Properties

Comm Ri Multi-units 5+ For Sale

3,528 Sqft - 382-388 Larkin Street, MONTEREY, California 93940

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Property Description

Highly Desirable Old Town Monterey location. This property consists of two separate parcels. APN: 001-381-050 (382 & 382A Larkin St.) & APN: 001-381-049 (384, 386, 388 Larkin St). The front parcel includes a main home with 3 bedrooms, 2 baths, fireplace, inside laundry and a detached Studio Apartment in the rear with a one car garage. The main home was built in 1925 and you will enjoy the details of the 1920s in the main home including its large living room with coved plastered ceilings and woodburning fireplace. The back parcel consists of (3) identical 1 bedroom 1 bath apartments with shared laundry facilities, 2 car attached garage and additional off-street parking. An added bonus to this parcel is some vacant land with potential for future expansion if so desired. There was a home on the vacant portion of the parcel which was taken down in 1974. The original Tri-Plex was built in 1954. Enjoy the views of the Bay and the City Lights from the upstairs units in the trip-plex.

Basic Details
Property Type : Comm Ri Multi-units 5+
Listing Type : For Sale
Listing ID : ML81823114
Price : $1,725,000
Bedrooms : 0
Bathrooms : 0
Half Bathrooms : 0
Square Footage : 3,528 Sqft
Year Built : 1925
Lot Area : 0.32 Sqft
Features
Heating System : Forced Air 1 Zone, Wall Furnace
View : Bay, City Lights
Roof : Composition Shingles
Address Map
Country : US
State : CA
County : Monterey
City : MONTEREY
Zipcode : 93940
Street : Larkin Street
Street Number : 382-388
Floor Number : 0
Longitude : W122° 6' 4.6''
Latitude : N36° 36' 4.6''
MLS Addon
Office Name : Shankle Real Estate
Building Type : Other
Area : All Other Counties/States
Address : 382-388 Larkin Street
Cross Street : Franklin Street
LA1User Code : MLL5084811
LA1Agent Last Name : The Russell Group
Status Category : Sold
Tot # Parking Spaces : 3
Tot # of Units : 5
Zoning : R-3-
List $/SqFt : $0
Age : 95
Apx Lot Sq Ft : 13,833 Sqft
Type of Building : Apt Complex
Annual Taxes : $18,975
Total Deposits : $0
ALL UNITS HAVE : Refrigerator
OPERATING EXPENSES : Electric, Gas, Insurance, Maintenance/repair, Trash Removal, Utilities, Vacancy Factor, Water
TENANT PAYS : Electric, Gas, Water
WATER/SEWER : Water - Public, Sewer System - Public
Bus Sq Ft of Bldg : 0 Sqft
Other Loans (Y/N) : No
1st Loan Balance : $0
2nd Loan Balance : $0
Tot Other Loans : $0
Financial Data Verif(Y/N) : 3.92
Ann Act Gross Inc : $0
Gross Oper Actual Inc : $0
Listing Type : Excl Right
Listing Service : Full Service
Special Information : None
Original Price : $1,725,000
Sold Price : $1,675,000
Previous Price : $0
Sale $/SqFt : $0
Gross Oper Actual Inc : 0
Annual Gross Sched Inc : 106795
Net Oper Income : 67663
Annual Mgmt Exp : 0
Annual License Exp : 0
Annual Util Exp : 4213
Other Ann Exp : 0
Tot Ann Oper Exp : 0
First Loan Payment : 0
First Balance : 0
Annual Insurance Exp : 0
INTERNET DISPLAY : 0
INTERNET SITES : 0
SA1Agent Type : 0
Gross Rent Multiplier : 16.15
Buyer Agent DRE Num. : 00515075
List Agent DRE Num. : 70010200
Filtered Address : 382-388 Larkin ST
LA1Agent License ID : 70010200
LA1Old Agent ID : 391648
LA2Agent First Name : Thomas
LA2Agent Last Name : Verga
LA2User Code : MLL5070910
LA2Old Agent ID : 324549
LA2NRDS_ID : 180010548
SA1Agent First Name : Mario
SA1Agent Last Name : Torrente
SA1Agent License ID : 00515075
SA1User Code : MLL160979
SA1Old Agent ID : 1379
SA1NRDS_ID : 180000398
Annual Vacancy : 0
Gross Income : 0
Sale/Original $ : 0
Annual Exp Yr : 0
Sale $/SqFt : 0
1st - Yrs Remaining : 0
Sale/Last List $ : 0
Interest Rate : 0
Board ID : MLSListings Datashare
Assessors Parcel No : 001-381-050 & 00
Showing : See Confidential Remarks
LO2Office Name : Shankle Real Estate
SO1Office Abbreviation : MLL37981
SO1Office Name : Shankle Real Estate
LO1Main Office ID : 70650
LO1Board ID : 0
LO2Office Identifier : 70650
LO2Main Office ID : 70650
SO1Office Identifier : 70650
SO1Board ID : 0
SO2Office Identifier : 0
SO2Office Type : 0
VOW Include : Yes
VOW Address : Yes
VOW Comment : Yes
VOW AVM : Yes
Status Detail : 0
Search Price : 1675000
Address Search Number : 382
Listing Agent : 692662
Listing Office : 70650
Co-List Agent : 287246
Listing Office 2 : 70650
Apprx Equity : 0
Buyer Agent 1 : 250378
Buying Office 1 : 70650
Co-Sell Agent : 0
Buying Office 2 : 0
Photo Count : 8
Input Date : 13/12/2020 02:52:06
Update Date : 02/04/2021 17:07:24
PhotoTimestamp : 02/04/2021 03:46:29
First Photo Add Timestamp :
List Date : 13/12/2020
Expire Date :
Pending Date : 27/12/2020
Closing Date : 10/02/2021
Status Date : 10/02/2021
Price Date :
Off Market Date : 27/12/2020
Status : Sold
Dual Variable : Yes
HOA : No
City Transfer Tax : No
Off Market Status Date :
LVT Date :
DOMLS : 15
Cumulative DOMLS : 15
Unit # 1 # of Bedrooms: 1
Unit # 1 Rent: 1350
Unit # 2 Rent: 1075
Unit # 3 # of Bedrooms: 3
Unit # 3 Rent: 2950
Comm Ri Multi-units 5+ For Sale
  • Listing ID : ML81823114
  • Bedrooms : 0
  • Bathrooms : 0
  • Square Footage : 3,528 Sqft
$1,725,000
Agent info
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