At the base of the pines and oaks of Skyline Forest, this triplex sits on a quiet wooded hillside minutes above downtown Monterey. The opportunity is structural: three separate residences (244, 246, and 248) under one roofline, each with its own entrance and character. One unit is warm and traditional, with a stone fireplace and hardwood floors. Another is bright and contemporary, with ample cabinetry and French doors to a private patio where you can bask in the beautiful forested setting. Light-filled bedrooms abound in all three units, and bathrooms are crisp and modern. A long private drive ensures plenty of off-street parking for your guests or tenants, and mature trees, a fenced backyard, and a storage shed complete the outdoor space. The neighborhood is private, yet within easy reach of downtown, the wharf, the hospital, the Naval Postgraduate School and DLI, and the Highway 1 Pebble Beach gate. For an investor, this property offers three income streams on a single parcel. For an owner-occupant, it is a chance to live in one and let the other two work for you. Welcome to a rare foothold on the Monterey Peninsula.
At the base of the pines and oaks of Skyline Forest, this triplex sits on a quiet wooded hillside minutes above downtown Monterey. The opportunity is structural: three separate residences (244, 246, and 248) under one roofline, each with its own entrance and character. One unit is warm and traditional, with a stone fireplace and hardwood floors. Another is bright and contemporary, with ample cabinetry and French doors to a private patio where you can bask in the beautiful forested setting. Light-filled bedrooms abound in all three units, and bathrooms are crisp and modern. A long private drive ensures plenty of off-street parking for your guests or tenants, and mature trees, a fenced backyard, and a storage shed complete the outdoor space. The neighborhood is private, yet within easy reach of downtown, the wharf, the hospital, the Naval Postgraduate School and DLI, and the Highway 1 Pebble Beach gate. For an investor, this property offers three income streams on a single parcel. For an owner-occupant, it is a chance to live in one and let the other two work for you. Welcome to a rare foothold on the Monterey Peninsula.
"Hansel & Gretel" Fairy tale homes with a ship builders influence in these charming homes just two blocks to downtown Monterey. Main house boasting 2 bedrooms/2 baths plus private backyard full of lemons and sunshine. Separate guest cottage with high ceilings and private back yard as well as front patio with lush landscaping. All the charm with thick plaster walls, vaulted ceilings, rolling roof. These darling homes located in the highly desirable Old Town Monterey Neighborhood.
"Hansel & Gretel" Fairy tale homes with a ship builders influence in these charming homes just two blocks to downtown Monterey. Main house boasting 2 bedrooms/2 baths plus private backyard full of lemons and sunshine. Separate guest cottage with high ceilings and private back yard as well as front patio with lush landscaping. All the charm with thick plaster walls, vaulted ceilings, rolling roof. These darling homes located in the highly desirable Old Town Monterey Neighborhood.
The building is well maintained by a professional manager. Situated at a great location, near the Naval Post Graduate School, MPC and easy access to El Estero Park. Very attractive investment property.
Discover a remarkable real estate opportunity featuring 13 Doors on 3 parcels and 1 Private Parking lot. Parcel #1 consists of a Commercial Space and a Residential Fourplex in back. Parcel #2 consists of a Main House with 2 separate guest units in back. Parcel #3 consists of a Main House with a Fourplex. These properties have been nicely remodeled and bring in a steady stream of rental income. Nestled in a vibrant neighborhood, these units are 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!
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.

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.