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$3,500,000
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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.
Full Property Details
Full Property Details for 0 SW Corner San Carlos and 5th Ave
General
- Sold For: $3,500,000
- Status: Closed
- Type: Multi-Family
- Source: RE_Infolink
- MLS ID: ML82064539
- Added to Site: 7 day(s) ago
Interior
- Flooring: Laminate, Vinyl / Linoleum
Rooms
Other Rooms
- Kitchen: Gas Oven/Range
- Laundry: None
Additional Information
- Extras: Not Applicable , Comp Only
- Security/Safety: None
Parking
- Parking Features: No Garage, On Street
Location
- Area: Northwest Carmel
- County: Monterey
- Cross Streets: San Carlos
Heating & Cooling
- Cooling Type: None
- Heating Type: Central Air (Gas/Forced Air), Wall Furnace
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Individual Electric Meters, Public Utilities
- Metering: Master Water, Separate Electric
Structural Information
- Construction: Wood , Wood Frame
- Foundation: Combination, Concrete Block, Concrete Perimeter, Conc
- Roof: Composition
- Disability Access: None
- Square Feet: 4,449
- Year Built: 1953
Unit Information
Unit 1
- Square Feet: 2943
Unit 2
- Square Feet: 439
- Bedrooms: 1
Unit 3
- Square Feet: 465
- Bedrooms: 1
Unit 4
- Square Feet: 602
- Bedrooms: 2
Lot Features
- Property View: Downtown, Ocean
- Minimum Lot Size: 3937
- Lot Size (Sq. Ft.): 3,937
- Building Sites: 1
- Grounds/Landscape: None
- Zoning: SC
Listed by Compass, BambacePetersonTeam and Compass, Rico Bautista
Sold by Comps, BambacePetersonTeam
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Price & Sales History for 0 SW Corner San Carlos and 5th Ave
Date
Details
Price
Change
Source
10/14/2026
Sold
$3,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
0 SW Corner San Carlos and 5th Ave, Carmel, CA 93923 (MLS# ML82064539) is a Multi-Family property that was sold at $3,500,000 on October 14, 2026. Want to learn more about 0 SW Corner San Carlos and 5th Ave? Do you have questions about finding other Multi-Family real estate for sale in Carmel? You can browse all Carmel real estate or contact a Coldwell Banker agent to request more information.
