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Legacy Real Estate Inc
0 SW Corner San Carlos and 5th AVE, Carmel, CA 93923
- $3,500,000
- 4
- BD
- 4,449
- SqFt
Listed by BambacePetersonTeam, 831-200-3178 from Compass
(If provided) CoList: Rico Bautista from Compass
Sold listing courtesy of BambacePetersonTeam from COMPS
- Sold Price
- $3,500,000
- List Price
- $3,500,000
- Closing Date
- Oct 14, 2026
- MLS#
- ML82064539
- Status
- SOLD
- Zoning
- SC
- Sqft. of Residence
- 4,449
- Lot Size
- 3,937
- Listing Area
- Northwest Carmel
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
- Cooling System
- None
- Floor Covering
- Laminate, Vinyl / Linoleum
- Foundation
- Combination, Concrete Block, Concrete Perimeter, Concrete Slab, Other
- Garage Parking
- No Garage, On Street
- Heating System
- Central Forced Air - Gas, Wall Furnace
- Laundry Facilities
- None
- Living Area
- 4,449
- Lot Size
- 3,937
- Neighborhood
- Northwest Carmel
- Other Rooms
- Storage, Other
- Other Utilities
- Individual Electric Meters, Public Utilities
- Roof
- Composition
- Sewer
- Sewer - Public
- View
- Downtown, Ocean View
- Zoning
- SC
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