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Key Details
Sold Price $325,000
Property Type Vacant Land
Sub Type Planned Unit Development
Listing Status Sold
Purchase Type For Sale
MLS Listing ID ML81904463
Lot Size 7,485 Sqft
Property Description
Property consists of 2 lots, APN#'s: 032-303-046 and 032-303-047. This is a flag lot behind 224 Palm Ave., Marina, CA. Architectural Plans with structural engineering calculations for a 4-Plex have been completed . Soils report, topographical map, grading and drainage plans are done. City has approved building project subject to a lot line adjustment and lot merger. Specific Plan prepared by Coats Consulting to be submitted to City of Marina for final plan approval and building permit. Property to be sold with 224 Palm Ave., APN#: 032-303-045, listed for $749,950. An ADU can be built above the garage at 224 Palm Ave. Permit will be issued over the counter. The price for the 2 lots with approved plans is $475,000. The units are 2 bedroom, 1 1/2 approximately 800 square feet. Will rent for approximately $2,500/month. Total price for house and approved 4 -Plex plans is $1,224,950.
Location
State CA
County Monterey
Area Lower Carmel
Zoning Multi Family Residential
Exterior
Fence Fenced
Utilities Available Public Utilities
Building
Lot Description Flag Lot, Grade - Level
Sewer Sewer Available
Water Public
Others
Special Listing Condition Not Applicable
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Bought with Jeff Davi • KW Coastal Estates
Matt Cossell
Top 1% Realtor | License ID: 01382971
Top 1% Realtor License ID: 01382971