Best Value In Monterey ... One Block To Down Town! Opportunity Knocks ...Outstanding DUPLEX, Excellent Location, Close To Old Town Monterey. Separate Meters. Front Unit A - Offering 2 Bedrooms 1 Bathroom Unit, Crown Molding Accents, Newer Flooring, Remodel Bathroom, Dual Pane Windows. Rear Unit B - Offering 2 Bedrooms, 1 Bathroom, Large Rear Yard, Dual Pane Windows. Newer Roof, Dual Pane Windows Accents. Both Units Currently Occupied Month To Month. Separate Utility Closets - Each Unit With Washer and Dryer. What A Location! Close Proximity To Monterey Peninsula Collage (MPC), Naval Post Graduate School (NPS), Defense Language Institute (DLI), Local Bus Lines and More. Units Individually Metered. Front Unit Offers Remodeling Accents. Rear Unit Offers Rear Patio and Yard. SHOWN BY APPOINTMENT ONLY. DO NOT DISTURB TENANTS.
Wonderful Monterey Location, Located In The Highly Desired "Oak Grove" Neighborhood - Across The Street From El Estero Park, Close to Fishermans Wharf, Dust Bowl Brewery and More. Newer Roof, Dual Pane Window Accents, Town Home Style - Spacious 2 Bedroom 1.5 Bathroom Units, Large Carport, Individual Utility Closets With Washer and Dryer, Decking With Views. Unit A - Decking With Water Views, Unit B - Beautifully Remodeled. Fabulous Location! Close Proximity To Monterey Peninsula Collage (MPC), Naval Post Graduate School (NPS), Defense Language Institute (DLI), Local Bus Lines and More. Units Individually Metered. The Perfect Opportunity To Live In One Unit - Enjoying Living by The The Waters Edge, While Having Rental Income From The Other. DISCLOSURE PACKAGE Being Prepared. Pest Inspection Completed, SHOWN BY APPOINTMENT ONLY. DO NOT DISTURB TENANTS.
Welcome to an exceptional investment opportunity featuring a prime commercial space, a four-unit apartment building with garage parking, and am additional, spacious parking lot. The commercial space, strategically located on a bustling street, boasts large windows that flood the interior with natural light, creating an inviting atmosphere for potential businesses. The four-unit apartment building offers modern living with well-appointed units making it an attractive option for renters. There are 3 single car garage spaces for storage or parking as well. This property will also include 1260 Del Monte Ave; a generous parking lot, convenient for both residents and customers. This multifaceted asset not only promises a steady income stream but also positions you in a vibrant community with endless potential for growth. Close to the Naval Postgraduate School, Fisherman’s Wharf, Del Monte beach, and downtown Monterey!
Discover a remarkable real estate opportunity featuring a charming main house and a four-unit apartment building, ideal for both homeowners and investors. The main house boasts two spacious bedrooms and a well-appointed bathroom, offering a cozy retreat with inviting living spaces and plenty of natural light. A modern kitchen with updated appliances flows seamlessly into the living area, perfect for gatherings. The apartment building features four 1 bed, 1 bath units several of which have been recently upgraded with modern finishes. Nestled in a vibrant neighborhood, this property not only provides a comfortable home but also the potential for significant rental income, making it a versatile investment in today’s market. Close to Close to the Naval Postgraduate School, Fisherman’s Wharf, Del Monte Beach, and downtown Monterey! Don’t miss the chance to own this dual-purpose gem!
New price on the this gem! Located within walking distance to Postgraduate Naval Academy, El Estero Park,Monterey Bay Park and Dennis the Menace Playground ! The front unit offers two bedrooms, one bath. The rear unit offers one bed and one bath. Great opportunity to live in one unit and rent out the other! Side yard offers a spacious patio area. Driveway parking. Dont miss this one!
Dream Location -Live on Site or Rent Both Units - This Charming Duplex with a spectacular Monterey Peninsula Lifestyle and Income Potential is located a few blocks from the sparkling shoreline, combining coastal living with a prime investment opportunity. The highly desired layout features the 2-bedroom units separated on the lot and off-street parking with the carport in between, creating privacy. Freshly painted with new flooring, offering a clean, move-in-ready feel. Each unit has laundry facilities, a washer and dryer, refrigerators, and ample parking. The upstairs unit features ocean peek views, while the front unit exudes the charm of a private beach-town cottage. Ideally situated close to the beach, Cannery Row, and the world-renowned Monterey Bay Aquarium, the property is surrounded by vibrant shopping, dining, and entertainment. Golf courses, picturesque shorelines, and endless outdoor recreation are just moments away. The unbeatable location puts you in the heart of the Monterey Peninsula, with quick access to Pacific Grove, Pebble Beach, Carmel-by-the-Sea, & the scenic beauty of Big Sur. Whether you want to live onsite in a resort-style town or rent out both units, this duplex offers an enviable income opportunity in one of California's most sought-after coastal areas.
Courtesy: Real Brokerage Technologies
Courtesy: Davi Properties Group
Discover an incredible investment opportunity with this amazing 4-plex in sought-after New Monterey! Featuring approved 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!
Welcome to 786 Pine St. in New Monterey, where coastal living meets modern convenience! This charming Craftsman single-family home, remodeled in 1992, boasts a unique split-level floor plan spanning 2,116 square feet, offering a comfortable and spacious retreat. Enjoy breathtaking panoramic views of the serene Monterey Bay right from your windows, providing a daily dose of coastal tranquility. Nestled in close proximity to vibrant shops, delectable restaurants, and the renowned Monterey Aquarium, convenience and leisure are at your doorstep. But that's not all this property also features three additional 1 bed 1 bath units, meticulously reconstructed in 2008. Whether you're seeking extra income potential as an investor or envisioning a multigenerational haven, this versatile setup caters to your needs. Embrace the allure of passive income while savoring the joys of coastal living. With endless possibilities awaiting, seize the opportunity to make this your new home today! Schedule a private showing to explore the lifestyle and investment potential that awaits you on the Monterey Peninsula. (Combined total sq footage = 3,348)
The Chappell House, a charming historic property, stands as a testament to craftsmanship and community. Constructed circa 1939 by James A. "Jim" Chappell and his wife, Mary, this unique triplex offers a glimpse into the past. The Chappell House stands as a living legacy triplex that weaves together family ties, architectural excellence and the allure of coastal views. Its walls echo stories of collaboration, love and the enduring beauty of Monterey. This unique property offers an upstairs unit with two bedrooms and one bathroom with spectacular views of the Monterey Bay and Santa Cruz. Imagine waking up to breathtaking vistas every morning! The downstairs separate units offer one bedroom, and one studio with one bathroom each. The Chappell House can be purchased separately for $2.8 million. 786 Pine Street. (APN#001-123-023-000) can be purchased for $3 million. This property offers three (3) bedrooms and two (2) bathrooms. Beautiful expansive views as well. A retreat that combines comfort with breathtaking scenery. Additionally, 786 1/2 offers three (3) one-bedroom, one-bath units (Reconstructed in 2008). Ideal for additional investor income and/or multi generational use. 6 blocks to Canary Row, Monterey Bay Aquarium. Once in a lifetime opportunity awaits you!
Attention 1031 exchangers, investors or even second home searchers!!! Here is a rare opportunity to own a unique New Monterey 4 unit apartment complex with a spacious apx 1934 SF penthouse on top featuring expansive views of Monterey Bay and city lights. Also rare is the fact that all 4 units have been remodeled with updated flooring, countertops, stainless steel appliances, new windows, sliding glass doors, and paint inside and out. The penthouse boasts 3 bedrooms and 2.5 baths including a primary suite, open beam ceilings and a wall of windows facing the Monterey Bay. There is a fireplace in the roomy living room, plus a dedicated dining room, ample kitchen, a dedicated laundry room and an apx. 151 SF deck. Below is a roughly 913 SF 2 bed, 1 bath unit and an approximately 714 SF 1 bed, 1 bath unit, both with bay views. Lastly, is an apx 978 SF 2 bedroom, 1.5 bath, townhouse style unit with the living space below and the bedrooms above w/ a private backyard. In total there is over 4500 SF of living space! Other amenities include 4 car garage, a community laundry room, a large storage area, several decks and new insulated top of the line garage doors. What a great opportunity to keep one for yourself and rent the rest out!
Unique opportunity to own a two-parcel, multi-unit, estate compound in a central Monterey location. Consisting of two separate and independently parceled contiguous lots: 120 Carmelito Avenue and 942 Munras Avenue, each parcel contains individual improvements. There are 7 units in total, comprised of a 3 bedroom, 2 bath home, a two bedroom unit, 3 one bedroom units, a loft studio unit, and a stand alone commercial office. In addition, there are storage areas, parking and a workshop. The two properties offer a total of approximately 21,000 square feet of land and 5,000 square feet of improvements. Currently, 6 of the units are rented and the property is professionally managed. Owned by the same family for many years, this exceptional property is located within walking distance to downtown Monterey. The two parcels and improvements are being sold in their "As Is" present condition and are being sold together.
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.
