$2,350,000
For Sale

674 Laine Street

Monterey, CA 93940
4320 sqft | 0.13 acres | #ML81994096
Listing OfficeMarcus & Millichap
Browse 18 photos
Type:Multi-Family
Structure:4 Family
Zone:Residential

Description

674 Laine St is a stunning 4-unit apartment complex located in the thriving city of Monterey, California. Situated on a 5,750 square foot parcel of land, the subject property was originally constructed in 1964 and has a gross building area of approximately 4,320 square feet, offering its tenants beautifully designed two-bedroom floor plans. The subject property is strategically situated offering tenants easy access to Scholze Park, the Naval Postgraduate School, Monterey Peninsula College, and the Old Fisherman's Wharf. Additionally, Cannery Row is located within walking distance to 674 Laine St(0.3mi), and is home to a myriad of high-end shopping, entertainment and dining options including the Monterey Bay Aquarium, Ghirardelli Ice Cream & Chocolate Shop, Treasure Hunt the Ride, Lalla Grill as well as numerous others. Tenants also enjoy convenient access to transportation corridors including U.S. Route 1, California State Route 68, as well as other modes of transportation including the Monterey-Salinas Transit (MST), providing an inexpensive, hassle free commute to the regions major employers end entertainment centers on the Peninsula and throughout Monterey County.

  • Property Details
      • FoundationConcretePerimeter
      • Property TypeMulti-Family
      • Original List Price$2,350,000
      • MLS #ML81994096
      • Property SubtypeQuadruplex
      • MLS #ML81994096
      • CountyMonterey
      • Taxes Annual$25,767
      • Cost2350000
      • Utility SourcePublic
      • Acres0.132
      • School DistrictOther
      • Square Feet4320
      • Year Built1964
      • Stories2

Location

Annette CapranicaReal Estate Group

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