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Fourplex with Rooftop Patio
For Sale
$3,200,000

463 Torres St, Carmel, CA 93921

Four leased residences feature radiant floor heating, elevator access, and separate PG&E and water meters.

Property Size2,822 SF
Price / SF$1,133
Days on Market129

Property Features for 463 Torres St

General Information

Standard status Active
Size 2,822 SF
Elevators Yes
Property subtype Residential Income
Occupancy 100%

Additional Details

Utilities to Site Yes
Multifamily Units 4

Amenities

rooftop patio
gated entrance
radiant floor heating

Building Details

Year Built 2010
Buildings 1
Stories 3
Tenancy Multi
Listing Agency: CENTURY 21 Masters
Listed By: Charlene King · License #00813665
Source: Exprealty
Added: Jun 21 Changed: Oct 25 Last Checked: Oct 26 at 5:56PM

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 CENTURY 21 Masters

Rey
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Investment Insights

Based on property information with market context.

Built in 2010, this fourplex contains 2,822 square feet, with residences on the first and second stories and a rooftop patio above. A tiled staircase and elevator connect the building’s three levels. The property also includes radiant floor heating in each unit, a private garage, additional garage storage, gated building entry, and low-maintenance landscaping. PG&E and water are separately metered, and all units are leased.

The building is at 463 Torres St in Carmel, within walking distance of the beach, dining, shopping, and the village. The rooftop patio offers coastal views.

Key Highlights

  • Fourplex built in 2010 with 2,822 square feet
  • Four residences, all leased
  • Rooftop patio with coastal views

Property Analytics

Lease Details

4
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,215
Businesses Nearby

Demographics for 93921, CA

2,956
Population
2,910
Households
1
Avg Household Size
63
Median Age
75%
College-Educated
100%
High-School Grad
1.0 sq mi
ZIP Area
2,956
Density / Sq Mi
$87,457
Median Household Income
$48,214
Median Earnings
$2,980
Median Rent
$2,000,001
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - Four leased residences feature radiant floor heating, elevator access, and separate PG&E and water meters.
Where is this quadplex located?
The property is located at 463 Torres St Carmel, CA.
What is the asking price?
The asking price for this property is $3,200,000.
What are key features of this property?
This property features: Fourplex built in 2010 with 2,822 square feet; Four residences, all leased; Rooftop patio with coastal views
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