REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 289,000
Est. payment | /mo
1 Bed
1 Bath
301 SqFt
$ 289,000
Est. payment | /mo
1 Bed
1 Bath
301 SqFt
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 301 sqft
Price per Sqft $960
MLS Listing ID ML82002345
Bedrooms 1
Full Baths 1
HOA Y/N No
Year Built 1968
Lot Size 4,399 Sqft
Property Sub-Type Single Family Residence
Property Description
Proposed 2 UNITS!! Discover the incredible potential! An investor, contractor's dream opportunity. This property is primed for transformation, offering a strategic pathway to a lucrative investment. The charming house comes with city-approved construction plans that allow for a flexible redevelopment into a profitable 2 units. The plans include converting the existing structure into an Accessory Dwelling Unit (ADU) and constructing a new primary residence unit at the rear, with the City having already approved a variance for this addition and a reduction in required parking spaces to two. The proposed ADU will encompass 620 square feet, 2bd/1ba. The main unit will offer a 997 square feet, 3bd/2ba. This redevelopment presents a significant upside for both quick flips and long-term rental investments. Opportunities like this are rare, especially with expansion plans already in place and approved. Dont miss your chance to capitalize on this promising investment. **DO NOT GO ONTO PROERTY**
Location
State CA
County Monterey
Area 699 - Not Defined
Zoning R1
Interior
Cooling None
Fireplace Yes
Exterior
View Y/N No
Roof Type Composition
Building
Story 1
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Other
Others
Tax ID 024094015000
Listed by Chantel Henson Compass
GET MORE INFORMATION
Justin & Jessica Bouzane
Broker Associate | Lic# 01905244