Courtesy of Compass, Chantel Henson 831-809-4100
Proposed 2 UNITS!! Discover the incredible potential! An investor, contractor's dream opportunity. This property is primed for transformation, offering a strategic pathway to a lucrative investment. The charming house comes with city-approved construction plans that allow for a flexible redevelopment into a profitable 2 units. The plans include converting the existing structure into an Accessory Dwelling Unit (ADU) and constructing a new primary residence unit at the rear, with the City having already approved a variance for this addition and a reduction in required parking spaces to two. The proposed ADU will encompass 620 square feet, 2bd/1ba. The main unit will offer a 997 square feet, 3bd/2ba. This redevelopment presents a significant upside for both quick flips and long-term rental investments. Opportunities like this are rare, especially with expansion plans already in place and approved. Dont miss your chance to capitalize on this promising investment. **DO NOT GO ONTO PROERTY**
Proposed 2 UNITS!! Discover the incredible potential! An investor, contractor's dream opportunity. This property is primed for transformation, offering a strategic pathway to a lucrative investment. The charming house comes with city-approved construction plans that allow for a flexible redevelopment into a profitable 2 units. The plans include converting the existing structure into an Accessory Dwelling Unit (ADU) and constructing a new primary residence unit at the rear, with the City having already approved a variance for this addition and a reduction in required parking spaces to two. The proposed ADU will encompass 620 square feet, 2bd/1ba. The main unit will offer a 997 square feet, 3bd/2ba. This redevelopment presents a significant upside for both quick flips and long-term rental investments. Opportunities like this are rare, especially with expansion plans already in place and approved. Dont miss your chance to capitalize on this promising investment. **DO NOT GO ONTO PROERTY**
Residential
Single Family Residence
1968
1
--
0.1
Active
66
301 Sq. Ft.
4,400 Sq. Ft.
Chantel Henson
Compass
Monterey
ML82002345
Listings last updated on 06/17/2025 01:05 PM.
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