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8 El Caminito Rd 3,614 SF Specialty Building Offered at $2,999,000 in Carmel Valley, CA 93924



Investment Highlights
- MIxed Use with Residential, Residential Income, Commercial Office, and a 4 car garage on a 18,000+ sq. ft. flat lot
- Live in Carmel Valley Village with its wineries, weather, restaurants, and privacy
- Fully remodel completed in 2019.
- Ryan Ranch / Highway 68 car condo garage spaces are selling for $670-$750 per square foot with no exterior land
- Commercial & Residential Income ($5043/ month) offsets ownership costs
Executive Summary
Carmel Valley Village mixed use with possibilities including a 4-car garage for car lovers. This 1,575 sq. ft. garage & 18,248 sq. ft. lot is highly valuable to contractors, RV owners, or car enthusiasts - Highway 68 car condo's sell for $750 per sq. ft., which equals $1,181,250 in garage value - only 75 feet from your front door. No driving to Ryan Ranch. The commercial spaces front El Caminito Road, creating a private courtyard feel and the possibility to shut yourself off from the world. The property is a short distance (100 yards) to everything the Village has to experience, including wineries, restaurants, grocery stores, and more. This completely remodeled property has residential, commercial, & a home that can be a one or two-bedroom residence. The rear section of the building has been transformed into a 2 bed / 2 bath primary residence with high ceilings, a large open living space, and tall windows providing views from the living room/kitchen & opening into the private courtyard. The property is perfect for a primary or 2nd home. The commercial & residential income offsets ownership costs. Come to the Village & visit this rarely available mixed-use property which offers much more to see & experience.
Property Facts In Escrow
Amenities
- Wheelchair Accessible
- Smoke Detector
Property Taxes
| Parcel Number | 187-433-039-000 | Improvements Assessment | $766,644 |
| Land Assessment | $562,300 | Total Assessment | $1,328,944 |
Property Taxes
Parcel Number
187-433-039-000
Land Assessment
$562,300
Improvements Assessment
$766,644
Total Assessment
$1,328,944
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8 El Caminito Rd
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