$325,000
$475,000
31.6%For more information regarding the value of a property, please contact us for a free consultation.
7,483 Sqft Lot
SOLD DATE : 04/24/2023
Key Details
Sold Price $325,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID ML81904463
Sold Date 04/24/23
HOA Y/N No
Lot Size 7,483 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 699 - Not Defined
Zoning Multi Family Residential
Interior
Fireplace No
Exterior
Present Use Multi-Family
Building
Lot Description Flag Lot, Level
Water Public
Schools
School District Other
Others
Tax ID 032303046; 032303047
Special Listing Condition Standard
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Bought with Jeff Davi • KW Coastal Estates
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "