Rarely available 17-unit complex in Monterey. This Oak Grove neighborhood complex is 5 blocks from the ocean, 2 block from Navy Post Grad School, & is close to CHOMP, MIIS, downtown Monterey, Ryan Ranch, and freeways. The unit mix consists of 4 one-bed units, a 3 bed/ 2 bath unit, & 12 2 bed / 1 bath units. The units are separately metered for water & PG&E. Each unit has its own hot water heater. Newly painted in 2020. Three separate parcels – no onsite management required. Street to street parcels. Addresses: 1128 & 1142 4th Street & 1135 5th Street. Two onsite laundry rooms with landlord-owned equipment. Income is based on August 2021 Rents.