$1,690,000
SOLD AUG 28, 2025
6 Beds
5 Baths
3,620 Sq Ft
5,990 Sq Ft Lot

Recently Sold

$467 Per Sq Ft

6% Below List Price

10 Days on Market

Highlights

  • Ocean View
  • 2 Car Attached Garage
  • Carpet
  • Monterey High School Rated A
  • Forced Air Heating and Cooling System
  • 2-minute walk to Hoffman Park

About This Home

As of August 2025

Attention Investors, 1031 Exchanger's and Second home buyers! A rare opportunity awaits with close proximity to Monterey's Cannery Row and views of the Monterey Bay. Featuring 3 units within two separate homes on a single lot, the possibilities are endless. The first home is a 1 bedroom 1 bath single story Cottage while the main home consist of a newly remodeled 2 bedroom 1.5 baths with the other unit consisting of 3 bedrooms and 1.5 baths. All units have their own indoor laundry and both homes have a brand new roof! The main home has an attached 3 car garage with ample parking on the street. This property offers versatility and convenience. A rare find!

Last Agent to Sell the Property

Chuck Robinson

Christie's International Real Estate Sereno License #01975601 Listed on: 07/25/2025

Christie's International Real Estate Sereno

Last Buyer's Agent

Patrick Ryan

Sotheby’s International Realty License #01957809

Property Details

Home Type

  • Multi-Family

Year Built

  • 1945

Parking

  • 2 Car Attached Garage
  • On-Street Parking

Home Design

  • Triplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,620 Sq Ft Home
  • 1-Story Property
  • Ocean Views
  • Crawl Space

Flooring

  • Carpet
  • Laminate
  • Vinyl

Additional Features

  • 5,990 Sq Ft Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Total Actual Rent $56,501

Community Details

Overview

  • 3,620 Sq Ft Building

Building Details

  • 1 Leased Unit
  • Gardener Expense $1,190
  • Insurance Expense $2,368
  • Maintenance Expense $3,198
  • Manager Expense $3,924
  • Utility Expense $2,317
  • Trash Expense $832
  • Operating Expense $14,882
  • Gross Income $55,936

Property Details

Home Type

Multi-Family

Year Built

1945

Lot Details

0

Parking

2

Listing Details

  • Zoning: R-3
  • Subclass: Triplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3620
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1945

Interior Features

  • Kitchen: Appliances - Vary By Unit
  • Living Sq Ft: 3620
  • Stories: 1
  • Flooring: Carpet, Laminate, Vinyl / Linoleum

Exterior Features

  • Foundation: Concrete Perimeter, Crawl Space
  • Roof: Composition
  • View: Ocean

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 3
  • Garage Parking Features: Attached Garage, On Street

Utilities

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

Schools

  • High School: 545

Lot Info

  • Lot Acres: 0.1375
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5988.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5988.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 31.86
  • Number Of Leased: 1

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 2368
  • Expense Landscape: 1190
  • Expense Maintenance: 3198
  • Expense Management: 3924
  • Expenses Total: 14882
  • Expenses Utility: 2317
  • Expense Trash: 832
  • Income Annual Gross: 55936.00
  • Income Annual Rental: 56501
  • Income Gross Scheduled: 56501
  • Income Includes: Parking, Rents
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 2
  • Operating Expenses Include: Insurance, Maintenance - Repair, Services - Sewer, Services - Trash Removal, Utilities, Utilities - Electric, Utilities - Gas
  • Vacancy Factor: 1
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
08/28/2025 08/28/25 Sold $1,690,000 -6.1% $467 / Sq Ft
08/04/2025 08/04/25 Pending -- -- --
07/25/2025 07/25/25 For Sale $1,799,999 -- $497 / 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 $2,400 $183,312 $39,775 $143,537
2024 $2,400 $179,719 $38,996 $140,723
2023 $2,107 $176,196 $38,232 $137,964
2022 $2,080 $172,742 $37,483 $135,259
2021 $2,051 $169,356 $36,749 $132,607
2020 $1,980 $167,621 $36,373 $131,248
2019 $2,065 $164,335 $35,660 $128,675
2018 $1,991 $161,113 $34,961 $126,152
2017 $1,856 $157,955 $34,276 $123,679
2016 $1,825 $154,858 $33,604 $121,254
2015 $1,801 $152,533 $33,100 $119,433
2014 $1,773 $149,546 $32,452 $117,094
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML82012227

MLSListings

APN: 001-095-014