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225 Carmel Avenue

List Price: $1,850,000

Category:

Multi-Family

Year Built:

1940

Lot Size:

0.684 Acres

Square Footage:

4349

Stories:

MLS#:

ML82015567

Description of Property at

225 Carmel Ave

Well maintained long-time family-owned income property in the heart of Marina. Situated on an expansive 29,794 sq. ft. multifamily residential lot. The property features four individual homes: a spacious 1,750 sq. ft. 3-bedroom, 2-bath main house and three charming 2-bedroom, 1-bath cottages. The multi-residential zoning allows for flexible development options whether it's adding multiple ADUs to complement the existing homes or exploring the potential for higher-density redevelopment. Recent improvements include: Newer roof on the main house (2021), new kitchen, dining, and hall flooring in the main house (2025), Fresh exterior paint on all cottages (2024), new ABS sewer line (202324) and several other improvements. Two 2-car garages, plus abundant off-street parking. Close proximity to beaches, shopping, schools, CSUMB, major highways, and outdoor recreation including scenic hiking and biking trails.

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