751 HAWTHORNE STREET, MONTEREY, CA 93940

  • Lot Size: 6,000 sqft
  • MLS #ML81851849
For Sale $325,000

Description

Wow a Stunning Ocean view lot in an unbeatable location. Just a stone's throw from the beach, historic Cannery Row, and a short distance to the Monterey Bay Coastal Recreation Trail to Old Fisherman's Wharf. Don't miss this fantastic long-term investment while waiting for water. Buyer to investigate water and building requirements with the City of Monterey to verify your specific vision for this fabulous piece of property. Keep your eyes and ears open as well regarding future water. Based on the Monterey Herald's recent article on 9/28/2021 the Monterey Peninsula Recycled Water Project appears to be gaining steam and looks like a real promising possibility for some future water on the Monterey Peninsula. Per the City Planner of Monterey: The City Code allows for a density bonus of up to 35%, which would increase the total number of units allowed on the property from 4 to 5 units, as long as there is at least 1 low-income unit in addition to 4 standard units.

FACTS / FEATURES

  • Lot Size: 6,000 sqft
  • View: City Lights, Bay

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Based on information from California Regional Multiple Listing Service, Inc. as of January 20, 2022. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.