John E Burge

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0 TorresCarmel, CA 93921

Multi-Family · 2,822 Sq. ft. | 0.09 Acres
$3,650,000 Active

0 Torres Overview

Time on Site:
8 days
Visits:
0

Looking for a PREMIER coastal asset to add to your portfolio? RARE Carmel-by-the-Sea SOLID investment opportunity just moments from the Ocean with a stunning ROOFTOP PATIO offering sweeping coastal views. This perfectly positioned FOURPLEX, built in 2010, combines coastal charm, modern convenience and a strong income history in one of California's most sought-after destinations. All Tenants on lease. Gorgeous, low maintenance landscaping, locked/gated building access with a tiled, split 3 story staircase and an elevator which provides convenient access throughout the building. All units located on 1st and 2nd story - 3rd story is Rooftop Patio only. Private garage, extra garage storage units and gated/locked entrance to the building, Separate meters for PG&E and water. Radiant floor heating in each unit. Ideally located within walking distance to the beach, world-class dining, boutique shopping and the vibrant village atmosphere of Carmel-by-the-Sea, this property offers an unbeatable combination of lifestyle and investment appeal. Whether expanding your portfolio or securing a legacy property in a premier coastal market, opportunities like this are exceptionally hard to find. This fully occupied fourplex has a strong rental history making it an excellent investment.

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0 Torres Facts & Features

  • Type Multi-Family
  • Sq. ft. 2,822
  • Price/Sq.ft. $1,293
  • Lot 0.09 Acres

Details

General

Association/HOA

  • Association: No

School Information

  • School District: Carmel Unified

Income/Expenses

  • Other Expense: 3223.0
  • Gross Scheduled Income: 148800.0
  • Insurance Expense: 29564.0
  • Maintenance Expense: 5149.0
  • Trash Expense: 4248.0

Building Information

  • Year Built: 2010

Location/Region

  • County Or Parish: Monterey
  • MLS Area Major: 699 - Not Defined
  • Postal City: CARMEL BY THE SEA

Tax Information

  • Tax Annual Amount: 50340.0

General Information

  • Parcel Number: 010432001000
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Special Listing Conditions: Standard
  • Zoning: R-4

Interior

Parking Information

  • Garage Spaces: 2.0
  • Garage: Yes

Beds/Baths

  • Bathrooms Total: 0

Building Interior

  • Building Area Total: 2822.0

General Information

  • Appliances: Dishwasher,Microwave,Refrigerator
  • Flooring: Wood
  • Foundation Details: Slab
  • Living Area: 2822.0
  • Living Area Source: Other
  • Stories Total: 3

Exterior

Parking Information

  • Parking Total: 1.0

Lot Information

  • Lot Size Area: 4000.0
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 4000.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 1
  • Water Source: Public

Waterfront/View

    Building Exterior/Construction

    • Roof: Tile

    General Information

    • Sewer: Public Sewer

    0 Torres Neighborhood

    Community

    93921 (CARMEL) Demographics

    65
    Median Age
    2,780
    Population Density (per sq. mile)
    79%
    College Educated
    $93,234
    Estimated Median Income
    741
    Estimated Total Home Owners
    902
    Estimated Total Renters
    45% / 55%
    Estimated Owner / Renter Divide
    2
    Estimated Average Household Size
    Community data courtesy of LiveBy, Inc.

    Schools

    School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

    0 Torres Monthly Cost

    $
    $ %
    %
    $
    $
    * All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

    0 Torres Market Data

    Based on the last 30 days in this zip code

    $5,803,500
    Average List Price
    $2,637
    Average Price per Square Foot
    5
    Properties Sold
    78
    Average Days on Market
    52
    Properties for Sale
    Calculations provided by Reliance Network

    0 Torres History

    Date Event Value Agent
    6/21/2026Source: CRMLS Added to Database
    June 21, 2026
    Listing provided courtesy of CENTURY 21 MastersCharlene King- MLS# ML82051782MLS ProviderContact Information: [email protected] - (831) 245-0321
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