Cass St, Monterey, CA 93940

Property Description

The property has two houses located on a large oversized 10,600 sq. ft. lot. Both units are 2 bed/1bath units. Monterey Peninsula Water Management District confirms that there are water credits for 3 hair salon seats, which translates to 24.71 residential fixtures. Contact MPWMD to determine possibilities of adding units. The front unit is leased out at below market rent while the back unit is vacant and has extensive deferred maintenance. Located on Monterey's pill hill where many of the surrounding buildings are occupied by medical uses, the Commercial Office zoning allows this property to be restored as a small multi-family (1-4 units allowed) or converted into office space. Situated close enough to stroll downtown giving easy access to locally owned restaurants, unique shops, an ocean-side recreation trail, the Monterey Bay Aquarium, world-renowned golf courses, and many other activities to enjoy. Live in one unit and rent the other.