Seller's Agent in 2025
James Kendall
Baird Partnership, Inc.
(831) 521-4657
3 in this area
21 Total Sales
107 Seeno St Monterey, CA 93940
Old Town Neighborhood
5
Beds
3
Baths
2,510
Sq Ft
6,416
Sq Ft
Highlights
- 3 Car Detached Garage
- Forced Air Heating System
- 4-minute walk to Lower Presidio Historic Park
- Monterey High School Rated A
- 1-Story Property
About This Home
As of May 2025Price reduced by $100,000! Welcome to 107-111 Seeno St. Monterey, CA. This is a rare opportunity to acquire a triplex multifamily property in one of Monterey's most desirable neighborhoods, Spaghetti Hill, featuring a mix of 2, two-bedroom units and 1, one-bedroom unit. - Strong Occupancy: High tenant retention with consistent rental demand. - Expansion & Value-Add Potential: Opportunity to increase rents through renovations, or redevelopment. - Prime Location: Located a block from the famous Monterey Wharf and Downtown Monterey. - Stabilized & Income-Producing: Immediate cash flow with upside potential. Please do not disturb tenants. Offers will be reviewed as they come.
Last Agent to Sell the Property
Baird Partnership, Inc. License #02010395 Listed on: 03/20/2025
Property Details
Home Type
- Multi-Family
Year Built
- 1957
Parking
- 3 Car Detached Garage
Home Design
- Triplex
- Composition Roof
Interior Spaces
- 2,510 Sq Ft Home
- 1-Story Property
- Crawl Space
Additional Features
- 6,416 Sq Ft Lot
- Forced Air Heating System
Listing and Financial Details
- Total Actual Rent $63,564
Community Details
Overview
Building Details
- 3 Leased Units
- Gardener Expense $780
- Insurance Expense $2,723
- Maintenance Expense $1,500
- Manager Expense $3,418
- Other Expense $1,909
- Trash Expense $920
- Operating Expense $27,623
- Gross Income $63,564
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/28/2025 05/28/25 | Sold | $1,308,000 | -4.9% | $521 / Sq Ft |
| 04/29/2025 04/29/25 | Pending | -- | -- | -- |
| 04/18/2025 04/18/25 | Price Changed | $1,375,000 | -6.8% | $548 / Sq Ft |
| 03/20/2025 03/20/25 | For Sale | $1,475,000 | -- | $588 / Sq Ft |
Source: MLSListings
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 | $4,375 | $371,615 | $124,292 | $247,323 |
| 2024 | $4,375 | $363,153 | $121,855 | $241,298 |
| 2023 | $4,051 | $356,033 | $119,466 | $236,567 |
| 2022 | $3,996 | $349,053 | $117,124 | $231,929 |
| 2021 | $3,940 | $342,210 | $114,828 | $227,382 |
| 2020 | $3,796 | $339,902 | $113,651 | $226,251 |
| 2019 | $3,974 | $333,262 | $111,423 | $221,839 |
| 2018 | $3,822 | $326,752 | $109,239 | $217,513 |
| 2017 | $3,550 | $320,370 | $107,098 | $213,272 |
| 2016 | $3,489 | $314,113 | $104,999 | $209,114 |
| 2015 | $3,440 | $309,413 | $103,422 | $205,991 |
| 2014 | $3,384 | $303,377 | $101,397 | $201,980 |
Source: Public Records
Agents Affiliated with this Home
-
James Kendall
Map
Source: MLSListings
MLS Number: ML81998859
APN: 001-362-010
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