Ocean Views First Time on the Market in Monterey! A rare opportunity in the heart of Monterey just blocks from the Wharf, dining, shops, and downtown. This property offers two separate living spaces with separate meters plus a finished basement on a 6,000 sq. ft. lot with a 2-car garage. The top floor lives like a full home with over 1,560 sq. ft., featuring 2 bedrooms, 2 bathrooms, family and living rooms, a cozy fireplace, laundry room, and ocean views. The lower level includes over 960 sq. ft. with 2 bedrooms, 1 bathroom, and inside laundry. A finished 590+ sq. ft. basement provides even more flexibility perfect for a home office, studio, or storage. With its prime location, separate utilities, and income-ready design, this property offers excellent income potential live upstairs and rent the lower level, or maximize returns with both.
32 Via Ventura presents a rare opportunity in Montereys sought-after Monte Regio neighborhood. The property includes a charming 3 bed/1.5 bath main home plus a detached duplex, each studio with its own electrical meter which is ideal for rental income or multi-generational living. Recent updates add peace of mind: fresh interior/exterior paint, new vinyl flooring, ducting, water heater, and furnace (2019). The duplex features new electrical panels and water heaters, while a fully engineered retaining wall and driveway were completed in 2023. With the main house and lower duplex unit tenant-occupied, and the upper unit vacant and ready, this property offers immediate income potential and long-term flexibility in one of Montereys most desirable locations.
Rare opportunity to acquire a well-located triplex in the heart of New Monterey. This property features three single-level units with functional, well-designed layouts and attractive finishes that appeal to todays tenants. Ideally positioned within easy walking distance to Downtown Monterey, residents can enjoy quick access to shops, restaurants, and everyday conveniences. The beach, Cannery Row, Monterey Bay Aquarium, and other iconic Monterey amenities are just a short stroll away, making this an exceptionally desirable rental location. Close proximity to the Defense Language Institute, Middlebury Institute of International Studies, and Naval Postgraduate School creates consistent rental demand and contributes to a strong, healthy rent roll. The property has been well maintained and offers a turnkey investment with long-term upside in one of Montereys most sought-after neighborhoods. Offered for the first time on the market, this is a rare chance to own a legacy multifamily asset in a prime coastal location with proven income performance and excellent walkability.
Rare opportunity to own a 4-unit mixed-use commercial and residential property in the heart of Monterey, just blocks from the Monterey Bay Aquarium, Cannery Row, and the waterfront. Two street-facing commercial units front busy Lighthouse Avenue, offering excellent visibility and foot traffic. The property also includes two residential units: a 2BD/1BA apartment above the commercial spaces with deck and off-street parking, and a detached 1BD/1BA apartment at the rear of the lot. Ideal for investors or owner-users seeking diversified income in a premier Monterey location.
Courtesy: Coldwell Banker Realty
831-626-2221
Stunning Monterey Duplex with Modern Upgrades... Nestled in a serene Monterey neighborhood, this fully remodeled duplex is a rare gem, offering both an owner-occupied lifestyle and lucrative investment potential. Each unit boasts contemporary features, including chic new kitchens, sleek bathrooms, and durable flooring. The property's modern design seamlessly blends with its tranquil surroundings, providing a calming retreat near the bustling heart of Monterey. Enjoy the elegant touches of neutral palettes and quality fixtures set against a backdrop of light-colored wood floors. Natural light floods through expansive windows, complementing the open floor plans that highlight spacious living areas and cozy fireplaces. Each space exudes warmth, with modernity meeting rustic charm in perfect harmony. Situated just a stone's throw from Del Monte Beach, the Monterey Jazz Festival, and the prestigious Naval Postgraduate School, this location is unrivaled, with nearby parks, restaurants, and local hotspots all within walking distance. Professionally managed with stable rents, this property offers a smart investment opportunity. Whether you envision a home or an investment, the unmatched location and quality craftsmanship make this duplex an ideal choice.
Stunning Monterey Duplex with Modern Upgrades... Nestled in a serene Monterey neighborhood, this fully remodeled duplex is a rare gem, offering both an owner-occupied lifestyle and lucrative investment potential. Each unit boasts contemporary features, including chic new kitchens, sleek bathrooms, and durable flooring. The property's modern design seamlessly blends with its tranquil surroundings, providing a calming retreat near the bustling heart of Monterey. Enjoy the elegant touches of neutral palettes and quality fixtures set against a backdrop of light-colored wood floors. Natural light floods through expansive windows, complementing the open floor plans that highlight spacious living areas and cozy fireplaces. Each space exudes warmth, with modernity meeting rustic charm in perfect harmony. Situated just a stone's throw from Del Monte Beach, the Monterey Jazz Festival, and the prestigious Naval Postgraduate School, this location is unrivaled, with nearby parks, restaurants, and local hotspots all within walking distance. Professionally managed with stable rents, this property offers a smart investment opportunity. Whether you envision a home or an investment, the unmatched location and quality craftsmanship make this duplex an ideal choice.
Discover an incredible investment opportunity with this amazing 4-plex in sought-after New Monterey! Featuring plans for an additional 2-bed accessory dwelling unit, this property offers immense potential. Each unit is a spacious 2-story townhouse with tasteful upgrades, ensuring comfortable and modern living. Perfectly situated near Cannery Row, Pacific Grove, and the Taylor Street gate to the DLI, the location is ideal for attracting renters. Enjoy a fantastic rent roll with room for growth in this prime spot above the iconic Monterey Bay. Just minutes from downtown Monterey, Cannery Row, and Downtown Pacific Grove, this property combines convenience and charm in one of the most desirable areas. Don't miss out on this unique investment in a truly unbeatable location!
Monterey is located in California. Monterey, California has a population of 30,014. Monterey is less family-centric than the surrounding county with 32.5% of the households containing married families with children. The county average for households married with children is 35.83%.
The median household income in Monterey, California is $85,365. The median household income for the surrounding county is $82,013 compared to the national median of $69,021. The median age of people living in Monterey is 37.4 years.
The average high temperature in July is 66.5 degrees, with an average low temperature in January of 42.6 degrees. The average rainfall is approximately 18.2 inches per year, with 0.1 inches of snow per year.
