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    270 El Dorado St Monterey, CA 93940

    Sponsored
    For Lease
    $24 SF/Yr ($3,504 /Mo)

    Prestigious Monterey office, flexible suites.

    Lot size:
    1,752 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Class A executive office building at 270 El Dorado Street in Monterey, California, offers a unique opportunity for businesses seeking a prominent location. The 1,752 square foot building, constructed in 1957, sits on a 5,397 square foot lot and features a two-story design. The property is conveniently located near downtown Monterey and includes private rear parking for added convenience. The interior boasts a thoughtfully designed layout, including a reception area, breakroom, two private bathrooms, four or more private offices, and a dedicated conference room area. Adding to its appeal, the second-story offices open onto exterior balconies, providing pleasant views and natural light. The building's versatility allows for flexible leasing options

    Property Features for 270 El Dorado St

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,752 SF
    Class
    A
    Total Rate
    3504

    Building Details

    Year Built
    1957
    Buildings
    1
    Stories
    2

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    1,752 SF
    Rate per SF
    $24
    Property Profile Location Intelligence

    Current Use by Public Records

    JRG Attorneys At Law Personal Injury Attorney

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Dental Office Nail Salon Building Supply Clothing Store Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Monterey
    County
    Monterey
    State
    California
    Longitude
    -121.8973154
    Latitude
    36.593842

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    FAQs

    What type of property is this?
    Office Property / Space - Prestigious Monterey office, flexible suites.
    Where is this office property / space located?
    The property is located at 270 El Dorado St Monterey, CA.
    What is the lease rate?
    The lease rate is $24 SF/Yr.
    Request Owner's contact information
    270 El Dorado St Monterey, CA 93940
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    Monterey, CA 93940
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    270 El Dorado St Monterey, CA 93940
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