638 Spencer Street

Available now!

• To view the property, applicants must register and select a day/time to view through Tenant Turner.

PROPERTY SUMMARY
Four-bedroom Penthouse suite. Enjoy your morning coffee or evening nightcap while sitting on the deck, enjoying the ocean views. Views can also be enjoyed from the kitchen, dining room and living room.

*Hardwood flooring in living and dining room
*Carpeted flooring in bedrooms
*Ceramic tile flooring in bathrooms
*Fireplace in living room

• Four (4) bedrooms
• Two (2) bathrooms
• 2,200 square feet
• Lot size is 5,850 square feet
• Second story unit. About thirty stairs to Penthouse.
• Two parking spots available in underground, gated garage.
• Washer and electric dryer included
• Water is included in the rent. Tenants are responsible for trash/recycling, gas and electric.
• One year lease to start.
• Pets are accepted on a case by case basis. Service animals and ESAs accepted, when validated and approved through Petscreening.com.

APPLICATION REQUIREMENTS
• Application required from each applicant 18+ years old.
• Excellent credit required of each applicant.
• All pets and ESAs to be screened at https://www.monterey.petscreening.com/
• Meet company qualifying requirements.
• Able to take possession of property within 15 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.
• Fully completed application from each applicant. We are unable to process applications if information is missing or if not all applicants/guarantors 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: $49/adult.
• Lease admin fee: $200, due at signing.
• First month’s rent: $4,150, due at signing.
• Security deposit: $4,600, due at signing.

UPON APPROVAL
• Proof of renter’s insurance (minimum $100,000 liability and $25,000 contents coverage) with Property Management Company 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.

AGENT INFO
Matt Collins
831-655-7851
matt@montereyrentals.com
CalDRE #01891198

Monterey Bay Property Management provides housing opportunities without regard to race, color, creed, sex, religion, national origin, ancestry, age, physical or mental disability, medical condition, familial status, marital status, citizenship status, immigration status, military service status, sexual orientation, source of income, primary language spoken, gender, gender identity, gender expression, genetic information, or the perception that one is from a protected class or is associated with one from a protected class, or any other classification protected by applicable federal, state or local law, or any other arbitrary reason.