311 Palo Verde Avenue, Monterey, CA 93940

$799,000 Asking Price

3 beds
2 baths
927  sqft
Built in 1940

This exceptional property presents a fantastic opportunity for both investors and owner-occupants. The main residence features 2 bedrooms, 1 full bathroom, and a cozy living room with a fireplace, all complemented by a spacious backyard. Additionally, the property includes a detached 1-bedroom unit situated above a detached garage, complete with its own entrance from the rear street. Both units are equipped with separate gas and Electric meters, making it ideal for living in one unit while renting out the other. Located just minutes from Downtown, and within close proximity to shops, restaurants, and the beach, this property offers unparalleled convenience. Priced to sell, this versatile gem is sure to capture the attention of potential buyers. This one is just waiting and ready for you to make it your own. Dont miss out on this rare find!

Features & Amenities

Interior

General:
Utility Room
Appliances:
Refrigerator,Vented Exhaust Fan
Laundry:
In Garage
Flooring:
Carpet,Laminate
A/C:
true, None
Heating:
true, Wall Furnace
Fireplace:
Wood Burning, Fireplace

Exterior

Parking:
Off Street, Parking spaces: 2

Construction

Roofing:
Composition
General:
0

Location

Originating MLS:
CRMLS
School District:
Other
County:
Monterey

Lot

Zoning:
R-1, 013091013000
Fencing:
Wood

Utilities

Water:
Public
Sewer:
Public Sewer

Financial

Source:
CRMLS

This listing courtesy of:
eXp Realty of California Inc, The Russell Group

About Monterey, CA

Housing

Number of Units
15,767
Median Home Value
$824,536
Median Rent
$1,790

59.42% of housing units are renter occupied.

9.79% are vacant.

Commute

Car
55.78%
Public Transportation
1.30%
Walk to Work
4.44%
Work from Home
36.58%
Other
0.44%

The median travel time to work is 13 minutes.

People

Population
32,988
Median Age
41.50
Median Household Size
2.29

Education

High School
10.52%
Associate’s Degree
9.66%
Bachelor’s Degree
29.10%
Graduate Degree
24.47%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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