37145 Nason Road, Carmel Valley, CA 93924
Three legal homes on one lot, each with a fenced yard and gate, offering separate outdoor space.
- Added:
- Jun 19, 2026
- Days on Market:
- 10
- Last Refresh:
- Jun 24 at 3:56 am
Property Features for 37145 Nason Road
General Information
- Standard status
- Active
- Size
- 2,754 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1949
Listing office Affinity Properties (831) 206-8618
Listing date Jun 19, 2026
Source Exitrealty
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Affinity Properties
HighLights
- Three legal homes on one lot
- Approx. 2/3 acre lot
- Each home has a fenced yard with its own gate
- Year built: 1949
- Property is in good condition and rents easily
Overview
The property is located at 37145 Nason Road in Carmel Valley, California. With three homes under one ownership structure, it offers a consolidated setup for residential income while keeping each unit’s outdoor space distinct.
For buyers, the layout supports multiple residential households while offering an owner a straightforward, three-home configuration to manage on one parcel. It can also appeal to those looking for a property with built-in separation between homes, particularly given that each home’s fenced yard is already in place. The current offering is positioned as ready for new ownership, with the seller indicating the homes are currently producing rent.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $70.4k | $25.56 |
| − Vacancy | −$1.7k | −$0.61 |
| EGI | $68.7k | $24.95 |
| − OpEx | −$20.6k | −$7.49 |
| NOI | $48.1k | $17.47 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Carmel Valley
- County
- Monterey
- State
- California
- Longitude
- -121.6558874
- Latitude
- 36.3987423
