Description
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.
Location
Listing Agent: Robert R. Fernandez Courtesy of: Atlas Premier Properties The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the MLSListings™ MLS system. Real estate listings held by brokerage firms other than sellingly are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents. The broker providing this data believes the data to be correct, but advises interested parties to confirm all information before relying on it for a purchase decision. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. © 2022 MLSListings Inc. All rights reserved. http://www.mlslistings.com/ Updated: 5th February, 2023 7:43 PM (UTC)
