2SW Ocean Avenue On Lincoln St
Carmel By The Sea, CA 93921
La Rambla, Carmel-by-the-Sea · Retail Property For Sale

Mahoney & Associates is pleased to present for sale the completely renovated, La Rambla. Originally designed by Guy O. Koepp and built in 1929, La Rambla has just undergone a multi-year complete renovation, and is now one of the finest properties in downtown Carmel-by-the-Sea. The property consists of two commercial units, two second-story luxury residential apartments, large european courtyard, elevator, laundry room, storage units, and reception room. The two commercial spaces and basement storage rooms are leased, on a long-term basis, to a well-established local retail clothing operator. Both commercial spaces have hardwood flooring throughout, and high end restrooms. The two luxury residential apartments are currently leased on a short-term basis as vacation rentals. Both residential units have hardwood floors throughout, gourmet kitchens, KithenAid/Miele appliances, marble bathrooms, patio/deck, flatscreen TV's, luxury furniture, built-in storage, and ocean views. All furniture in the residential units is included in the sale. La Rambla is famous for it's private and exclusive european courtyard. Designed to host small events, the courtyard is +/- 1,700 sf, has designer lighting throughout, includes european outdoor furniture, full outdoor sound system, and is complimented by a +/- 300 sf basement level reception room. Being a historic building, Buyer's should research any associated property tax benefits of ownership. La Rambla is located just steps off the iconic Ocean Avenue in downtown Carmel-by-the-Sea and only six blocks from the famous Carmel Beach. More specifically, La Rambla is the second property on Lincoln Street from the south west corner of Ocean Avenue and Lincoln Street.