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10200 Tembladera Street

Castroville, CA 95012
  • $4,998,000
  • STATUS: Active Under Contract
  • ON SITE: 157 Days
  • ID#: ML81951308
Under Contract
UPDATED: 140 min ago
$4,998,000
  • 0
    BEDS
  • 1.56
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1987
County:

School Ratings & Info

Listing Agent(s): Robert R. Fernandez of Atlas Premier Properties ((831) 999-8877)


Description

PRICE REDUCTION! SELLER MOTIVATED! Tremendous opportunity on this 20-unit complex, while being able to add more as per owner! Also there is development potential, as this property consists of 4 APN's for a total of 1.56 acres. located walking distance to downtown Castroville, Mass Transit, local Restaurants, Schools, Medical as well as Shopping. Owner is currently renting out 20 units between two buildings, consisting of a 12,500 sf and 9,000 sf building, not to mention outdoor storage. According to the 2015-2023 County of Monterey Housing Element Update, APN 030-141-025 is listed as an underutilized site, with potential for 46 units on all 4 parcels (030-141-025,027,034,035). In the Castroville Community Plan VOLUME I, the property is listed Mixed-use (MU-C). The Mixed-use designation allows for residential development on the same site or in the same building as commercial uses. Residential uses are generally high-density multi-family which includes flats, condos, and townhomes. Lot next door available. ML81925123, as well as adjacent trailer park.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-06-18T11:27:26.653. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Kohler Real Estate Group | Zutila. Licensed in the State of California, USA.
www.buysocal.homes/homes/146619753
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10200 Tembladera Street Castroville, CA 95012

  • Price: $4,998,000
  • Status: Active Under Contract
  • On Site: 157 Days
  • Updated: 140 min ago
  • ID#: ML81951308
0
Beds
0
Baths
0
½ Baths
1.56
Acres
1987
Built
Neighborhood:
699 - Not Defined
County:
Monterey
Area:
699 - Not Defined
Property Description
PRICE REDUCTION! SELLER MOTIVATED! Tremendous opportunity on this 20-unit complex, while being able to add more as per owner! Also there is development potential, as this property consists of 4 APN's for a total of 1.56 acres. located walking distance to downtown Castroville, Mass Transit, local Restaurants, Schools, Medical as well as Shopping. Owner is currently renting out 20 units between two buildings, consisting of a 12,500 sf and 9,000 sf building, not to mention outdoor storage. According to the 2015-2023 County of Monterey Housing Element Update, APN 030-141-025 is listed as an underutilized site, with potential for 46 units on all 4 parcels (030-141-025,027,034,035). In the Castroville Community Plan VOLUME I, the property is listed Mixed-use (MU-C). The Mixed-use designation allows for residential development on the same site or in the same building as commercial uses. Residential uses are generally high-density multi-family which includes flats, condos, and townhomes. Lot next door available. ML81925123, as well as adjacent trailer park.
Exterior Features

Parking Total 45 Roof Flat

Interior Features

Cooling None Cooling YN Yes Heating Space Heater Heating YN Yes

Property Features

Association Fee 0 Gross Scheduled Income 0 Listing Agreement Exclusive Right To Sell Listing Service Full Service Maintenance Expense 0 Other Expense 0 Tax Annual Amount 0 Trash Expense 0 Water Source Public Zoning MU-C



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-06-18T11:27:26.653. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Kohler Real Estate Group | Zutila. Licensed in the State of California, USA.
 
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Kohler Real Estate Group | Zutila
4000 Barranca Pkwy #105
Irvine CA, 92604
Listing Agent(s): Robert R. Fernandez of Atlas Premier Properties ((831) 999-8877)