415 Figueroa StMonterey, CA 93940

  • Other commercial real estate
  • 1,414 SF
For Sale
$1,325,000 View listing

Property Details for 415 Figueroa St

Year built
1930
Construction
WOOD
Lot size
0.07 AC
Property size (Sq ft)
1,414 SF
Property type
Other commercial real estate
APN
001-715-001-000
APU
1715001000

Description

This charming 2,500 square foot office building, constructed in 1930 and renovated in 1993, is situated on a 3,203 square foot lot at 415 Figueroa St, Monterey, CA 93940. Currently configured as a home office with four private offices, a reception area, a full kitchen featuring granite countertops, and a full bathroom with shower, it offers significant versatility. The layout could easily be converted back to a single-family residence. A finished basement provides additional space, including a single-car garage and ample storage. The property includes five parking spaces and is zoned PC - Planned Community. Its prime location places it within walking distance of downtown Monterey's attractions, including Fisherman's Wharf and Del Monte Beach. The asking price is $1,325,000, translating to $598 per square foot. This exceptional property presents a rare opportunity to acquire a functional and comfortable building in an unbeatable location, ideal for a variety of professional uses or conversion to a residential property. The property's APN is 011-715-001.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $484,671
    Hospitality
    $443,956
    Educational
    $369,366
    Medical
    $382,069
    Retail
    $574,569
415 Figueroa St, Monterey, California

Location Insight

City
Monterey
County
Monterey
State
California
Latitude
36.5984
Longitude
-121.89
CBSA code
41500
CBSA name
SALINAS, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$3,782
$245,038
$101,861
$346,899
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