457 Spencer Street, Monterey, CA 93940 - Berkshire Hathaway HomeServices California Properties
457 Spencer Street Monterey, CA 93940
$3,500,000 8 beds, 7 baths
4, 539 sqft

Agent Remarks

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!

Listing Details

Property type: Single Family Residence (Single Family)
Status: Active
MLS# ML81991134
List price is $3,500,000
Beds: 8
Baths: 7 (5 full) (2 half)
Living Room fireplaces
Built in 1975
4,539 sqft
0.13 acres
Lot size: 0.1343
County: Monterey
Property style: Contemporary
Zoning: R3
Interior features: Walk-In Closet(s)
Appliances: Double Oven,Dishwasher,Electric Cooktop,Gas Cooktop,Microwave,Range Hood,Vented Exhaust Fan
Heating description: Central
MLS area: 699 - Not Defined

Last Updated: 4/26/2025

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This listing belongs to the 699 - Not Defined MLS area

The style of this listing is Contemporary.
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Lat/Long: 36.610092, -121.903995.
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Listing Agent: Monterey Peninsul...
Lic#: 01801928
Office Name: Sherman Oaks

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