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2001 David Ave
Monterey, CA 93940
Multifamily Property For Sale · 5 Units

INVESTMENT HIGHLIGHTS

  • Rare opportunity to acquire New Monterey apartment complex
  • Minutes from Cannery Row and Asilomar State Beach
  • Units recently updated and have ocean views
  • Extremely High Barriers to Entry
  • Fee Simple
  • Strong rental demand and rental upside

PROPERTY FACTS

No. Units 5
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.12 AC
Building Size 4,120 SF
No. Stories 2
Year Built 1964
Parking Ratio 0.97/1,000 SF
Zoning R-3-5

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1 5 $1,613 782 - 992

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
001-192-001-000
Land Assessment
$865,945
Improvements Assessment
$921,566
Total Assessment
$1,787,511
  • Listing ID: 20472379

  • Date on Market: 7/31/2020

  • Last Updated:

  • Address: 2001 David Ave, Monterey, CA 93940

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