$1,995,000
$305K PRICE DROP

32 Via Ventura Monterey, CA 93940

Monterey Vista Neighborhood

Estimated payment $12,509/month

Total Views 7,839
5 Beds
4 Baths
2,416 Sq Ft
$826 Price per Sq Ft

Highlights

  • Forced Air Heating System
  • Monterey High School Rated A
  • 1-Story Property

About This Home

This is a very nice tri-plex in Monterey. The main house is a 3 bedroom, 1.5 bathroom with hardwood floors, built in cabinets and central heat, the duplex is located at the rear of the property and is a two story building with one lower and one upper unit. Both units are 1 bedroom, 1 bathroom apartments, All units are currently occupied. The pictures shown in this listing were taken prior to the units being tenant occupied and may not reflect their current condition.

Listing Agent

Steve Cardinalli

Cardinalli Real Estate License #01739549 Listed on: 09/02/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • 1941

Lot Details

  • 8,159 Sq Ft Lot

Parking

  • 2 Car Garage
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Triplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,416 Sq Ft Home
  • 1-Story Property

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

Community Details

Overview

  • 2,416 Sq Ft Building

Building Details

  • 3 Leased Units
  • Gardener Expense $200
  • Insurance Expense $3,500
  • Maintenance Expense $100
  • Manager Expense $5,000
  • Utility Expense $1,000
  • Operating Expense $33,800
  • Gross Income $87,516

Property Details

Home Type

Multi-Family

Year Built

1941

Lot Details

0

Parking

2

Listing Details

  • Zoning: R2
  • Subclass: Triplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2416
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1941

Interior Features

  • Living Sq Ft: 2416
  • Stories: 1

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Off-Street Parking, On Street

Utilities

  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public

Lot Info

  • Lot Acres: 0.1873
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8160.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8160.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 22.57
  • Number Of Leased: 3

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expense Insurance: 3500
  • Expense Landscape: 200
  • Expense Maintenance: 100
  • Expense Management: 5000
  • Expenses Total: 33800
  • Expenses Utility: 1000
  • Income Annual Gross: 87516.00
  • Income Annual Rental: 88400
  • Income Gross Scheduled: 88400
  • Meters: Separate Electric
  • Number Of Buildings: 2
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Water
  • Vacancy Factor: 1

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/25/2025 10/25/25 Price Changed $1,995,000 -9.1% $826 / Sq Ft
09/22/2025 09/22/25 Price Changed $2,195,000 -4.6% $909 / Sq Ft
09/02/2025 09/02/25 For Sale $2,300,000 -- $952 / Sq Ft
Source: MLSListings

Source: MLSListings

MLS Number: ML82019993

MLSListings

APN: 001-463-019

California Monterey County Monterey 93940 Monterey Vista

32 Via Ventura, Monterey, CA

For Sale

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Listing Agent
Steve Cardinalli
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Cardinalli Real Estate
(831) 291-5400