Home Buying in 93940>Question Details

Voices Member,  in

monterey, Ca 93940 modern Rentals with bay, city lights views, w/ option to buy in near future.

Asked by Voices Member, Wed May 28, 2008

Availability of modern rentals with bay, city lights views, w/ option to buy in near future.

Help the community by answering this question:

Answers

3
J.Price

I would recommend you call Jeffrey Miller Real Estate Brokerage. 655-8572. He is selling condos at 585 Laine Street in Monterey. I believe that there are some that will be rented out, I don't think they will have lease-option, but they will certainly be open to you purchasing a unit later on if you so desire.

They were just remodeled and have a very nice view above Cannery Row. You can walk to just about anywhere in town from there. They also have a free bus service on Cannery Row from Memorial Day to Labor Day.

I just represented a buyer there and he loves the complex. I also understand that if you can put 100k down, they will offer owner financing with a nice interest rate. You will need to check on that to make sure.

I don't how you feel about living in upper Seaside, but there are some good bank owned properties up there with beautiful bay views at mortgage prices that will rival rents. Contact me if you would like to see something like that. Happy house hunting!
2 votes Thank Flag Link Tue Sep 2, 2008
yes there are those types of rentals available, but the selling market is too strong for most buyers to consider a lease option.
0 votes Thank Flag Link Thu Dec 6, 2012
I don't mean to sound too negative---but good luck! Monterey seems to have an abundance of old, outdated and in need of lots of repair type rentals.
0 votes Thank Flag Link Wed Dec 16, 2009
Search Advice
Ask our community a question
Email me when…

Learn more

Copyright © 2015 Trulia, Inc. All rights reserved.   |  
Have a question? Visit our Help Center to find the answer