NOT LISTED FOR SALE

201 Dunecrest Ave Monterey, CA 93940

Del Monte Beach Neighborhood
8 Beds
7 Baths
4,000 Sq Ft
7,092 Sq Ft Lot

Last Sold March 22, 2022

Last sale price $3,277,000 $819 Per Sq Ft

7 Days on Market

Highlights

  • 4 Car Attached Garage
  • Forced Air Heating System
  • 2-minute walk to Spray Ave. Tot Lot
  • Monterey High School Rated A
  • Carpet

About This Home

As of March 2022

LOCATION-LOCATION-LOCATION! Completely renovated 4-plex with permits and ocean views in the Del Monte Beach neighborhood. Steps from the sand/surf/walking-bike trail leading to downtown Monterey / Cannery Row, Restaurants, shops, brewery's! All 4 units have,-brand-new flooring, appliances, lighting, Milgard windows/sliders, bathrooms and kitchens cabinets with soft closing doors/drawers, cortz countertops in all kitchens and bathrooms, interior and exterior paint. each units has its own washer/dryer hook ups(NOT SHARED). Each unit has a 1 car garage space.

Last Agent to Sell the Property

Jerid K. Kiedrowski

Christie's International Real Estate Sereno License #01442064 Listed on: 02/04/2022

Christie's International Real Estate Sereno

Last Buyer's Agent

Michele Altman

Sotheby’s International Realty License #01310623

Sotheby’s International Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • 1967

Lot Details

  • 7,092

Parking

  • 4 Car Attached Garage

Home Design

  • Quadruplex
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 4,000 Sq Ft Home
  • 2-Story Property
  • Washer and Dryer Hookup

Flooring

  • Carpet
  • Vinyl

Additional Features

  • 7,092 Sq Ft Lot
  • Forced Air Heating System

Listing and Financial Details

  • Total Actual Rent $153,600

Community Details

Overview

Building Details

  • Gardener Expense $1,200
  • Insurance Expense $6,000
  • Maintenance Expense $4,608
  • Manager Expense $7,680
  • Operating Expense $50,233
  • Gross Income $148,992

Property Details

Home Type

Multi-Family

Year Built

1967

Lot Details

0

Parking

4

Listing Details

  • Zoning: RM3
  • Subclass: Fourplex
  • Age: 55
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 4000
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1967

Interior Features

  • Living Sq Ft: 4000
  • Stories: 2
  • Laundry: Hookups Only
  • Flooring: Carpet, Vinyl / Linoleum

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 4
  • Parking Spaces: 4
  • Garage Parking Features: Attached Garage

Utilities

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

Schools

  • School District: Monterey Peninsula Unified

Lot Info

  • Lot Acres: 0.1628
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7092.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7092.00

Rental Info

  • Existing Lease Term(s): Building Vacant
  • Gross Rent Multiplier: 18.20

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 6000
  • Expense Landscape: 1200
  • Expense Maintenance: 4608
  • Expense Management: 7680
  • Expenses Total: 50233
  • Income Annual Gross: 148992.00
  • Income Annual Rental: 153600
  • Income Gross Scheduled: 153600
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Vacancy Factor: 3

Range of Values:

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Sold Price
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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 List to Sale Price per Sq Ft
03/22/2022 03/22/22 Sold $3,277,000 +17.2% $819 / Sq Ft
02/12/2022 02/12/22 Pending -- -- --
02/04/2022 02/04/22 For Sale $2,795,000 -- $699 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    Jerid K. Kiedrowski

    Sereno Group

    Section Image
  • Michele Altman

    Buyer's Agent in 2022

    Michele Altman

    Sotheby’s International Realty

    (831) 214-2545

    1 in this area

    36 Total Sales

    Michele Altman
    Section Image
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Map

Source: MLSListings

MLS Number: ML81877090

MLSListings

APN: 011-441-022

California Monterey County Monterey 93940 Del Monte Beach

201 Dunecrest Ave, Monterey, CA

This home is located at 201 Dunecrest Ave, Monterey, CA 93940 since 04 February 2022. This property was built in 1967. 201 Dunecrest Ave is a home located in Monterey County with nearby schools including Foothill Elementary School, Monte Vista Elementary School, and Monterey High School.

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