660 Camino Aguajito, Monterey, CA 93940
- Office buildings
- 1,791 SF
- 0.29 lot acres
Current Use by Public Records
- Sarah Frahm, DDS / Dental Office
- Cornell Trent E PhD / Physician / Medical Clinic
- Pamela Hughes Therapy / Marriage Or Relationship Counselor
- Educational Services / Tutoring Service
- Sacred Space Counseling & Therapy / Psychotherapist
Property Details for 660 Camino Aguajito
- Year built
- 1969
- Construction
- TILT-UP CONCRETE
- Lot size
- 0.29 lot acres
- Property type
- Office buildings
- APN
- 001-846-012-000
- APU
- 1846012000
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Feb 20, 2014 | $2,050,000 | Coast Valley Asset Mgmt LLC | Green R M Family Trust | Grant Deed | — |
| Aug 18, 1995 | $1,362,500 | Green,r M & Judith A | Firestone,leonard K | Trustees Deed | $1.1M · Wells Fargo Bank |
| Aug 18, 1995 | — | Leonard K Firestone | Firestone,caroline H | Quit Claim Deed · related | — |
| — | — | Green R & Brooke-green J Trust | — | Deed Of Trust · related | $1.3M · First National Bank Central Ca |
| — | — | R M Green | — | Deed Of Trust · related | — |
Description
This 9,406 square foot industrial building in Monterey, CA, sits on a 0.29-acre lot at 660 Camino Aguajito. Currently operating as a multi-tenant office building, it offers significant income potential with long-term leases in place on the first two floors. The third floor, approximately 3,600 square feet, is available for lease or owner-occupancy. Boasting 28 rooms and 6 full bathrooms, along with kitchen areas, this property provides exceptional flexibility. Large covered parking is available for employees and clients. Enjoy stunning views of Lake El Estero and convenient access to downtown Monterey and major freeways. Both the second and third floors feature private decks and floor-to-ceiling windows, creating a bright and inviting atmosphere. A complete solar power system eliminates electricity costs, offering significant savings and environmental benefits. The property is zoned R-3-6-AP, allowing for potential residential conversion of the third floor. This presents a unique opportunity for an owner-user or investor seeking a strong cap rate and a history of solid income generation. This is a truly exceptional investment opportunity.
Value Estimations
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $1,153,000
Market price range: $166k - $1.15M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $975,000 Current use
- COMMERCIAL (GENERAL)
- $900,000 Change: -8% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Monterey
- County
- Monterey
- State
- California
- Longitude
- -121.882
- Latitude
- 36.595
- CBSA code
- 41500
- CBSA name
- SALINAS, CA METROPOLITAN STATISTICAL AREA
