$1,250,000
Accepting Backup Offers

721 Oak Street

Monterey, CA 93940
1758 sqft | 3 beds | 2 baths | 0.11 acres | #ML81987608
Listing OfficeBay Homes and Estates
Browse 11 photos
Type:Purchase
Structure:House
Zone:Residential

Description

Wonderful opportunity to customize your New Monterey Home! This home has an approved architectural plan and is currently pending final permit status with the City of Monterey. Bring your contractor and your funds and make this home your own! After repair value makes this a $1.8M home, it is ready for a new kitchen, appliances, bathrooms, paint and flooring. Estimated repairs are at $125k. Whether you are a flipper or someone who wants to put in their own sweat equity, this is your chance to own a home in Monterey at a discounted price and make it yours! Spacious lot. Slice of the ocean view from upstairs bedroom and balcony. Convenient location to Cannery Row, Shopping, Restaurants, the Presidio, the Wharf, and all that the beautiful Monterey Bay Peninsula has to offer.

  • Property Details
      • Property SubtypeSingleFamilyResidence
      • Date ClosedJanuary 03, 2025
      • FoundationPillarPostPier
      • Sewer InformationPublicSewer
      • Original List Price$1,250,000
      • MLS #ML81987608
      • MLS #ML81987608
      • Property TypePurchase
      • CountyMonterey
      • Cost1250000
      • Acres0.1148
      • Utility SourcePublic
      • ViewOcean
      • School DistrictOther
      • Square Feet1758
      • Year Built1956
      • Bedrooms3
      • Bathrooms2
      • Full Baths2
      • Stories2
      • Parking Spaces1

Location

Rami ElminoufiReal Estate Group
$
years

Down Payment

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%
20.0%

Interest Rate

%
5.0%

Tax Rate

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1.3%
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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