1250 5th St

INITIAL INFO Available now! PROPERTY SUMMARY Welcome to this well-located 2-bedroom, 1-bath apartment in the desirable Oak Grove neighborhood of Monterey. The apartment features a bright living space, a practical kitchen, and generously sized bedrooms. Offering a comfortable and functional layout, This property places you close to local shops, dining, and everyday conveniences, while still offering a quiet residential feel. The location is especially convenient to the Naval Postgraduate School, Monterey Peninsula College, downtown Monterey, and nearby beaches, making commuting and recreation effortless. This apartment offers a great opportunity to enjoy Monterey living in a central and convenient location. Number of bedrooms: two (2) Number of baths: one (1.0) Square footage of the : 775 Square footage of the lot: 4000 Floor plan type: single level Type of parking: Street and carport Laundry: in-unit Utilities included: Utilities are not included in rent. Pets are not allowed. APPLICATION REQUIREMENTS Each applicant 18 years and older must complete an application at RentEngine. Meet company qualifying requirements. Able to take possession of property within 25 days of availability date. Must have excellent credit, employment and rental history background. Favorable responses from references. Evidence that applicant has the financial ability to pay the rent along with their other obligations. Proof of income showing a rent to income ratio of 3 to 1 in the form of pay stubs, W-2 form, tax returns, bank statements, LES, or other documents. We are unable to process applications if the Findigs application or PetScreening profile is incomplete or missing, or if not all applicants have applied. Incorrect/misinformation/missing information may delay the processing of your application or may disqualify you as a prospective renter. All verifiable sources of income will be considered. Pursuant to Cal. Govt. Code 12955(o), for applicants with rental vouchers or subsidies, the income threshold will be calculated based on the amount of rent that will be paid by the tenant (not the entire rent amount). FEES AND INITIAL PAYMENTS Application fee: $59/adult. Lease admin fee: $350.00, due at signing. First month's rent: $3250.00, due at signing. Security deposit: $3250.00, due at signing. UPON APPROVAL Proof of renter's insurance (minimum $100,000 liability and $25,000 contents coverage) with landlord named as additional insured (note that the cost of this coverage is approximately $250 per year) is required of all residents. Renter's insurance Declaration Page to be submitted in conjunction with signing the rental agreement. This property is being offered for rent by Monterey Bay Property Management and will be fully managed by the property owner following tenant acceptance and placement. We operate on a first come, first served, and first qualified basis. We will never ask for Venmo, Zelle, CashApp, or PayPal to collect funds. If you suspect an ad has been posted by someone impersonating us or a property owner for whom we manage, please email us the information. Your security is important to us. AGENT INFO - Name: Kierstan Burritt - CalDRE #: 02041928 Monterey Bay Property Management provides housing opportunities without regard to the perception that one is from a protected class or is associated with one from a protected class, or any classification protected by applicable federal, state or local law, or any other arbitrary reason. By submitting your information on this page you consent to being contacted by the Property Manager and RentEngine via SMS, phone, or email.