Welcome to 429 Larkin St. Monterey, CA. This is a rare opportunity to acquire a 6-unit multifamily property in 1 of Monterey's most desirable neighborhoods Spaghetti Hill, w/ a mix of two-bedroom & one-bedroom units across two buildings in a tight rental market. There are 2 multi-unit buildings each with 2 stories of living area, stucco exteriors, aluminum windows, and composition roofs. The north building features 2 floors of apartments, with 2 units on each floor. These units range in size from 798-876 sf and have 1-2 bedrooms each. All units have 1 bathroom. Interior features tile/stone countertops, wood cabinets, sun rooms, fireplaces, flooring is tile, vinyl, and carpet. The south building has a 1,406 sf unit on the upper floor and a 710 sf unit on the lower floor. Both units feature two bedrooms and one full bathroom; the upper unit also features a half bathroom. Interior features include wood cabinets, laminate and tile floors, and formica countertops. The upstairs unit has a porch area and sun room, while the lower unit has a large yard area. Underneath the northern building units are three single-car garages of 250 sf each and a basement. This is a trust sale with the proceeds going to charity - make an offer. Tour to see the inside of the units on Fri Mar 28 1-3pm.
MLS #
ML81998873
MLS Source
MLSListings, Inc.
Cooling
None
Heating
Wall Furnace
Roof
Composition
Foundation
Crawl Space
Garage/Parking
Common Parking Area, Garage: 3 Car(s)
Elementary District
Monterey Peninsula Unified
High School District
Monterey Peninsula Unified
Sewer
Public Sewer
Water
Public
Zoning
R3 Residential Medium Den
# Buildings | # Leased Units | # Total Units |
---|---|---|
2 | 5 | 6 |
Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
---|---|---|---|---|---|---|
1 | 1,406 | 2 | 1/1 | – | $3,500 | 1 |
2 | 750 | 2 | 1/0 | $900 | $1,425 | 2 |
3 | 850 | 1 | 1/0 | $1,250 | $1,551 | 3 |
429 Larkin St is a Residential Income in Monterey, CA 93940. This 6,351 square foot property sits on a 9,200 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $2,100,000 and was built in 1956.
This address can also be written as 429 Larkin St, Monterey, CA 93940.©2025 MLSListings Inc. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from MLSListings Inc.
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This listing information is up-to-date as of April 15, 2025. For the most current information, please contact James Kendall, (831) 275-0129