883 Lighthouse Ave Monterey, CA 93940
New Monterey NeighborhoodEstimated payment $9,289/month
Highlights
- Very Popular Property
- Tile Countertops
- Level Lot
- Monterey High School Rated A
- Tile Flooring
About This Home
Very unique opportunity to own a freestanding mixed-use property in the heart of Monterey. This charming 1960s-era building features a ground-level commercial component with a retail storefront and hair salon, along with two residential apartments. Above the main building is a spacious two-bedroom, one-bath apartment, while the rear of the property offers a large, detached one-bedroom, one-bath apartment, providing excellent flexibility for owner-users or investors. Owned by the current seller since the 1990s, the property reflects decades of pride of ownership and character. Ideally located just a couple of blocks from the Monterey Bay Aquarium, adjacent to Starbucks, and within the heart of the revitalized Lighthouse Avenue business district, this is a rare chance to own a true piece of Monterey.
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
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Property Information © 2025 MLSListings Inc. All rights reserved. Listing information is deemed reliable but not guaranteed. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, MLSListings Inc. The viewer acknowledges ownership and validity of its copyright. Information provided is for personal, non-commercial use by a viewer with a bona fide interest in the purchase or sale of real estate of the type being offered via this website or other electronic means. The viewer is prohibited from copying, redistributing or retransmitting any of the data or information provided by MLSListing, Inc.
- 561 David Ave
- 621 Mcclellan Ave Unit Studio
- 525 Laurel Ave
- 551 Gibson Ave
- 305 19th St Unit 2
- 263 Monroe St
- 920 Hillcrest Ct
- 562 Van Buren St Unit Back
- 2875 David Ave
- 1 Overlook Place
- 1012 Pacific Grove Ln
- 811 Alameda Ave
- 1 La Playa St
- 230 Grove Acre Ave
- 37 La Playa St
- 1141 Lighthouse Ave
- 1313 Lawton Ave Unit A
- 57 Soledad Dr
- 66 Mar Vista Dr
- 201 Glenwood Cir