824 Archer St Monterey, CA 93940
New Monterey NeighborhoodEstimated payment $12,106/month
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.
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
Map
Home Values in the Area
Average Home Value in this Area
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 |
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
MLS Number: 225152630
APN: 001-088-015
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