1043 5th St Monterey, CA 93940
East Monterey NeighborhoodEstimated payment $14,490/month
About This Home
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.
Property Details
Home Type
- Multi-Family
Year Built
- 1964
Parking
- 2 Car Attached Garage
Home Design
- Quadruplex
- Shingle Roof
- Concrete Perimeter Foundation
Interior Spaces
- 3,727 Sq Ft Home
- 2-Story Property
Utilities
- Wall Furnace
- Separate Meters
- Individual Gas Meter
Listing and Financial Details
Community Details
Overview
Building Details
- 4 Leased Units
- Gardener Expense $900
- Insurance Expense $2,700
- Maintenance Expense $4,000
- Manager Expense $7,585
- Other Expense $1,000
- Utility Expense $1,500
- Trash Expense $500
- Operating Expense $43,082
- Gross Income $125,945
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $24,897 | $2,176,857 | $725,085 | $1,451,772 |
| 2025 | $24,897 | $2,134,206 | $710,868 | $1,423,338 |
| 2024 | $23,010 | $2,090,791 | $696,930 | $1,393,861 |
| 2023 | $22,420 | $2,049,796 | $683,265 | $1,366,531 |
| 2022 | $22,112 | $2,009,605 | $669,868 | $1,339,737 |
| 2021 | $21,792 | $1,970,202 | $656,734 | $1,313,468 |
| 2020 | $20,968 | $1,951,600 | $650,000 | $1,301,600 |
| 2019 | $5,184 | $434,266 | $109,863 | $324,403 |
| 2018 | $4,986 | $425,783 | $107,709 | $318,074 |
| 2017 | $4,631 | $417,467 | $105,598 | $311,869 |
| 2016 | $4,551 | $409,314 | $103,528 | $305,786 |
| 2015 | $4,488 | $403,190 | $101,973 | $301,217 |
| 2014 | $4,412 | $395,324 | $99,976 | $295,348 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/11/2026 08/11/26 | Price Changed | $2,250,000 | -2.2% | $604 / Sq Ft |
| 05/01/2026 05/01/26 | For Sale | $2,300,000 | -- | $617 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Interfamily Deed Transfer | -- | Chicago Title Salinas | |
| Grant Deed | $1,950,000 | Chicago Title Salinas | |
| Grant Deed | $1,740,000 | Chicago Title Salinas | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $167,000 | Commercial |
Source: MLSListings
MLS Number: ML82045599
APN: 001-837-010-000
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