1043 5th St Monterey, CA 93940
East Monterey NeighborhoodEstimated payment $14,365/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
| 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 |
|---|---|---|---|---|
| 2025 | $23,010 | $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
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/01/2026 05/01/26 | For Sale | $2,300,000 | -- | $617 / Sq Ft |
Source: MLSListings
MLS Number: ML82045599
APN: 001-837-010-000
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Ask me questions while you tour the home.