674 Laine St, Monterey, CA 93940 - View 1
674 Laine St, Monterey, CA 93940 - View 2
674 Laine St, Monterey, CA 93940 - View 3
674 Laine St, Monterey, CA 93940 - View 4
674 Laine St, Monterey, CA 93940 - View 5
674 Laine St, Monterey, CA 93940 - View 6
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674 Laine St, Monterey, CA 93940

List Price: $2,350,000On Market FlagOn market
Feb 14, 20254,320 sqft8 beds0 baths
Listed by: Robert Johnston
License #: 01853816
Phone #: 650-391-1744
Marcus & Millichap
Source:
CRMLS Logo
MLS #: ML81994096

Property Description

674 Laine St is a stunning 4-unit apartment complex located in the thriving city of Monterey, California. Situated on a 5,750 square foot parcel of land, the subject property was originally constructed in 1964 and has a gross building area of approximately 4,320 square feet, offering its tenants beautifully designed two-bedroom floor plans. The subject property is strategically situated offering tenants easy access to Scholze Park, the Naval Postgraduate School, Monterey Peninsula College, and the Old Fisherman's Wharf. Additionally, Cannery Row is located within walking distance to 674 Laine St(0.3mi), and is home to a myriad of high-end shopping, entertainment and dining options including the Monterey Bay Aquarium, Ghirardelli Ice Cream & Chocolate Shop, Treasure Hunt the Ride, Lalla Grill as well as numerous others. Tenants also enjoy convenient access to transportation corridors including U.S. Route 1, California State Route 68, as well as other modes of transportation including the Monterey-Salinas Transit (MST), providing an inexpensive, hassle free commute to the regions major employers end entertainment centers on the Peninsula and throughout Monterey County.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$29,928

TurboHome Estimated Value

$2,172,600

$503 sqft

High Valuation
$2,281,230
$528/sqft
Normal Valuation
$2,172,600
$503/sqft
Low Valuation
$2,063,970
$478/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$503/sqft$2,172,600

Location

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