$1,985,000

824 Archer St Monterey, CA 93940

New Monterey Neighborhood

Estimated payment $11,962/month

5 Beds
4 Baths
2,214 Sq Ft
$897 Price per Sq Ft

Highlights

  • A-Frame Home
  • Wood Flooring
  • Coin Laundry
  • Monterey High School Rated A
  • No HOA
  • 4-minute walk to Hoffman Park

About This Home

Well-located, fully renovated triplex within walking distance to the ocean and Cannery Row. All units have been updated within the last five years, offering low deferred maintenance and strong rental appeal. The property consists on two-2 bedroom/ 1-bath units and one 1-bedroom/1-bath unit, with one of the units having some view of the ocean. On-site-coin-operated laundry provides additional income. Clean, turnkey asset in a highly desirable coastal location with consistent demand - ideal for long term hold, portfolio additions or owner-occupant investment.

Listing Agent

Shelly Sherman

Bennett Realtors License #01164605 Listed on: 12/28/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • 5,663 Sq Ft Lot

Home Design

  • Triplex
  • A-Frame Home
  • Raised Foundation
  • Frame Construction
  • Stucco

Interior Spaces

  • 2,214 Sq Ft Home
  • 2-Story Property

Kitchen

  • Gas Cooktop
  • Microwave
  • Ice Maker

Flooring

  • Wood
  • Laminate
  • Tile
  • Vinyl

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 2 Parking Spaces
  • Carport

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Wall Furnace
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 001-088-015

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Amenities

  • Coin Laundry

Building Details

  • 1 Leased Unit
  • 1 Vacant Unit
  • 1 Unit Leased Month-To-Month

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Subtype Description: Apartments
  • Property Subtype 1: Triplex
  • Stories: 2
  • Year Built: 1959
  • Architectural Style: A-Frame
  • Levels: Two
  • Stories: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Gas Cook Top, Ice Maker, Microwave
  • Flooring: Tile, Laminate, Vinyl, Wood
  • Price Per Square Foot: 896.57
  • Square Footage: 2214.00

Exterior Features

  • Construction Materials: Stucco, Frame
  • Disclosures/Documents: Disclosure Package Available
  • Foundation: Raised
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 1985000.00
  • Lot Features: Other
  • New Construction: No
  • Pool: No
  • Spa: No
  • View Description: Other

Garage/Parking

  • Covered Parking Spaces: 2.00
  • Parking Features: Carport, Varies by Unit
  • Total Parking Spaces: 2.00

Utilities

  • Security: Carbon Mon Detector, Smoke Detector
  • Sewer: Sewer in Street
  • Utilities: Other
  • Cooling: Wall Unit(s), Window Unit(s), Other
  • Heating: Wall Furnace, Other
  • Laundry Features: Coin Operated, Other
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Fee Information

  • Land Lease: No

Schools

  • Senior High School District: Monterey Peninsula Unified

Lot Info

  • Zoning: 9999
  • Irrigation: Other
  • Lot Size Acres: 0.1300
  • Lot Size Sq Ft: 5663.00

Multi Family

  • Income Includes: ["Rent Only","Other"]
  • Number of Leased Units: 1
  • Number of Month to Month Units: 1
  • Number of Units: 3
  • Number of Vacant Units: 1
  • Total Number Owner Occupied: 1

Tax Info

  • Assessor Parcel Number: 001-088-015
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Monterey

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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Average Value
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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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 $18,984 $1,750,992 $636,724 $1,114,268
2024 $18,984 $1,716,660 $624,240 $1,092,420
2023 $18,355 $1,683,000 $612,000 $1,071,000
2022 $10,701 $1,650,000 $600,000 $1,050,000
2021 $10,720 $950,000 $500,000 $450,000
2020 $4,286 $388,057 $258,708 $129,349
2019 $4,490 $380,449 $253,636 $126,813
2018 $4,316 $372,990 $248,663 $124,327
2017 $4,005 $365,678 $243,788 $121,890
2016 $3,935 $358,508 $239,008 $119,500
2015 $3,880 $353,123 $235,418 $117,705
2014 $3,815 $346,207 $230,807 $115,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/28/2025 12/28/25 For Sale $1,985,000 +20.3% $897 / Sq Ft
04/14/2022 04/14/22 Sold $1,650,000 0.0% $745 / Sq Ft View Prior Sale
02/25/2022 02/25/22 Pending -- -- --
05/13/2021 05/13/21 Off Market $1,650,000 -- --
04/13/2021 04/13/21 Price Changed $1,598,888 0.0% $722 / Sq Ft
04/06/2021 04/06/21 For Sale $1,599,000 +68.3% $722 / Sq Ft
10/22/2020 10/22/20 Sold $950,000 -5.0% $417 / Sq Ft View Prior Sale
09/06/2020 09/06/20 Pending -- -- --
09/01/2020 09/01/20 For Sale $1,000,000 -- $439 / Sq Ft
Source: MetroList

Source: MetroList

MLS Number: 225152630

MetroList

APN: 001-088-015

California Monterey County Monterey 93940 New Monterey

824 Archer St, Monterey, CA

For Sale

MultiFamily

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Shelly Sherman
Listing Agent
Shelly Sherman
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Bennett Realtors
(831) 218-7542