883 Lighthouse Ave Monterey, CA 93940
New Monterey NeighborhoodHighlights
- Tile Countertops
- Tile Flooring
- Level Lot
- Monterey High School Rated A
About This Home
Rare opportunity to own a 4-unit mixed-use commercial and residential property in the heart of Monterey, just blocks from the Monterey Bay Aquarium, Cannery Row, and the waterfront. Two street-facing commercial units front busy Lighthouse Avenue, offering excellent visibility and foot traffic. The property also includes two residential units: a 2BD/1BA apartment above the commercial spaces with deck and off-street parking, and a detached 1BD/1BA apartment at the rear of the lot. Ideal for investors or owner-users seeking diversified income in a premier Monterey location.
Listing Agent
KW Coastal Estates License #70000352 Listed on: 01/27/2026
Property Details
Home Type
- Multi-Family
Year Built
- 1966
Home Design
- Duplex
- Composition Roof
- Fiberglass Roof
- Concrete Perimeter Foundation
Interior Spaces
- 2,633 Sq Ft Home
- 2-Story Property
Kitchen
- Gas Cooktop
- Tile Countertops
Flooring
- Laminate
- Tile
- Vinyl
Parking
- 4 Parking Spaces
- No Garage
- Covered Parking
- On-Street Parking
- Off-Street Parking
Additional Features
- Level Lot
- Wall Furnace
Community Details
Overview
- 2,633 Sq Ft Building
Building Details
- 4 Leased Units
- Gardener Expense $3,200
- Insurance Expense $3,000
- Maintenance Expense $1,000
- Other Expense $1,000
- Operating Expense $14,200
- Gross Income $84,600
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/27/2026 01/27/26 | For Sale | $1,500,000 | -- | $570 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | -- |
Source: MLSListings
MLS Number: ML82032663
APN: 001-074-002-000
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Ask me questions while you tour the home.