830 Parcel St Monterey, CA 93940
New Monterey NeighborhoodEstimated payment $10,265/month
About This Home
Discover an incredible investment opportunity with this amazing 4-plex in sought-after New Monterey! Featuring plans for an additional 2-bed accessory dwelling unit, this property offers immense potential. Each unit is a spacious 2-story townhouse with tasteful upgrades, ensuring comfortable and modern living. Perfectly situated near Cannery Row, Pacific Grove, and the Taylor Street gate to the DLI, the location is ideal for attracting renters. Enjoy a fantastic rent roll with room for growth in this prime spot above the iconic Monterey Bay. Just minutes from downtown Monterey, Cannery Row, and Downtown Pacific Grove, this property combines convenience and charm in one of the most desirable areas. Don't miss out on this unique investment in a truly unbeatable location!
Property Details
Home Type
- Multi-Family
Year Built
- 1969
Home Design
- Quadruplex
- Wood Shingle Roof
- Concrete Perimeter Foundation
Interior Spaces
- 3,436 Sq Ft Home
- 2-Story Property
Parking
- 2 Parking Spaces
- 4 Carport Spaces
Additional Features
- 5,001 Sq Ft Lot
- Wall Furnace
Listing and Financial Details
Community Details
Overview
Building Details
- 3 Leased Units
- Insurance Expense $2,342
- Maintenance Expense $175
- Manager Expense $3,880
- Utility Expense $2,952
- Trash Expense $1,790
- Operating Expense $31,139
- Gross Income $109,427
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 | $18,507 | $1,704,932 | $689,785 | $1,015,147 |
| 2024 | $18,507 | $1,664,640 | $676,260 | $988,380 |
| 2023 | $17,926 | $1,632,000 | $663,000 | $969,000 |
| 2022 | $17,681 | $1,600,000 | $650,000 | $950,000 |
| 2021 | $10,350 | $1,600,000 | $650,000 | $950,000 |
| 2020 | $9,963 | $918,481 | $337,793 | $580,688 |
| 2019 | $10,451 | $900,610 | $331,170 | $569,440 |
| 2018 | $10,039 | $883,089 | $324,677 | $558,412 |
| 2017 | $9,304 | $865,911 | $318,311 | $547,600 |
| 2016 | $9,141 | $849,070 | $312,070 | $537,000 |
| 2015 | $9,012 | $836,422 | $307,383 | $529,039 |
| 2014 | $8,857 | $820,175 | $301,362 | $518,813 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/20/2026 01/20/26 | Price Changed | $1,695,000 | -3.1% | $493 / Sq Ft | |
| 12/01/2025 12/01/25 | For Sale | $1,750,000 | +9.4% | $509 / Sq Ft | |
| 12/05/2021 12/05/21 | Sold | $1,600,000 | 0.0% | $466 / Sq Ft | View Prior Sale |
| 12/05/2021 12/05/21 | Pending | -- | -- | -- | |
| 12/05/2021 12/05/21 | For Sale | $1,600,000 | -- | $466 / Sq Ft |
Source: MLSListings
MLS Number: ML82028479
APN: 001-179-035
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