0 Torres St Unit ML82051782 Carmel, CA 93923
Carmel-By-The-Sea NeighborhoodEstimated payment $23,327/month
Highlights
- Ocean View
- Radiant Floor
- Fireplace
- Carmel River Elementary School Rated A
- Balcony
- 2 Car Attached Garage
About This Home
Looking for a PREMIER coastal asset to add to your portfolio? RARE Carmel-by-the-Sea SOLID investment opportunity just moments from the Ocean with a stunning ROOFTOP PATIO offering sweeping coastal views. This perfectly positioned FOURPLEX, built in 2010, combines coastal charm, modern convenience and a strong income history in one of California's most sought-after destinations. All Tenants on lease. Gorgeous, low maintenance landscaping, locked/gated building access with a tiled, split 3 story staircase and an elevator which provides convenient access throughout the building. All units located on 1st and 2nd story - 3rd story is Rooftop Patio only. Private garage, extra garage storage units and gated/locked entrance to the building, Separate meters for PG&E and water. Radiant floor heating in each unit. Ideally located within walking distance to the beach, world-class dining, boutique shopping and the vibrant village atmosphere of Carmel-by-the-Sea, this property offers an unbeatable combination of lifestyle and investment appeal. Whether expanding your portfolio or securing a legacy property in a premier coastal market, opportunities like this are exceptionally hard to find. This fully occupied fourplex has a strong rental history making it an excellent investment.
Property Details
Home Type
- Multi-Family
Year Built
- 2010
Parking
- 2 Car Attached Garage
- Secured Garage or Parking
- On-Street Parking
Home Design
- Quadruplex
- Slab Foundation
- Tile Roof
Interior Spaces
- 2,822 Sq Ft Home
- 3-Story Property
- Fireplace
- Ocean Views
- Washer and Dryer
Kitchen
- Microwave
- Dishwasher
Flooring
- Wood
- Radiant Floor
Outdoor Features
- Balcony
Utilities
- Forced Air Heating and Cooling System
- Separate Meters
Community Details
Overview
Building Details
- 4 Leased Units
- Gardener Expense $4,189
- Insurance Expense $29,564
- Maintenance Expense $5,149
- Manager Expense $14,880
- Other Expense $3,223
- Utility Expense $1,009
- Trash Expense $4,248
- Operating Expense $112,602
- Gross Income $148,800
Security
- Controlled Access
Map
Home Values in the Area
Average Home Value in this Area
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/21/2026 06/21/26 | For Sale | $3,650,000 | -- | $1,293 / Sq Ft |
Source: MLSListings
MLS Number: ML82051782
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