NOT LISTED FOR SALE

20 Esquiline Rd Carmel Valley, CA 93924

Carmel Valley Village Neighborhood
2 Beds
2 Baths
12,300 Sq Ft
1.1 Acres

Last Sold November 20, 2023

Last sale price $4,150,000 $337 Per Sq Ft

182 Days on Market

Highlights

  • Private Pool
  • Guest Parking
  • Forced Air Heating and Cooling System
  • Tularcitos Elementary School Rated A

About This Home

As of November 2023

Low density apartment complex in garden setting. Townhouse style 2 bedroom, 1.5 baths each. Most units have washer/dryer hookups. Located in tranquil setting in Carmel Village. Such units rarely available. No offers will be responded to before 3/23/23.

Last Agent to Sell the Property

Peter Baird

Baird Partnership, Inc. License #00533485 Listed on: 03/09/2023

Last Buyer's Agent

Peter Baird

Baird Partnership, Inc. License #00533485 Listed on: 03/09/2023

Property Details

Home Type

  • Multi-Family

Year Built

  • 1954

Lot Details

  • 1.1

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 12,300 Sq Ft Home
  • 2-Story Property

Parking

  • 13 Parking Spaces
  • 12 Carport Spaces
  • Guest Parking

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Septic Tank

Additional Features

  • Private Pool
  • 1.1 Acre Lot

Listing and Financial Details

  • Total Actual Rent $308,000

Community Details

Overview

  • 12,300 Sq Ft Building

Building Details

  • 12 Leased Units
  • Gardener Expense $4,180
  • Insurance Expense $6,994
  • Maintenance Expense $12,000
  • Manager Expense $21,231
  • Utility Expense $3,875
  • Trash Expense $5,107
  • Operating Expense $102,639
  • Gross Income $298,760

Property Details

Home Type

Multi-Family

Year Built

1954

Lot Details

0

Listing Details

  • Zoning: HDR/B-6-D-S-RAZ
  • Subclass: Multiple Dwellings / Structures
  • Age: 69
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 12300
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1954

Interior Features

  • Living Sq Ft: 12300
  • Stories: 2

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Yes
  • Roof: Composition
  • Pool: Pool - Fenced, Pool - In Ground

Garage/Parking

  • Parking Spaces: 13
  • Garage Parking Features: Guest / Visitor Parking
  • Carport Min: 12

Utilities

  • Cooling System: Central Forced Air - Gas
  • Heating System: Central Forced Air
  • Sewer/Septic System: Existing Septic

Schools

  • School District: Carmel Unified
  • Elementary School: Tularcitos Elementary
  • Middle School: Carmel Middle
  • High School: Carmel High
  • High School: 497
  • Elementary School: 514
  • Middle School: 511

Lot Info

  • Lot Acres: 1.1020
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 48003.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 48003.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease
  • Gross Rent Multiplier: 13.80
  • Number Of Leased: 12

Multi Family

  • Utilities: Individual Electric Meters
  • Expense Insurance: 6994
  • Expense Landscape: 4180
  • Expense Maintenance: 12000
  • Expense Management: 21231
  • Expenses Total: 102639
  • Expenses Utility: 3875
  • Expense Trash: 5107
  • Income Annual Gross: 298760.00
  • Income Annual Rental: 308000
  • Income Gross Scheduled: 308000
  • Income Includes: Coin Operated Equip
  • Meters: Separate Electric
  • Number Of Buildings: 3
  • Operating Expenses Include: Insurance, Maintenance, Utilities
  • Tenant Expenses: Utilities - Electric
  • Vacancy Factor: 3

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2023 11/20/23 Sold $4,150,000 -2.4% $337 / Sq Ft
09/08/2023 09/08/23 Pending -- -- --
06/02/2023 06/02/23 Price Changed $4,250,000 -10.5% $346 / Sq Ft
03/09/2023 03/09/23 For Sale $4,750,000 -- $386 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Peter Baird

    Seller's Agent in 2023

    Peter Baird

    Baird Partnership, Inc.

    (831) 275-0000

    1 in this area

    15 Total Sales

    Peter Baird
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Map

Source: MLSListings

MLS Number: ML81921124

MLSListings
California Monterey County Carmel Valley 93924 Carmel Valley Village

20 Esquiline Rd, Carmel Valley, CA

This home is located at 20 Esquiline Rd, Carmel Valley, CA 93924 since 09 March 2023. This property was built in 1954. 20 Esquiline Rd is a home located in Monterey County with nearby schools including Tularcitos Elementary School, Carmel Middle School, and Carmel Valley High School.

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