Old Town Multifamily Home for Sale

Old Town, a vibrant neighborhood in Monterey, is steeped in history and culture, once known as “Spaghetti Hill” for its Italian fishing community roots. The area is renowned for its historic homes and proximity to Old Fisherman’s Wharf, offering a blend of shopping, dining, and scenic views. The Old Town Historic Homes Walk, a 2-mile self-guided tour, showcases 55 historic buildings, including homes on the National Register for Historic Places. Dining options reflect the neighborhood’s heritage, with spots like Cibo Italiano, Cella Restaurant & Bar, and Domenico’s on the Wharf offering Italian and seafood cuisine. Grocery shopping is convenient with Trader Joe’s nearby, and Alvarado Street features various boutiques. The Monterey Museum of Art, with its rotating exhibits and events, is a local cultural hub. Outdoor activities include walking along the wharf to see seals and whales, boating from the Monterey Docks, and enjoying Del Monte Beach and Monterey Veterans Memorial Park. Homes in Old Town range from adobe architecture to Classic Revivals and California bungalows, with no new constructions in over 40 years. The neighborhood has a high rental population, with 74% of residents renting. Monte Vista Elementary and Monterey High School, both highly rated, serve the area’s children. Transportation is facilitated by the Monterey-Salinas Transit bus routes, and Monterey Regional Airport is just 5 miles away. The neighborhood is safer than the national average, making it a practical and appealing place to live.