Attention 1031 exchangers, investors or even second home searchers!!! Here is a rare opportunity to own a unique New Monterey 4 unit apartment complex with a spacious apx 1934 SF penthouse on top featuring expansive views of Monterey Bay and city lights. Also rare is the fact that all 4 units have been remodeled with updated flooring, countertops, stainless steel appliances, new windows, sliding glass doors, and paint inside and out. The penthouse boasts 3 bedrooms and 2.5 baths including a primary suite, open beam ceilings and a wall of windows facing the Monterey Bay. There is a fireplace in the roomy living room, plus a dedicated dining room, ample kitchen, a dedicated laundry room and an apx. 151 SF deck. Below is a roughly 913 SF 2 bed, 1 bath unit and an approximately 714 SF 1 bed, 1 bath unit, both with bay views. Lastly, is an apx 978 SF 2 bedroom, 1.5 bath, townhouse style unit with the living space below and the bedrooms above w/ a private backyard. In total there is over 4500 SF of living space! Other amenities include 4 car garage, a community laundry room, a large storage area, several decks and new insulated top of the line garage doors. What a great opportunity to keep one for yourself and rent the rest out!
Property Details
Property Features
Property Information:
Architectural Style: Contemporary
Year Built: 1975
Stories: 3
Living Area: 4,539 SqFt
Listing Office:
Office Name: KW Coastal Estates
Office Phone: (831) 622-6200
Listing Agent: Monterey Peninsul...
Interior Features
Interior Information:
Appliances: Double Oven, Dishwasher, Electric Cooktop, Gas Cooktop, Microwave, Range Hood, Vented Exhaust Fan
This property is $2.4M more than the Median Sold Price and $36/SqFt more than other homes in Monterey, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #ML81962259
Listing Office:
Office Name: KW Coastal Estates
Office Phone: (831) 622-6200
Listing Agent: Monterey Peninsul...
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 5/5/2024, 9:20:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
6
/10
Monte Vista
251 Soledad Dr
Distance between this listing and this school1.48 miles
Public District Grades KG-5
Middle School
4
/10
Walter Colton
100 Toda Vista Dr
Distance between this listing and this school1.30 miles
Public District Grades 6-8
High School
7
/10
Monterey High School
101 Herrmann Dr
Distance between this listing and this school1.04 miles
Public District Grades 9-12
Assigned Schools
6
/10
Monte Vista
251 Soledad Dr
Distance between this listing and this school1.48 miles
Public District Grades KG-5
Nearby Schools
9
/10
Robert Down Elementary School
485 Pine Ave
Distance between this listing and this school0.93 miles
Public District Grades KG-5
6
/10
Forest Grove Elementary School
1065 Congress Ave
Distance between this listing and this school1.31 miles
Public District Grades KG-5
Assigned Schools
4
/10
Walter Colton
100 Toda Vista Dr
Distance between this listing and this school1.30 miles
Public District Grades 6-8
Nearby Schools
7
/10
Pacific Grove Middle School
835 Forest Ave
Distance between this listing and this school0.94 miles
Public District Grades 6-8
5
/10
Monterey Bay Charter
1004 David Ave
Distance between this listing and this school1.46 miles
Public Charter Grades KG-8
Assigned Schools
7
/10
Monterey High School
101 Herrmann Dr
Distance between this listing and this school1.04 miles
Public District Grades 9-12
Nearby Schools
8
/10
Pacific Grove High School
615 Sunset Dr
Distance between this listing and this school1.13 miles
Public District Grades 9-12
4
/10
Seaside High School
2200 Noche Buena St
Distance between this listing and this school3.80 miles
The neighbors living near this home have an average income of $61,657. The most common annual income of people living in Monterey, CA is between $35k-100k. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.
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This home is located at 457 Spencer St in Monterey, CA and zip code 93940. This 4,539 square foot home, which was built in 1975, sits on a 0.13 acre lot. It has been listed on Rocket Homes since April 25, 2024 and is currently priced at $3,500,000.
In April 2024, from all listings sold in Monterey, CA there were more than 13 sold above asking price, over 10 sold below and more than 6 were sold right at the asked price. The number of homes for sale in Monterey, CA increased by 35.8% between March 2024 and April 2024. The median list price of listings available in April 2024 was $1,040,500, while the average time on the real estate market was 47 days.
From Rocket Homes Real Estate and based on county public records data.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
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