0 Torres St

Carmel, CA 93921

$3,650,000
Price
—
Beds
—
Baths
2,822 Sq. Ft.
$1,293 / Sq. Ft.
2,822
Sq. Ft.
$1,293
per Sq. Ft.
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Description

Looking for a PREMIER coastal asset to add to your portfolio? RARE Carmel-by-the-Sea SOLID investment opportunity just moments from the Ocean with a stunning ROOFTOP PATIO offering sweeping coastal views. This perfectly positioned FOURPLEX, built in 2010, combines coastal charm, modern convenience and a strong income history in one of California's most sought-after destinations. All Tenants on lease. Gorgeous, low maintenance landscaping, locked/gated building access with a tiled, split 3 story staircase...Looking for a PREMIER coastal asset to add to your portfolio? RARE Carmel-by-the-Sea SOLID investment opportunity just moments from the Ocean with a stunning ROOFTOP PATIO offering sweeping coastal views. This perfectly positioned FOURPLEX, built in 2010, combines coastal charm, modern convenience and a strong income history in one of California's most sought-after destinations. All Tenants on lease. Gorgeous, low maintenance landscaping, locked/gated building access with a tiled, split 3 story staircase and an elevator which provides convenient access throughout the building. All units located on 1st and 2nd story - 3rd story is Rooftop Patio only. Private garage, extra garage storage units and gated/locked entrance to the building, Separate meters for PG&E and water. Radiant floor heating in each unit. Ideally located within walking distance to the beach, world-class dining, boutique shopping and the vibrant village atmosphere of Carmel-by-the-Sea, this property offers an unbeatable combination of lifestyle and investment appeal. Whether expanding your portfolio or securing a legacy property in a premier coastal market, opportunities like this are exceptionally hard to find. This fully occupied fourplex has a strong rental history making it an excellent investment.
  1. Listed by Charlene King • DRE #00813665 • Brokerage DRE #01849354 • CENTURY 21 Masters • 831-801-5464
  2. Listed by Shannan Matthews • DRE #01700762 • Brokerage DRE #01849354 • CENTURY 21 Masters

Property Details for 0 Torres Street

MLS City Name
CARMEL
Building Type
FOURPLEX
Garage Spaces
2
Parking Spaces
1
View
Ocean
LISTING UPDATED: 07/03/2026 02:28 PM

Property Details for 0 Torres Street

StatusActive
MLS #ML82051782
Days on Compass14
Taxes$50,340 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeRESIDENTIAL INCOME / Fourplex
Year Built2010
Lot Size0.09 AC / 4,000 SF
CountyMonterey County
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Location

Listing Courtesy of CENTURY 21 Masters, Charlene King, DRE #00813665; CENTURY 21 Masters, Shannan Matthews, DRE #01700762
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Building Information for 0 Torres Street

Stories3Residences4Year Built2010Building Size-Lot Size0.09 AC / 4,000 SF

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$22,383 per month

30 year fixed, 6.36% Interest

Principal and Interest

$18,188

Property Taxes

$4,195

HOA Dues

$0

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Property Information for 0 Torres Street

Features
Room Information
  • Kitchen: Appliances - Vary by Unit, Dishwasher, Microwave, Refrigerator
Features
  • Fireplace: No
  • Flooring: Hardwood
  • Laundry: Washer / Dryer
  • Living SqFt: 2822
  • Pool: No
  • Security Features: Controlled / Secured Access, Secured Garage / Parking, Security Building
  • Special Features: Elevator / Lift
Utilities
  • Cooling: Central AC
  • Heating: Central Forced Air, Fireplace, Radiant Floors
  • Meters: Separate Electric, Separate Gas
  • Sewer Septic: Sewer - Public
  • Utilities: Individual Electric Meters, Public Utilities
  • Water: Public
Carport and Parking
  • Carport Min: 0
Garage
  • Garage and Parking: Attached Garage, On Street
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Area Text: Northeast Carmel
  • Roof: Tile
  • Subclass: Fourplex
  • Year Built Source: Assessor
  • Street Number: 0
  • Street Name: Torres
  • Area ID: 142
Lot / Property Details
Building Information
  • Number Of Stories: 3
  • Number of Buildings: 1
  • Structure SqFt: 2822
  • Structure SqFt Source: Other
  • Age: 16
Development Information
  • Zoning Detail: R-4
Location Information
  • Directions: Torres 3 NW of 5th
  • Parcel Number: 010-432-001-000
  • County Name: Monterey
  • City Name: CARMEL
  • City Postal ID: 9
  • Postal Code: 93921
  • Elementary School District: 432
  • High School District Text: Carmel Unified
Lot Information
  • Foundation: Concrete Slab
  • Horse Property: No
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
  • Yard Grounds: Balcony / Patio
Multi Family Information
Building Information
  • No Of Leased: 4
General Information
  • Annual Tax Amount: $50,340
  • Building Unit Total: 4
  • Capitalization Rate: 1.11
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Water, Other
  • Income Includes: Lease
  • Vacancy Factor: 0
Income / Expense Details
  • Expense Insurance: $29,564
  • Expense Landscape: $4,189
  • Expense Maintenance: $5,149
  • Expense Management: $13,921
  • Expense Trash: $4,248
  • Expenses Other: $0
  • Expenses Utility: $1,009
  • Expenses Total: $108,420
  • Operating Expenses Include: Fee - Property Management, Insurance, Maintenance, Maintenance - Elevator, Maintenance - Exterminator, Maintenance - Repair, Services - Gardener, Services - Security, Services - Trash Removal
  • Gross Rent Multiplier: 24.53
  • Income Annual Gross: $148,800
  • Income Annual Rental: $148,800
  • Income Gross Scheduled: $148,800
  • Income Other: $0
Unit 1 Information
  • Unit 1 Full Bathrooms: 2
  • Unit 1 Number of Bedrooms: 2
  • Unit 1 Rent: $3,500
Unit 2 Information
  • Unit 2 Approx Square Footage: 896
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Number of Bedrooms: 1
  • Unit 2 Rent: $1,900
Unit 3 Information
  • Unit 3 Approx Square Footage: 635
  • Unit 3 Full Bathrooms: 2
  • Unit 3 Number of Bedrooms: 2
  • Unit 3 Rent: $3,500
Unit 4 Information
  • Unit 4 Approx Square Footage: 729
  • Unit 4 Full Bathrooms: 2
  • Unit 4 Number of Bedrooms: 2
  • Unit 4 Rent: $3,500
Unit Type 1
  • Unit Type1 Approx SqFt: 562

Property History for 0 Torres Street

DateEvent & SourcePriceAppreciation
Jun 22, 2026

Listed (Active)

EBRD #ML82051782

$3,650,000—
Jun 21, 2026

Listed (Active)

MLSListings #ML82051782

$3,650,000—
DateEvent & SourcePrice
06/22/2026

Listed (Active)

EBRD #ML82051782

$3,650,000
06/21/2026

Listed (Active)

MLSListings #ML82051782

$3,650,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 0 Torres Street

This home is within Carmel Unified School District.
Rating
School
Type
Grades
Distance
Carmel River Elementary School
Public - K to 5
Carmel Middle School
Public - 6 to 8
Carmel Valley High School
Public - 9 to 12
Carmel High School
Public - 9 to 12
Rating
School
Distance
Carmel River Elementary School
PublicK to 5

Carmel Middle School
Public6 to 8

Carmel Valley High School
Public9 to 12

Carmel High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 0 Torres Street, Carmel, CA 93921

0 Torres Street is a multi-family home for sale in Carmel, CA 93921. This property was listed for sale on June 21, 2026 by CENTURY 21 Masters, it's currently listed at $3,650,000. This listing's school district is Carmel Unified School District. Nearby schools include Carmel River Elementary School, Carmel Middle School and Carmel Valley High School. 0 Torres Street is a 0-bed, 0-bath, 2,822 sqft multi-family home built in 2010.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of CENTURY 21 Masters, Charlene King, DRE #00813665; CENTURY 21 Masters, Shannan Matthews, DRE #01700762

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.