NOT LISTED FOR SALE
4 Beds
4 Baths
2,606 Sq Ft
6,395 Sq Ft Lot

Last Sold March 22, 2018

Last sale price $940,000 $361 Per Sq Ft

58 Days on Market

Highlights

  • City Lights View
  • Wood Flooring
  • Fireplace
  • Monterey High School Rated A
  • Mediterranean Architecture
  • Bathtub with Shower

About This Home

As of March 2018

Located in Old Monterey on the corner of Larkin and West Franklin Street roughly four blocks from Alvarado Street. This property consists of four 1-bed, 1-bath units split between two separate charming buildings. 392 & 394 Larkin contain larger twin units about 803 square feet each and 602 & 604 West Franklin Street contain a smaller set of mirrored 500 square foot units. See floor plan for square footage and layout. There are four separate water, gas and electric meters. This location has potential to draw tenants from MIIS and DLI. All stated rents, expenses and cap rate are estimated based upon future projections. See ML81685779 for Residential Income 1-4 units for the pro forma information.

Last Agent to Sell the Property

Shawn Quinn

Sotheby’s International Realty License #00877245 Listed on: 11/28/2017

Sotheby’s International Realty

Last Buyer's Agent

Annie Giammanco

KW Coastal Estates License #00998517

KW Coastal Estates

Property Details

Property Type

  • Other

Year Built

  • Built in 1926

Lot Details

  • 6,395 Sq Ft Lot
  • Zoning described as Multi Family

Parking

  • 2 Car Garage

Property Views

  • City Lights
  • Neighborhood

Home Design

  • Mediterranean Architecture
  • Fixer Upper
  • Flat Roof Shape
  • Wood Frame Construction
  • Rolled or Hot Mop Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,606 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Combination Dining and Living Room
  • Gas Dryer Hookup

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms
  • Bathtub with Shower

Utilities

  • Wall Furnace
  • Heating System Uses Gas
  • Separate Meters
  • 220 Volts
  • Individual Gas Meter

Community Details

Listing and Financial Details

  • Assessor Parcel Number 001-381-005-000

Property Details

Property Type

Other

Year Built

Built in 1926

Lot Details

0

Parking

2

Listing Details

  • Style: Mediterranean
  • Property Condition: Fixer Upper
  • Age: 91
  • Listing Class: Residential
  • Structure Sq Ft: 2606
  • Incorporated: Yes
  • Year Built: 1926
  • Zoning Description: Multi Family
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Dining Room: Dining Area in Living Room
  • Kitchen: 220 Volt Outlet
  • Living Sq Ft: 2606
  • Stories: 1
  • Bedrooms: Ground Floor Bedroom
  • Laundry: Gas Hookup
  • Flooring: Carpet, Hardwood
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Bathroom: Shower over Tub - 1
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition, Flat / Low Pitch, Rolled Composition
  • View: City Lights, Neighborhood
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 4
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Parking Area

Utilities

  • Heating System: Gas, Wall Furnace
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Monterey Peninsula Unified

Lot Info

  • Parcel Number: 001-381-005-000
  • Lot Acres: 0.1468
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6394.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6394.00
  • Soil: Unknown

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Natural Gas, Public Utilities

MLS Schools

  • High School District Text: Monterey Peninsula Unified

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
03/22/2018 03/22/18 Sold $940,000 -18.3% $361 / Sq Ft
01/26/2018 01/26/18 Pending -- -- --
01/16/2018 01/16/18 Price Changed $1,150,000 -8.0% $441 / Sq Ft
11/28/2017 11/28/17 For Sale $1,250,000 -- $480 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81685729

MLSListings

APN: 001-381-005