721 Monterey Street, Hollister, CA 95023
Mixed-use property with residential and commercial space in downtown Hollister.
- Added:
- Jun 19, 2025
- Days on Market:
- 359
- Last Refresh:
- Mar 16 at 9:09 am
Property Features for 721 Monterey Street
General Information
- Standard status
- Active
- Size
- 1,888 SF
Building Details
- Year Built
- 1915
Listing agent RAQUEL LOPEZ
Listing office KELLER WILLIAMS PROPERTY TEAM
Listing date Jun 19, 2025
Source Corcoran
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All listing content including descriptions, pricing, images are the copyrighted material of KELLER WILLIAMS PROPERTY TEAM
HighLights
- Mixed‑Use Property: Featuring a 3 bed, 2 bath residence and commercial space with 5 offices, 1 full bath, and 2 half baths.
- Move‑In Ready: Recently renovated and in turn‑key condition.
- Prime Location: Enjoy the convenience and accessibility of a downtown location.
- Work‑From‑Home Solution: Ideal for entrepreneurs seeking on‑site living quarters.
- Versatile Commercial Space: Suitable for accounting, legal, finance, and other professional uses.
- Unique Opportunity: A rare blend of versatility and functionality.
Overview
Local Financial Insights For Office B
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 | $105.8k | $56.04 |
| − Vacancy | −$17.2k | −$9.13 |
| EGI | $88.6k | $46.91 |
| − OpEx | −$22.1k | −$11.73 |
| NOI | $66.4k | $35.18 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Hollister
- County
- San Benito
- State
- California
- Longitude
- -121.404
- Latitude
- 36.849
