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$ 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
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 4,400 Sqft
Acres 0.101
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
Zoning R1
Interior
Heating Other
Cooling None
Fireplaces Type Other
Fireplace Yes
Exterior
Private Pool false
Building
Story 1
Sewer Public Sewer
Water Public
Level or Stories One Story
New Construction No
Schools
School District South Monterey County Joint Union High
Others
Tax ID 024094015000
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Listed by Chantel Henson • Compass