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The iconic Der Ling Building and its charming Der Ling Lane and garden are the precious crown jewels of Ocean Avenue in Carmel-by-the-Sea.This is one of the most photographed properties in Carmel-by-the-Sea. This property has been owned by the same local Carmel family since the 1930's and is being offered for the first time in over 75 years.
This historic property is being offered at $4,500,000. Capitalization rate is 4.3%.