Seller's Agent in 2025
Loren Burks
Compass
(408) 499-1860
1 in this area
36 Total Sales
461 Irving Ave Monterey, CA 93940
New Monterey Neighborhood
4
Beds
4
Baths
1,774
Sq Ft
3,999
Sq Ft Lot
Highlights
- Ocean View
- Bungalow
- 1-Story Property
- Monterey High School Rated A
- Washer and Dryer
About This Home
As of April 2025A fantastic investment opportunity to own a charming detached 2-unit duplex just blocks from Cannery Row! Originally built in 1957, this extremely well-maintained property showcases the timeless character of the 1950s. The front, single-story Unit A is 796sf and features 2 bedrooms and 1.5 baths, while the rear, upper-level Unit B is 978sf and offers 2 bedrooms and 2 full baths. Both units enjoy excellent separation and privacy, with the added convenience of a dedicated carport for parking. Unit A includes an indoor laundry area, and Unit B has an outdoor laundry closet. Enjoy ocean peeks from both units and easy access to all that Monterey has to offer - just moments away from restaurants, coffee shops, renowned golf courses, beaches, scuba diving, the Monterey Bay Aquarium, Fisherman's Wharf, and much much more!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,129
Year Built
- 1957
Lot Details
- 3,999 Sq Ft Lot
Parking
- 3 Carport Spaces
Home Design
- Duplex
- Bungalow
- Slab Foundation
- Composition Roof
Interior Spaces
- 1,774 Sq Ft Home
- 1-Story Property
- Ocean Views
- Washer and Dryer
Utilities
- Wall Furnace
- Individual Gas Meter
Listing and Financial Details
- Total Actual Rent $60,000
Community Details
Overview
- 1,774 Sq Ft Building
Building Details
- Gardener Expense $1,200
- Insurance Expense $2,500
- Maintenance Expense $1,000
- Manager Expense $2,500
- Utility Expense $10,800
- Trash Expense $600
- Operating Expense $23,800
- Gross Income $60,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 4, 2025
Closed on
Apr 18, 2025
Sold by
Fernandes Anthony R and Ferna Florence
Bought by
Tang Helen
Seller's Agent
Loren Burks
Compass
Buyer's Agent
Gregg Camp
Property In Santa Cruz
List Price
$1,299,000
Sold Price
$1,250,000
Premium/Discount to List
-$49,000
-3.77%
Views
22
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,968
Avg. Annual Appreciation
6.52%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,250,000 | Old Republic Title Company |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/23/2025 04/23/25 | Sold | $1,250,000 | -3.8% | $705 / Sq Ft |
| 04/14/2025 04/14/25 | Pending | -- | -- | -- |
| 04/04/2025 04/04/25 | For Sale | $1,299,000 | -- | $732 / Sq Ft |
Source: MLSListings
Tax History Compared to Growth
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 | $12,129 | $1,122,000 | $714,000 | $408,000 |
| 2024 | $12,129 | $1,100,000 | $700,000 | $400,000 |
| 2023 | $5,203 | $1,100,000 | $700,000 | $400,000 |
| 2022 | $5,132 | $457,425 | $261,389 | $196,036 |
| 2021 | $5,058 | $448,457 | $256,264 | $192,193 |
| 2020 | $4,869 | $443,860 | $253,637 | $190,223 |
| 2019 | $5,101 | $435,158 | $248,664 | $186,494 |
| 2018 | $4,903 | $426,627 | $243,789 | $182,838 |
| 2017 | $4,546 | $418,262 | $239,009 | $179,253 |
| 2016 | $4,466 | $410,062 | $234,323 | $175,739 |
| 2015 | $4,403 | $403,904 | $230,804 | $173,100 |
| 2014 | $4,329 | $395,993 | $226,283 | $169,710 |
Source: Public Records
Agents Affiliated with this Home
-
Loren Burks
-
Gregg Camp
Buyer's Agent in 2025
Gregg Camp
Property In Santa Cruz
(831) 818-7524
1 in this area
53 Total Sales
Map
Source: MLSListings
MLS Number: ML82001200
APN: 001-078-014-000
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