

Properties:

• 942 Munras Ave, Monterey, CA 93940

Is currently office space – not a residential unit. It may be possible to convert it to a 2/1 residential unit however it would require the addition of a shower.

Site size: 4,280

Building area: Approx. 644 square feet

Improvements: One (1) commercially zoned building with

1.5 bath

•120 Carmelito Ave, Monterey, CA 93940

120 Carmelito is the largest structure and is a 3 bed 2 bath house. It is connected to 118 Carmelito by a small storage area. 118 Carmelito is a studio with a loft. 110 Carmelito and 952 Munras are a duplex. 118 Carmelito was used by the owner as a guest house. 942 Munras Avenue is a detached cottage. 112 Carmelito is a 2-bedroom unit above a storage/workshop.

Site size: 16,699 square feet

Building area: Approximately 4,389 square feet

Improvements: Six (6) total units

Of the dwellings, all are currently rented with the exception of 110 Carmelito and an office/workshop area.