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Residential Income

Monterey, CA 93940
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Bed 0

Bed

Bath 0

Bath

SqFt1,525

Sqft

SqFt6,118

Sqft(Lot)

Live in one and generate rent from the other or rent them both! Two separate homes, separately metered for PG&E and water, on one parcel. Both homes have been extensively renovated and are sited on a 6118 sf fenced lot with a large paver parking area. The front home is a 2 bed 1 bath with approx. 900 sf. Beautiful wood plank flooring, newer appliances which includes a dishwasher, quartz counter tops, custom cabinets, tankless water heater, fireplace, tiled stall shower and wall heater. This home also has a basement with extra storage and washer and dryer. The rear unit is a 1 bed 1 bath with approx. 625 sf. This home has plank flooring, newer appliances and cabinets, quartz counter tops, tiled stall shower, wall heater and tankless water heater. Plenty of room in the backyard to create a garden or a bbq area. Located close to all the Monterey Peninsula has to offer with easy access to Hwy 1. Perfect for a weekender while generating some income or for an investor.

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Detail Ic Property Details

Property Type : Residential Income

Price : $1,149,000

AD Id : 45799933

MLS Id : ML81889805

Lot Size : 6,118 Sqft

Living Area Size : 1,525

Year Built : 1918

County : Monterey

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At $753.44 per sq.ft.,this listing is priced below average compared to other multifamily from Monterey.

The average multifamily price in Monterey is $498412.86 with avg. price / sq.ft of $2844.68.

The average multifamily price in Monterey County is $540257.14 with avg. price / sq.ft of $3659.00.

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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
Archer Street, Monterey, CA, 93940 $1,985,000 -- -- 2,214 2,214 SqFt
1150 8th Street, Monterey, CA, 93940 $1,775,000 6 -- 2,244 2,244 SqFt
883 Lighthouse Avenue, Monterey, CA, 93940 $1,500,000 3 -- 2,633 2,633 SqFt
291 Watson Street, Monterey, CA, 93940 $1,950,000 3 -- 3,346 3,346 SqFt
1113 Mcclellan Avenue, Monterey, CA, 93940 $1,500,000 6 -- 2,204 2,204 SqFt
830 Parcel Street, Monterey, CA, 93940 $1,650,000 8 -- 3,436 3,436 SqFt

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ByOwner last updated this listing 04/07/2026 @ 00:49

MLS: ML81889805 LISTED BY: Stuart Shankle, Sotheby's Int'l Realty-Rancho 831-624-1566 SOURCE: CRMLS

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