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$ 1,525,000
Est. payment /mo
Open Sat 2PM-4PM
338 Watson ST Monterey, CA 93940
5 Beds
4 Baths
1,975 SqFt
Open House
Sat Aug 23, 2:00pm - 4:00pm
Sun Aug 24, 2:00pm - 4:00pm
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,975 sqft
Price per Sqft $772
MLS Listing ID ML82018507
Bedrooms 5
Full Baths 3
Half Baths 1
HOA Y/N No
Year Built 1954
Lot Size 6,507 Sqft
Property Sub-Type Single Family Residence
Property Description
Ocean Views, Vintage Charm & Rental Income in Old Monterey! Experience the charm of Old Monterey with this rare triplex offering ocean views and strong income potential. Set on a spacious 6,500 sq. ft. street-to-alley lot, the property features a 1,369 sq. ft. main home with 2 bedrooms and 1 bath vacant and ready for your vision. An attached 605 sq. ft. 1-bedroom, 1-bath unit rents for $1,795/month, while a detached 934 sq. ft. 2-bedroom, 2-bath unit with ocean views earns $2,450/month. A 2-car garage and flexible layout add to the appeal, making this an ideal opportunity to live in one unit while generating steady rental income or to create a dream compound. Located near the Wharf, MIIS, downtown Monterey, beaches, and all the natural beauty of the Monterey Peninsula, this is a truly special property with endless possibilities.
Location
State CA
County Monterey
Area 699 - Not Defined
Zoning R 3-5
Interior
Heating Central
Cooling None
Fireplaces Type Living Room
Fireplace Yes
Exterior
Garage Spaces 2.0
Garage Description 2.0
View Y/N No
Roof Type Other
Total Parking Spaces 2
Building
Story 2
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Other
Others
Tax ID 001375036000
Special Listing Condition Standard
Listed by Doug Steiny Sotheby's International Realty