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751 Spencer St
Monterey, CA 93940
751 Spencer Street, New Monterey, CA · Multifamily Property For Sale
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4 Units
Property Facts
| No. Units | 4 | Lot Size | 0.13 AC |
| Property Type | Multifamily | Building Size | 3,149 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1973 |
| Building Class | C | Parking Ratio | 1.27/1,000 SF |
| Zoning | Multi-Family | ||
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.13 AC |
| Building Size | 3,149 SF |
| No. Stories | 2 |
| Year Built | 1973 |
| Parking Ratio | 1.27/1,000 SF |
| Zoning | Multi-Family |
About 751 SPENCER ST , MONTEREY, CA 93940
4 Unit apartment complex in New Monterey with ocean views. Close to Lighthouse Avenue commercial district, downtown Pacific Grove, and upper Pacfiic Grove commercial district. The Pacific Ocean, Starbucks, Monterey Bay Bike Trail, gyms, services, restaurants, and major employment centers are a short distance from 751 Spencer Street. The unit mix features 2 one bedroom / one bathroom units and 2 two bedroom /one bathroom units. Three units have ocean views. There is significant potential rent upside on current rents.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 2 | $1,725 | 892 - 1,002 |
| 1+1 | 2 | $1,400 | 580 - 594 |
Property Taxes
| Parcel Number | 001-089-005-000 | Improvements Assessment | $996,398 |
| Land Assessment | $501,981 | Total Assessment | $1,498,379 |
Property Taxes
