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$1,300,000
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Property Description
Mixed-use investment opportunity in a high-demand area. This well-maintained property offers a diversified and stable income stream, featuring two single-family homes and four commercial spaces, all currently rented. With a balanced tenant mix and long-term rental history, this offering minimizes investment risk and provides predictable cash flow. Live, work, and invest all in one place! This incredible property offers the ultimate blend of residential convenience and business potential. With two separate homes and four commercial units, you can grow your business while living just steps away.
Full Property Details
Full Property Details for 302 Carmel Ave
General
- Sold For: $1,300,000
- Status: Closed
- Type: Commercial Residential Facility
- Source: RE_Infolink
- MLS ID: ML82020981
- Added to Site: 160 day(s) ago
Interior
- Flooring: Carpet, Laminate, Tile, Vinyl / Linoleum, Other
Rooms
Other Rooms
- Kitchen: Gas Cooktop, Formica Countertop, Gas Oven
Additional Information
- Security/Safety: None
Parking
- Garage Spaces: 2
- Parking Features: Common Parking Area
Location
- Area: Lower Carmel
- County: Monterey
Heating & Cooling
- Cooling Type: None
Utilities
- Sewer: Public Sewer
- Water: Public
- Telecomm.: None
- Utility Description: Natural Gas, Public Utilities
- Metering: Master Gas, Master Water, Separate Electric, Separate Water
Structural Information
- Architectural Style: Ranch
- Construction: Wood , Other
- Foundation: Concrete Perimeter, Concrete Slab, Other
- Roof: Shingle
- Disability Access: Parking
- Square Feet: 6,088
- Year Built: 1980
Unit Information
Unit 1
- Square Feet: 2384
- Bedrooms: 2
Unit 2
- Square Feet: 701
- Bedrooms: 1
Unit 3
- Square Feet: 335
Unit 4
- Square Feet: 1100
Lot Features
- Property View: None
- Lot Size (Acres): 0.66
- Minimum Lot Size: 28750
- Building Sites: 3
- Grounds/Landscape: Fenced
- Zoning: MFR
- Lot Description: Regular
Disclosures and Reports
- Restrictions: None
Listed by Elite Realty, Luis Valdez
Sold by M2966, Luis Valdez
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Schools
Schools serving 302 Carmel Ave
School District:Monterey Peninsula Unified School District
| Name | Grades | Distance |
|---|---|---|
Marina Vista Elementary School, Marina, CA 390 Carmel Avenue, Marina, CA 93933 | K-5 | 0.3 mi |
Los Arboles Middle School 294 Hillcrest Avenue, Marina, CA 93933 | 6-8 | 0.2 mi |
Marina High School 298 Patton Parkway, Marina, CA 93933 | 9-12 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 302 Carmel Ave
Date
Details
Price
Change
Source
11/18/2025
Sold
$1,300,000
-23.53%
MLS
10/13/2025
Price Reduced
$1,700,000
-14.96%
MLS
9/18/2025
Price Reduced
$1,999,000
-9.14%
MLS
9/12/2025
Listed
$2,199,999
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
302 Carmel Ave, Marina, CA 93933 (MLS# ML82020981) is a Commercial Residential Facility property that was sold at $1,300,000 on November 18, 2025. Want to learn more about 302 Carmel Ave? Do you have questions about finding other Commercial Residential Facility real estate for sale in Marina? You can browse all Marina real estate or contact a Coldwell Banker agent to request more information.

