Monterey, CA 93940,910 Wainwright Street
Listed by Bill Backus • Backus Properties
Bought with Peter Baird • Baird Partnership, Inc.

$3,000,000

$3,350,000

10.4%
Est.Price: ?

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Est. payment /mo

6,212 SqFt


SOLD DATE : 08/05/2025

Key Details

Sold Price $3,000,000

Property Type Commercial

Sub Type Other

Listing Status Sold

Purchase Type For Sale

Square Footage 6,212 sqft

Price per Sqft $482

MLS Listing ID ML82010810

Sold Date 08/05/25

HOA Y/N No

Year Built 1974

Lot Size 9,600 Sqft

Property Sub-Type Other

Source Datashare MLSListings

Property Description

Rare Investment Opportunity in Beautiful Monterey! Nestled in a peaceful and highly desirable Monterey location, this well-maintained 9-unit multifamily property presents a truly rare investment opportunity. Just a short walk to the Defense Language Institute (DLI), the Presidio of Monterey, and Larkin Elementary, the property offers both convenience and consistent rental demand in one of the most sought-after coastal communities in California. Property Features: Eight (1BD/1BA) units and One (3BD/2BA) unit. Five single-car garages and four covered carports. Ocean views from select units. Four units feature cozy fireplaces. The spacious three-bedroom unit includes a large private deck and unique architectural details. On-site coin-operated laundry facility, additional tenant and owner storage. Low-maintenance landscaping for ease of ownership. The property is located in a tranquil residential area, yet it's close to Monterey's downtown shops, dining, and coastal attractions. With its prime location, excellent unit mix, and attractive features, this property has strong income potential and consistent tenant demand. Whether you're an experienced investor or looking to add a trophy asset to your portfolio, this is your chance to own a premier multifamily property in Monterey!

Location

State CA

County Monterey

Interior

Heating Forced Air

Cooling None

Flooring Hardwood, Laminate, Tile, Other

Fireplace No

Appliance Dishwasher, Refrigerator

Laundry Coin Operated

Exterior

View City Lights

Read Less Info

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