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862/872 Laine St in Monterey California is one of the original properties in Monterey and has deep roots within the community. The listed estate encompasses a 4-plex as well as a single-family home, both on the same parcel number (APN). 3 of the 4 units within the 4-plex have been remodeled and all enjoy ocean views, private parking and are updated with new kitchens. The property can be sold independently or with the surrounding compound depending on the specific situation and buyers preference. There is plenty of upside ADU potential for any interested party seeing as this property has been owned by the original family since it was built. Just a few blocks from Cannery Row, a short walk from the Monterey Bay Aquarium and downtown, these units are never on the rental market long. Whether you are enjoying the ocean views from the balcony or exploring Pacific Grove, this is a sought-after neighborhood for all.

Listing Agent: The C Group 70010221 Courtesy of: Real Brokerage Technologies "All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Updated: 30th January, 2023 8:08 PM (UTC)