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513-531 Belden St
Monterey, CA 93940
513 - 531 Belden Street · Multifamily Property For Sale
·
6 Units
PROPERTY FACTS
| No. Units | 6 | Lot Size | 0.27 AC |
| Property Type | Multifamily | Building Size | 4,500 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1952 |
| Building Class | B | Parking Ratio | 2.22/1,000 SF |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.27 AC |
| Building Size | 4,500 SF |
| No. Stories | 2 |
| Year Built | 1952 |
| Parking Ratio | 2.22/1,000 SF |
AMENITIES
SITE AMENITIES
- Laundry Facilities
- Grill
ABOUT 513-531 BELDEN ST , MONTEREY, CA 93940
Mahoney & Associates and Cushman Wakefield are pleased to present the exclusive offering to purchase the fee simple interest in a recently updated New Monterey apartment complex. Located at 513-351 Belden Street in Monterey, California, this 6-unit complex is located blocks from Cannery Row and a few minutes from the beach, both known for their pristine sandy coves. The 513-531 Belden Street apartments are in a prime location just 1 mile south of downtown from Monterey and 2 miles from Scenic Seventeen Mile Drive Within 10 minutes’ drive from these units, guests will find the Monterey Bay Aquarium and Fisherman's Wharf. The property sits on 11,700 SF of land in New Monterey. Rare opportunity to acquire New Monterey apartment complex Opportunity to reposition asset in one of "America’s Favorite Towns”- Travel + Leisure (2017) Extremely High Barriers to Entry Minutes from Cannery Row and Asilomar State Beach Fee Simple Units recently updated and have ocean views Condo Conversion possible
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 6 | $1,638 | 672 - 720 |
PROPERTY TAXES
| Parcel Number | 001-095-013-000 | Improvements Assessment | $1,672,845 |
| Land Assessment | $669,309 | Total Assessment | $2,342,154 |
PROPERTY TAXES
