Neighborhood: Villa Del Monte, Del Monte Grove/laguna Grande
417 Alcalde Avenue in Monterey is a two-bedroom plus office, one-bath home with a detached oversized garage and presents a fantastic investment opportunity with an ADU garage conversion. Live in one and rent the other or generate cash flow by renting both units. The property is within walking distance from the Navy Postgraduate School and Defense Language Institute, both highly prestigious schools that attract thousands of students each year. The home is set on a large lot with mature shade trees in the front, a long driveway for multiple vehicles & an enormous work shed out back for projects & storage. This beachside getaway is perfect for anyone looking to escape bright city lights, military personnel in training, or investors looking to increase their cash flow.