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Berkshire Hathaway HomeServices Ca Properties
SW Corner San Carlos and 5th Avenue, Carmel By The Sea, CA 93923
- $3,500,000
- 4,449
- SqFt
- Sold Price
- $3,500,000
- List Price
- $3,500,000
- Closing Date
- Oct 14, 2026
- Status
- CLOSED
- MLS#
- ML82064539
- Year Built
- 1953
- Living Sq. Ft
- 4,449
- Lot Size
- 3,937
- Acres
- 0.09
- Days on Market
- 0
- Property Type
- Multifamily
- Property Sub Type
- Mixed Use
Property Description
Located at the SW Corner of San Carlos & 5th Avenue in the heart of Carmel-by-the-Sea, this mixed-use investment offers a rare opportunity to own a piece of one of California's most coveted coastal villages. Built in 1953 and situated on a 3,937 SF lot, the 4,449 SF building comprises six income-producing units. Three ground-floor commercial spaces (retail, deli, and spa) paired with three residential units generating stable in-place income in a market defined by scarcity and enduring demand. Just steps from Ocean Avenue's boutiques, galleries, and acclaimed restaurants, the property sits within a one-square-mile radius home to over 100 boutiques, 60 restaurants, and 50 galleries, in a town that welcomes more than four million visitors annually. Offered at $3,500,000, this is a compelling opportunity to secure a well-located, income-generating asset in one of the Central Coast's most affluent and enduring markets.
Additional Information
- Taxes
- $12,300
- Heat
- Wall Furnace
- Cooling
- Yes
- Cooling Description
- None
- View
- Ocean
- Roof
- Composition
- Sewer
- Public Sewer
- Water
- Public
- School District
- Carmel Unified
- Elementary School
- Carmel River
- Middle School
- Carmel
- High School
- Carmel
- Attached Structure
- Detached
- Gross Scheduled Income
- $172,700
Listing courtesy of Listing Agent: BambacePetersonTeam (bambacepeterson@compass.com) from Listing Office: Compass.
Listing sold by BambacePetersonTeam from Compass
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Based on information from California Regional Multiple Listing Service, Inc. as of . 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.