About 737 Laine St
Rare find with high rental income potential, an exquisite 5 unit apartment building located in Monterey, CA. 737 Laine St. is close to key amenities including Cannery Row and New Monterey Downtown shopping, restaurants and coveted beaches. This building will attract tenants looking for a vibrant downtown lifestyle. A rare opportunity for any multi-family investor looking to add a highly sought after property to their portfolio. At present, this property, fully leased to tenants all current with their leases, is in a unique position because of its outstanding location, its potential for increased income, to be a significant & unique addition to ones real estate investment portfolio and/or a great 1031 Exchange.
Features of 737 Laine St
| MLS® # | ML81944426 |
|---|---|
| Price | $1,650,000 |
| Square Footage | 2,577 |
| Acres | 0.13 |
| Year Built | 1983 |
| Type | Multi-Residential |
| Sub-Type | Five or More Units |
| Status | Sold |
Community Information
| Address | 737 Laine St |
|---|---|
| Area | Monterey - A |
| City | MONTEREY |
| County | Monterey |
| State | CA |
| Zip Code | 93940 |
Amenities
| Utilities | Public Utilities |
|---|---|
| Is Waterfront | No |
Interior
| Heating | Central Forced Air Heat, Heat-See Fireplace |
|---|---|
| Cooling | Other |
| Fireplace | No |
| Has Basement | No |
Exterior
| Roof | Composition Roof |
|---|---|
| Foundation | Concrete Slab |
School Information
| Attendance Zone | WALTER COLTON MIDDLE SCHOOL, MONTEREY HIGH SCHOOL, MONTE VISTA ELEMENTARY SCHOOL |
|---|
Additional Information
| Zoning | R-1-15 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Robert Slawinski |
|---|---|
| Office | eXp Realty of California Inc |
| Office Contact | 408-505-0708 |
Listing Map
Listing Schools/Amenities
Listing Price, Sale, & Status History
Status Changed from Contingent to Sold
