$1,945,000

Estimated payment $11,569/month

Total Views 19,100
Studio
-- Bath
2,300 Sq Ft
$846 Price per Sq Ft

Highlights

  • 1 Car Attached Garage
  • Monterey High School Rated A
  • Forced Air Heating System

About This Home

This home is located at 387 Ocean Ave, Monterey, CA 93940 and is currently priced at $1,945,000, approximately $845 per square foot. This property was built in 1910. 387 Ocean Ave is a home located in Monterey County with nearby schools including Monte Vista Elementary School, Monte Vista Middle School, and Monterey High School.

Listing Agent

Nelson Vega

Vega Investments Inc License #00878399 Listed on: 06/16/2026

Property Details

Home Type

  • Multi-Family

Year Built

  • 1910

Parking

  • 1 Car Attached Garage
  • On-Street Parking

Home Design

  • Duplex
  • Slab Foundation
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 2,300 Sq Ft Home
  • 2-Story Property

Utilities

  • Forced Air Heating System

Community Details

Overview

Building Details

  • 2 Leased Units
  • Operating Expense $10,667

Property Details

Home Type

Multi-Family

Year Built

1910

Lot Details

0.92 Acres

Parking

1

Listing Details

  • Zoning: R-3
  • Subclass: Duplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2300
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1910

Interior Features

  • Living Sq Ft: 2300
  • Stories: 2

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 1
  • Garage Parking Features: Attached Garage, Common Parking Area, On Street

Utilities

  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer Connected

Lot Info

  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 4000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 4000.00

Rental Info

  • Existing Lease Term(s): Less Than 1 Yr
  • Number Of Leased: 2

Multi Family

  • Utilities: Natural Gas, Public Utilities
  • Expenses Total: 10667
  • Income Includes: Rents
  • Meters: Master Electric, Master Gas, Master Water
  • Number Of Buildings: 1
  • Tenant Expenses: Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Hot Water, Utilities - Water

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
2025 $10,667 $909,936 $522,712 $387,224
2024 $9,849 $892,095 $512,463 $379,632
2023 $9,600 $874,604 $502,415 $372,189
2022 $9,469 $857,456 $492,564 $364,892
2021 $9,332 $840,644 $482,906 $357,738
2020 $8,981 $832,025 $477,955 $354,070
2019 $9,430 $815,712 $468,584 $347,128
2018 $8,173 $719,719 $459,397 $260,322
2017 $7,558 $705,608 $450,390 $255,218
2016 $7,424 $691,773 $441,559 $250,214
2015 $7,319 $681,383 $434,927 $246,456
2014 $7,194 $668,037 $426,408 $241,629
Source: Public Records

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
06/16/2026 06/16/26 For Sale $1,945,000 -- $846 / Sq Ft
Source: MLSListings

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
Grant Deed -- Stewart Title
Grant Deed -- Stewart Title
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

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
Open $200,000 No Value Available
Closed $90,000 Commercial
Closed $307,000 Commercial
Source: Public Records

Source: MLSListings

MLS Number: ML82051226

MLSListings

APN: 001-834-017-000

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