0 San Carlos 3 Ne Of 6th Street

Carmel, CA 93923

$7,595,000
Price
Beds
8,064 Sq. Ft.
$942 / Sq. Ft.
8,064
Sq. Ft.
$942
per Sq. Ft.

Description

Located in the heart of world-famous Carmel-by-the-Sea, this rare mixed-use investment opportunity includes 10 retail spaces and 3 apartments in a highly desirable area of downtown. With established local businesses in place, such as Stationaery and Malbon Golf, the property offers immediate income and future potential. Just one block from Ocean Avenue and walking distance to Carmel Beach, San Carlos Square enjoys consistent foot traffic year-round. With Big Sur to the South and all the wonderful...Located in the heart of world-famous Carmel-by-the-Sea, this rare mixed-use investment opportunity includes 10 retail spaces and 3 apartments in a highly desirable area of downtown. With established local businesses in place, such as Stationaery and Malbon Golf, the property offers immediate income and future potential. Just one block from Ocean Avenue and walking distance to Carmel Beach, San Carlos Square enjoys consistent foot traffic year-round. With Big Sur to the South and all the wonderful amenities The Monterey Peninsula has to offer, this is an outstanding investment opportunity in one of the most beautiful areas on earth.
  1. Listed by Tim Allen • DRE #00891159 • Brokerage DRE #01908304 • Coldwell Banker Realty • 831-214-1990

Property Details for 0 San Carlos 3 Ne Of 6th Street

MLS City Name
CARMEL
Building Type
OTHER
Garage Spaces
0
Parking Spaces
0
Cross Street
6th

Location

Listing Courtesy of Coldwell Banker Realty, Tim Allen, DRE #00891159
LISTING UPDATED: 04/12/2024 09:52 AM

Property Details for 0 San Carlos 3 Ne Of 6th Street

StatusActive
MLS #ML81953076
Days on Compass86
Taxes$13,690 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeOther
MLS TypeRESIDENTIAL INCOME / OTHER
Year Built1980
Lot Size0.18 AC / 7,878 SF
CountyMonterey

Location

Listing Courtesy of Coldwell Banker Realty, Tim Allen, DRE #00891159

Building Information for 0 San Carlos 3 Ne Of 6th Street

Stories2Residences-Year Built1980Lot Size0.18 AC / 7,878 SF

Payment Calculator

$42,590 per month

30 year fixed, 7.25% Interest

Principal and Interest

$41,449

Property Taxes

$1,141

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 0 San Carlos 3 Ne Of 6th Street

Features
External Links
Features
  • Fireplace: No
  • Living SqFt: 8064
  • Pool: No
  • Security Features: Security Alarm
  • Special Features: None
Utilities
  • Cooling: None
  • Heating: Forced Air
  • Meters: Separate Other
  • Sewer Septic: Sewer Connected
  • Utilities: Public Utilities
  • Water: Public
Carport and Parking
  • Carport Min: 0
Garage
  • Garage and Parking: No Parking, On Street
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Area Text: Northwest Carmel
  • Roof: Wood Shakes / Shingles
  • Subclass: Multiple Dwellings / Structures
  • Year Built Source: Other
  • Street Number: 0
  • Street Name: San Carlos 3 NE of 6th
  • Street Suffix: Street
  • Area ID: 141
Lot / Property Details
Building Information
  • Number Of Stories: 2
  • Number of Buildings: 2
  • Structure SqFt: 8064
  • Structure SqFt Source: Other
  • Age: 44
Development Information
  • Zoning Detail: cc
Location Information
  • Parcel Number: 010-132-010-000-b
  • County Name: Monterey
  • City Name: CARMEL
  • City Postal ID: 9
  • Postal Code: 93923
  • Elementary School District: 432
  • High School District Text: Carmel Unified
Lot Information
  • Foundation: Concrete Slab
  • Horse Property: No
  • Lot Acres: .18
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
Mobile / Manufactured Information
Other Information
  • Dual Variable: No
Multi Family Information
Building Information
  • No Of Leased: 11
General Information
  • Annual Tax Amount: $13,690
  • Capitalization Rate: 2.26
  • Tenant Expenses: None
  • Income Includes: Rents
  • Vacancy Factor: 0
Income / Expense Details
  • Expense Insurance: $5,671
  • Expense Landscape: $4,200
  • Expense Maintenance: $6,630
  • Expense Management: $12,946
  • Expense Trash: $3,356
  • Expenses Other: $30,782
  • Expenses Utility: $14,116
  • Expenses Total: $91,391
  • Operating Expenses Include: Fee - Property Management, Insurance, Maintenance, Services - Gardener, Services - Trash Removal, Utilities
  • Gross Rent Multiplier: 28.87
  • Income Annual Gross: $263,071
  • Income Annual Rental: $263,071
  • Income Gross Scheduled: $263,071
  • Income Other: $0
Unit 1 Information
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Half Bathrooms: 0
  • Unit 1 Number of Bedrooms: 1
  • Unit 1 Rent: $3,500
Unit 2 Information
  • Unit 2 Approx Square Footage: 411
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Number of Bedrooms: 1
  • Unit 2 Rent: $2,000
Unit 3 Information
  • Unit 3 Approx Square Footage: 1328
  • Unit 3 Full Bathrooms: 1
  • Unit 3 Half Bathrooms: 1
  • Unit 3 Number of Bedrooms: 1
  • Unit 3 Rent: $2,775
Unit Type 1
  • Unit Type1 Approx SqFt: 946

Property History for 0 San Carlos 3 Ne Of 6th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

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0 San Carlos 3 Ne Of 6th Street is for sale in Carmel, CA 93923. This property was listed for sale on February 1, 2024 by Coldwell Banker Realty, it's currently listed at $7,595,000. 0 San Carlos 3 Ne Of 6th Street is a 0-bed, 0-bath, 8,064 sqft built in 1980.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Realty, Tim Allen, DRE #00891159

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.