See Home Value
$940,000
● House - Off Market

394 Larkin Street

Monterey, CA 93940
bedrooms
4 Beds
bathrooms
4 Baths
square feet
2,606 Ft²
$1,485,437
RealtyHop Estimate
29.17%
Since Apr 1, 2018
CA-San Francisco
Primary Model

About This Property

Located in Old Monterey on the corner of Larkin and West Franklin Street roughly four blocks from Alvarado Street. This property consists of four 1-bed, 1-bath units split between two separate charming buildings. 392 & 394 Larkin contain larger twin units about 803 square feet each and 602 & 604 West Franklin Street contain a smaller set of mirrored 500 square foot units. See floor plan for square footage and layout. There are four separate water, gas and electric meters. This location has potential to draw tenants from MIIS and DLI. All stated rents, expenses and cap rate are estimated based upon future projections. See ML81685779 for Residential Income 1-4 units for the pro forma information.
Unit Size
2,606 Ft²
Days on Market
114 days
Land Size
0.15 acres
Price per sqft
$441
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1928

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Last updated: 5 months ago (MLSListings Inc. #ML81685729)

Price History

Date / Event Date Event Price
Mar 22, 2018 Sold
Sold
Nov 28, 2017 Listed by Sotheby's Int'l Realty-PG $1,150,000
Listed by Sotheby's Int'l Realty-PG

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1928
  • Effective Year Built: 1928
  • Building Count: 2
  • Total Rooms: 20
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 17
  • Building Style: 34
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 2
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 333
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,384
  • Total Building Area: 2,611
  • Gross Building Area: 2,611
  • Building Area: 2,611
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 24
  • Heated Square Feet: 2,611
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SEVERANCE
  • Land Acres: 0000000147
  • Standard Land Use Code: 1112
  • County Land Use Code: 2C
  • Legal Description 1: SEVERANCE MP ALEXANDER SUBD LOT F & BLK G & SOUTH POR LOT G

Neighborhood

  • School District Name: Monterey Peninsula Unified School District
  • Census Tract: 012700

Geography

  • Parcel: 001-381-005-000
  • Block: G
  • Lot: F,G
  • Latitude: 36.6011
  • Longitude: -121.899

    Address

  • Full Address: 394 Larkin St
  • Address - House Number: 394
  • Address - Street Name: Larkin
  • Address - Suffix Type: St
  • State: CA
  • City Name: Monterey
  • Carrier Code: C010
  • 4-Digit Zip Code: 2313
  • Zip Code: 93940

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,118,154
  • Tax Rate Code Area: 003-000

    Appraisal Valuation

  • Standard Deviation: 0.4365
  • Valuation Date: Jul 12, 2023
  • Confidence Score: 12
  • Final Value: 1,012,587
  • High Value: 1,454,616
  • Low Value: 570,557

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,028,024
  • Assessed Land Value: $437,457
  • Assessed Improvements Value: $590,567

    Sales

  • Current Sale Contract Date: Mar 08, 2018
  • Current Sale Recording Date: Mar 22, 2018
  • Current Sale Price:
  • Current Sale Document Type: 36
  • Current Sale Input Document Number: 2018012102
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Old Town


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Frequently Asked Questions

When was property at 394 Larkin Street built and last sold?
The property at 394 Larkin Street was built in 1928 and last sold on Mar 8, 2018 for $940,000.
How much is this home worth?
The estimated value of the home located at 394 Larkin Street is $1,192,196.
What are some comparable homes to 394 Larkin Street?
There are currently no comparable homes to 394 Larkin Street.