Attention 1031 exchangers, investors or even second home searchers!!! Here is a rare opportunity to own a unique New Monterey 4 unit apartment complex with a spacious apx1934 SFpenthouse on top featuring expansive views of Monterey Bay and city lights. Also rare is the fact that all 4 units have been remodeled with updated flooring, countertops, stainless steel appliances, new windows, sliding glass doors, and paint inside and out. The penthouse boasts 3 bedrooms and 2.5 baths including a primary suite, open beam ceilings and a wall of windows facing the Monterey Bay. There is a fireplace in the roomy living room, plus a dedicated dining room, ample kitchen, a dedicated laundry room and an apx. 151 SFdeck. Below is…
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The average household income in
Monterey, CA
grew
from
$68,511
to
$73,942
in the past year. This data is an estimate based upon
11,726
households in
Monterey, CA. The chart below presents how household income is distributed in
Monterey, CA
in comparison to the revenue allocation amid households nationally.
Property Taxes
Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows
distribution of property taxes in
Monterey, CA
compared to median property taxes around the country. The prevalent amount of property taxes in
Monterey, CA
equals
$3k+
, which is
more
than the national average.