Lincoln 2SW of Ocean Avenue, Carmel-by-the-Sea, CA, 93921
La Rambla - Commercial Building For Sale - Downtown Carmel-by-the-Sea
$7,500,000

One of a kind luxury property in the heart of downtown Carmel-by-the-Sea featuring two residences with ocean views, a private and sunny 1,700 sf courtyard with designer lighting and sound, plus two commercial units with hardwood floors and separate baths.  Located just a few blocks from world-renowned Carmel Beach, this Mediterranean-style building, originally constructed in 1929 and designed by Guy O. Koepp, recently underwent a multiyear, extensive renovation.  Highlights include high-end finishes throughout, elevator, laundry room, 3 storage rooms, plus a reception room in close proximity to the courtyard. This trophy property offers a variety of uses and possibilities.  Property is deemed historic and could offer a tax benefit to its future owner. Updated income summary available. Rare short term rental permits established. Seize your opportunity now to own an iconic piece of our village by the sea.

2
beds

3.5
baths

Tim Allen

Tim Allen

Features & Amenities

Interior

  • total bedrooms2
  • Total bathrooms3.5
  • full bathrooms2
  • half bathrooms3
  • KITCHEN Fully Renovated
  • Flooring Hardwood
  • other interior Features Fully Renovated with High-End Finishes

Area & Lot

  • Status Sold
  • Total Area4,328 Sq.Ft.
  • TypeResidential, Commercial
  • YEAR BUILT1929
  • NeighborhoodCarmel Valley
  • View DescriptionOcean Views

Exterior

  • HEAT TYPECentral Forced Air
  • water FeaturesFountain
  • security FeaturesCourtyard Gated with Keypad

Financial

  • Sales Price$7,500,000
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La Rambla - Commercial Building For Sale - Downtown Carmel-by-the-Sea
La Rambla - Commercial Building For Sale - Downtown Carmel-by-the-Sea

This trophy property offers a variety of uses and possibilities.

– TA
La Rambla - Commercial Building For Sale - Downtown Carmel-by-the-Sea

Carmel Valley

Carmel Valley serves as a great place to raise your children due to the excellent Carmel Unified School District and safe neighborhoods.

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Local Knowledge & Global Connections

With many decades of combined knowledge of the Monterey Peninsula, the Tim Allen Properties team looks forward to providing you with a real estate experience that is second to none. Please feel free to explore our website, and contact Tim or any one of the team members with any questions you may have.