283 Larkin Street

Monterey, CA 93940

$1,150,000
Last Sold Price
Beds
2,044 Sq. Ft.
$563 / Sq. Ft.
2,044
Sq. Ft.
$563
per Sq. Ft.

Description

This is a great opportunity to own a duplex that is located just a few blocks above downtown Monterey and Fisherman's Wharf, and a short stroll to Cannery Row and Del Monte Beach. You can use it as an investment property and rent them both, live in one and have the flexibility to rent the other or keep it for guests, in-laws, or the kids when they come to visit. This handsome property features a main level three bedrooms and 1 and a half bath home that is approximately 1450 sf. There is a living...This is a great opportunity to own a duplex that is located just a few blocks above downtown Monterey and Fisherman's Wharf, and a short stroll to Cannery Row and Del Monte Beach. You can use it as an investment property and rent them both, live in one and have the flexibility to rent the other or keep it for guests, in-laws, or the kids when they come to visit. This handsome property features a main level three bedrooms and 1 and a half bath home that is approximately 1450 sf. There is a living room with a fireplace, a wet bar, a dining room and a spacious eat in kitchen that leads to a nearly 300 sf deck. There are hardwood floors throughout most of the house and a laundry area. The nearly 600 sf 1 bedroom, 1 bath apartment is located on the lower level and has a living room, an eat in kitchen and its own laundry hookups! All set on a 6000 sf lot and with a detached three car garage.
  1. Listed by Monterey Peninsula Home Team • DRE #70000352 • KW Coastal Estates • 831-313-2289

Property Details for 283 Larkin Street

MLS City Name
MONTEREY
Building Type
DUPLEX
Style
Traditional
Garage Spaces
3
Parking Spaces
4
View
City Lights, Hills
Cross Street
Franklin St

Location

Listing Courtesy of KW Coastal Estates, Monterey Peninsula Home Team, DRE #70000352

Sold By Sotheby's Int'l Realty-PG, T. J. Bristol, DRE #01447566

Add your commute
LISTING UPDATED: 11/19/2021 02:43 PM

Property Details for 283 Larkin Street

StatusSold
MLS #ML81861645
Days on Compass35
Taxes$13,000 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / DUPLEX
Year Built1953
Lot Size0.14 AC / 6,000 SF
CountyMonterey County

Location

Listing Courtesy of KW Coastal Estates, Monterey Peninsula Home Team, DRE #70000352

Sold By Sotheby's Int'l Realty-PG, T. J. Bristol, DRE #01447566

Add your commute

Virtual Tour

Building Information for 283 Larkin Street

Stories2Residences2Year Built1953Building Size-Lot Size0.14 AC / 6,000 SF

Payment Calculator

$7,359 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,276

Property Taxes

$1,083

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 283 Larkin Street

Features
Room Information
  • Kitchen: Cooktop - Gas, Countertop - Tile, Exhaust Fan, Garbage Disposal, Hood Over Range, Oven - Gas, Oven Range - Gas, Refrigerator
Features
  • Amenities: Wet Bar
  • Fireplace: No
  • Flooring: Carpet, Hardwood, Vinyl / Linoleum
  • Laundry: Hookups Only
  • Living SqFt: 2044
  • Pool: No
  • Security Features: None
  • Special Features: None
Utilities
  • Cooling: None
  • Heating: Central Forced Air - Gas, Wall Furnace
  • Meters: Master Electric, Master Gas, Master Water
  • Sewer Septic: Sewer - Public
  • Utilities: Public Utilities
  • Water: Private / Mutual
Carport and Parking
  • Carport Min: 0
Garage
  • Garage and Parking: Detached Garage, Guest / Visitor Parking, Off-Street Parking
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Area Text: Old Town Monterey
  • Roof: Composition, Shingle
  • Stories: 2.0
  • Subclass: Duplex
  • Year Built Source: Assessor
  • Street Number: 283
  • Street Name: Larkin
  • Street Suffix: Street
  • Area ID: 112
Lot / Property Details
Building Information
  • Number Of Stories: 2
  • Number of Buildings: 2
  • Structure SqFt: 2044
  • Structure SqFt Source: Other
  • Age: 68
Development Information
  • Construction Type: Wood , Wood Frame
  • Ownership Type: Individual
  • Zoning Detail: R2
Location Information
  • City Limits: Yes
  • Incorporated: No
  • Parcel Number: 001-382-027-
  • County Name: Monterey
  • City Name: MONTEREY
  • City Postal ID: 38
  • Postal Code: 93940
  • Elementary School District: 438
  • High School District Text: Monterey Peninsula Unified
Lot Information
  • Foundation: Concrete Perimeter and Slab
  • Horse Property: No
  • Lot Acres: .14
  • Lot Description: Grade - Mostly Level, Grade - Sloped Down
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
  • Yard Grounds: Deck , Fenced, Low Maintenance
Multi Family Information
Building Information
  • No Of Leased: 1
General Information
  • Annual Tax Amount: $13,000
  • Building Unit Total: 2
  • Capitalization Rate: 2.17
  • Tenant Expenses: Other
  • Income Includes: Rents
  • Vacancy Factor: 0
Income / Expense Details
  • Expense Insurance: $1,752
  • Expense Landscape: $700
  • Expense Maintenance: $800
  • Expense Management: $3,295
  • Expense Trash: $0
  • Expenses Other: $0
  • Expenses Utility: $0
  • Expenses Total: $19,547
  • Operating Expenses Include: Other
  • Gross Rent Multiplier: 26.30
  • Income Annual Gross: $45,445
  • Income Annual Rental: $45,445
  • Income Gross Scheduled: $45,445
  • Income Other: $0
Unit 1 Information
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Half Bathrooms: 1
  • Unit 1 Number of Bedrooms: 3
  • Unit 1 Rent: $0
Unit 2 Information
  • Unit 2 Approx Square Footage: 594
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Number of Bedrooms: 1
  • Unit 2 Rent: $1,795
Unit 3 Information
  • Unit 3 Rent: $0
Unit 4 Information
  • Unit 4 Rent: $0
Unit Type 1
  • Unit Type1 Approx SqFt: 1450
Listing Info
Rental Info
  • Lease Type: Net

Property History for 283 Larkin Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 283 Larkin Street

Taxable ValueLand$561,000Additions$612,000Total$1,173,000
Tax Record2023$12,797 ($1,066 / month)
Home Facts
Baths2.5Total Finished SqFt3,704 SqFtAbove Grade Finished SqFt3,704 SqFtStories2Lot Size6,000 SqFtStyleDuplexYear Built1953CountyMONTEREYAPN001-382-027-000Fireplace TypeHas Fireplace

Schools near 283 Larkin Street

This home is within Monterey Peninsula Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Monte Vista
PublicK to 5

Monterey 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.

Similar Homes

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Similar Sold Homes

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Listing Courtesy of KW Coastal Estates, Monterey Peninsula Home Team, DRE #70000352

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.