2024 Montgomery Ave, Cardiff By The Sea, CA 92007

Local realty services provided by:Better Homes and Gardens Real Estate Lakeview Realty
2024 Montgomery Ave,Cardiff By The Sea, CA 92007
$3,200,000
Virtual Tour
  • - Beds
  • - Baths
  • 3,050 sq. ft.
  • Multi-family
  • Pending
Listed by:kenneth herskind
Office:top gun cre
MLS#:PTP2502048
Source:CRMLS

Price summary

  • Price:$3,200,000
  • Price per sq. ft.:$1,049.18

About this home

We are pleased to present 2024-30 Montgomery Ave. Apartments, an exclusive coastal multifamily rental property in Cardiff-by-the-Sea community and located west of Interstate 5. The subject property financials are extremely attractive for a prime coastal rental property with a current 4.11% CAP rate / 5.01% Proforma CAP rate, along with a current 17.09 GRM / Proforma 14.73 GRM. The subject property is also comprised of roughly 3,050 SF living space with a total of five units. The approximately 4,984 SF lot provides five surface parking spaces accessed from the rear alley along with spacious common area along the front and side of the property for tenants to enjoy a barbecue and other social activities. The current unit mix includes (1) two bedroom / one bath unit, (3) one bedroom / one bath units, and (1) studio unit. The building was built in 1977, and all units were completely renovated approximately eight years ago by the previous owner. The current owner has maintained all the

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Home facts

  • Year built:1977
  • Listing ID #:PTP2502048
  • Added:179 day(s) ago
  • Updated:September 16, 2025 at 07:36 AM

Rooms and interior

  • Living area:3,050 sq. ft.

Structure and exterior

  • Year built:1977
  • Building area:3,050 sq. ft.
  • Lot area:0.11 Acres

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$3,200,000
  • Price per sq. ft.:$1,049.18
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