1020 Seventh Street

Monterey, CA 93940

$1,375,000
Price
Beds
2,332 Sq. Ft.
$590 / Sq. Ft.
2,332
Sq. Ft.
$590
per Sq. Ft.

Description

Outstanding Monterey Location, Located In The Highly Desired "Oak Grove" Neighborhood - Across The Street From El Estero Park, Loaded With Extras! Light Bright and Open Floor Plans! Close to Fisherman's Wharf, Dust Bowl Brewery and More. Newer Roof, Dual Pane Window Accents, Town Home Style - Spacious 2 Bedroom 1.5 Bathroom Units, Large Carport, Individual Utility Closets With Washer and Dryer, Decking With Views. Unit A - Decking With Water Views, Unit B - Beautifully Remodeled. Fabulous Location!...Outstanding Monterey Location, Located In The Highly Desired "Oak Grove" Neighborhood - Across The Street From El Estero Park, Loaded With Extras! Light Bright and Open Floor Plans! Close to Fisherman's Wharf, Dust Bowl Brewery and More. Newer Roof, Dual Pane Window Accents, Town Home Style - Spacious 2 Bedroom 1.5 Bathroom Units, Large Carport, Individual Utility Closets With Washer and Dryer, Decking With Views. Unit A - Decking With Water Views, Unit B - Beautifully Remodeled. Fabulous Location! Close Proximity To Monterey Peninsula Collage (MPC), Naval Post Graduate School (NPS), Defense Language Institute (DLI), Local Bus Lines and More. Units Individually Metered. The Perfect Opportunity To Live In One Unit - Enjoying Living by The The Waters Edge, While Having Rental Income From The Other. DISCLOSURE PACKAGE Being Prepared. Pest Inspection Completed, SHOWN BY APPOINTMENT ONLY. DO NOT DISTURB TENANTS.

Listing Agent

  1. David Mauldwin

    David Mauldwin

    Listing Agent

    Compass

    DRE #00943656

Property Details for 1020 Seventh Street

MLS City Name
MONTEREY
Building Type
DUPLEX
Garage Spaces
4
Parking Spaces
1
View
Garden / Greenbelt, Water
Cross Street
Camino Aguajito
LISTING UPDATED: 12/12/2024 05:34 PM

Property Details for 1020 Seventh Street

StatusActive
MLS #ML81985478
Days on Compass78
Taxes$10,274 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeRESIDENTIAL INCOME / DUPLEX
Year Built1961
Lot Size0.08 AC / 3,300 SF
CountyMonterey County

Building Information for 1020 Seventh Street

Stories2Residences2Year Built1961Building Size-Lot Size0.08 AC / 3,300 SF

Property Information for 1020 Seventh Street

Features
Room Information
  • Additional Rooms: Laundry Room, Storage, Other
  • Kitchen: Appliances - Vary by Unit, Exhaust Fan, Hood Over Range, Oven - Gas, Refrigerator, Varies by Unit
Features
  • Amenities: Other
  • Communications: Cable TV
  • Fireplace: No
  • Flooring: Carpet, Laminate, Tile, Vinyl / Linoleum
  • Laundry: Washer / Dryer
  • Living SqFt: 2332
  • Pool: No
  • Security Features: None
  • Special Features: Other
Utilities
  • Cooling: None
  • Heating: Forced Air, Wall Furnace
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Sewer Septic: Sewer Connected
  • Utilities: Individual Electric Meters, Individual Gas Meters, Natural Gas, Public Utilities
  • Water: Individual Water Meter, Public
Carport and Parking
  • Carport Min: 1
Garage
  • Garage and Parking: Covered Parking, Off-Street Parking, Other
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Area Text: Oak Grove
  • Roof: Composition
  • Subclass: Duplex
  • Year Built Source: Assessor
  • Street Number: 1020
  • Street Name: Seventh
  • Street Suffix: Street
  • Area ID: 119
Lot / Property Details
Building Information
  • Number Of Stories: 2
  • Number of Buildings: 1
  • Structure SqFt: 2332
  • Structure SqFt Source: Assessor
  • Age: 63
Development Information
  • Construction Type: Wood Frame
  • Ownership Type: Individual
  • Zoning Detail: R2
Location Information
  • City Limits: Yes
  • Directions: Located On The Corner of Seventh Street and Camino Aguajito (Across From El Estero Park). Driveway Parking Available. Street Parking On Seventh. SHOWN BY APPOINTMENT ONLY.
  • Incorporated: Yes
  • Parcel Number: 001-847-001-000
  • County Name: Monterey
  • City Name: MONTEREY
  • City Postal ID: 38
  • Postal Code: 93940
  • Elementary School: 539
  • Elementary School District: 438
  • Middle School Text: Walter Colton Middle School
  • High School District Text: Monterey Peninsula Unified
  • High School Text: Monterey High
Lot Information
  • Foundation: Concrete Perimeter
  • Horse Property: No
  • Lot Acres: .08
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
  • Yard Grounds: Balcony / Patio, Fenced, Low Maintenance
Multi Family Information
Building Information
  • No Of Leased: 2
General Information
  • Annual Tax Amount: $10,274
  • Building Unit Total: 2
  • Capitalization Rate: 3.38
  • Tenant Expenses: Services - Trash Removal, Utilities - Electric, Utilities - Heating, Utilities - Water
  • Income Includes: None
  • Vacancy Factor: 0
Income / Expense Details
  • Expense Insurance: $1,309
  • Expense Landscape: $1,200
  • Expense Maintenance: $0
  • Expense Management: $0
  • Expense Trash: $0
  • Expenses Other: $0
  • Expenses Utility: $0
  • Expenses Total: $12,783
  • Operating Expenses Include: Fee - Property Tax, Services - Gardener, Other
  • Gross Rent Multiplier: 23.20
  • Income Annual Gross: $59,280
  • Income Annual Rental: $59,280
  • Income Gross Scheduled: $59,280
  • Income Other: $0
Unit 1 Information
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Half Bathrooms: 1
  • Unit 1 Number of Bedrooms: 2
  • Unit 1 Rent: $2,250
Unit 2 Information
  • Unit 2 Approx Square Footage: 1166
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Half Bathrooms: 1
  • Unit 2 Number of Bedrooms: 2
  • Unit 2 Rent: $2,690
Unit Type 1
  • Unit Type1 Approx SqFt: 1166

Property History for 1020 Seventh 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 1020 Seventh Street

Taxable ValueLand$477,543Additions$477,543Total$955,086
Tax Record2024$10,538 ($878 / month)
Home Facts
Baths3Total Finished SqFt2,332 SqFtAbove Grade Finished SqFt2,332 SqFtStories2Lot Size3,300 SqFtStyleDuplexYear Built1961CountyMONTEREYAPN001-847-001-000Fireplace TypeHas Fireplace

Schools near 1020 Seventh Street

This home is within Monterey Peninsula Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 9 to 12
Charter - K to 8
Public - 9 to 12
Rating
School
Distance
La Mesa Elementary School
PublicK to 8

Monterey High School
Public9 to 12

International School Of Monterey
CharterK to 8

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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1020 Seventh Street is a multi-family home for sale in Monterey, CA 93940. This property was listed for sale on November 1, 2024 by Compass, it's currently listed at $1,375,000. It has been on the market for a total of 78 days and was last sold on September 12, 2014. This listing's school district is Monterey Peninsula Unified School District. Nearby schools include La Mesa Elementary School, Monterey High School and International School Of Monterey. 1020 Seventh Street is a 0-bed, 0-bath, 2,332 sqft multi-family home built in 1961.

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. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass, David Mauldwin, DRE #00943656

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.