$1,816,800
- 5 Beds
- 5 Baths
- 2,145 sqft
1221 5th St, Monterey, CA 93940
Est. Refi. Payment $11,128/mo*
Refinance Your HomeCurrently Off Market - Sold Aug 15, 2024 for $1,500,000
Home Value
Trulia Estimate
$1.82MSince last month
Increased$36K (+2%)Since last year
Increased$343K (+23.2%)Since last sale
Increased$319K (+21.3%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +3% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $1.82M |
| August 2026 | $1.82M |
| July 2026 | $1.78M |
| June 2026 | $1.8M |
| May 2026 | $1.77M |
| April 2026 | $1.77M |
| March 2026 | $1.63M |
| February 2026 | $1.56M |
| January 2026 | $1.54M |
2025 | |
2024 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.19 | Multi-Family Home | $1,650,000 | 05/07/26 | 6 | 5 | 2,244 | |
0.36 | Multi-Family Home | $3,550,000 | 03/12/26 | 3 | 3 | 6,220 | |
1.16 | Multi-Family Home | $1,737,000 | 04/29/26 | 3 | 4 | 3,346 | |
1.16 | Multi-Family Home | $1,600,000 | 02/24/26 | 13 | 7 | 3,726 | |
1.60 | Multi-Family Home | $900,000 | 10/06/25 | 5 | 3 | 1,873 | |
1.80 | Multi-Family Home | $1,400,000 | 05/13/26 | 6 | 3 | 2,204 | |
1.65 | Multi-Family Home | $1,390,000 | 10/27/25 | 8 | 4 | 3,516 | |
2.05 | Multi-Family Home | $1,550,000 | 07/16/26 | 4 | 4 | 2,235 | |
1.67 | Multi-Family Home | $1,925,000 | 06/16/26 | 4 | 2 | 5,184 | |
2.18 | Multi-Family Home | $1,580,000 | 06/05/26 | 8 | 4 | 3,436 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.06 | $1,155,000 | 3 | 1.5 | 1,377 | Recently Sold | |
0.04 | $1,945,000 | Studio | - | 2,300 | For Sale | |
0.05 | $849,000 | 2 | 2 | 1,178 | Recently Sold | |
0.10 | $872,300 | 3 | 2 | 1,292 | Off Market | |
0.09 | $927,000 | 4 | 2 | 1,974 | Recently Sold | |
0.08 | $1,078,300 | 3 | 2 | 1,270 | Off Market | |
0.13 | $1,504,300 | 3 | 1.5 | 1,860 | Off Market | |
0.11 | $1,213,700 | 3 | 2.5 | 1,559 | Off Market | |
0.12 | $1,199,200 | 3 | 2 | 1,250 | Off Market | |
0.12 | $1,875,600 | 3 | 2.5 | 2,615 | Off Market | |
0.12 | $1,465,500 | 4 | 3 | 1,828 | Off Market |
Local Information
-- mins to
Home Highlights
Multi-Family
Built in 1965
2,145 sqft
$847/sqft
Garage
About this House
Great investment opportunity to own a a tri-plex in a highly desirable rental area. Blessed with a great location that is close to NPS and downtown vacancies do not last long. Each unit has it's own garage. All apartments have washer dryer hookups and are on separate water meters. This property has been maintained well and will provide steady income.
1221 5th St, Monterey, CA 93940 is a 5 bedroom, 5 bathroom, 2,145 sqft multi-family in Oak Grove, built in 1965. It last sold for $1,500,000 on Aug 15, 2024 (12% below the $1,695,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $1,816,800, with a rent estimate of $3,708/month.
Last check for updates: about 7 hours ago
Listed by Geary Engles 00874135, (831) 596-7618
First City Real Estate, Inc., (831) 649-2533
Bought with: Michael Singh 01840098, (831) 261-1801, Singh Real Estate, (831) 261-1801
Source: MLSListings Inc, MLS#ML81969647

Home Details for 1221 5th St
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Beds & Baths Number of Bedrooms: 5Number of Bathrooms: 5 |
Dimensions and Layout Living Area: 2145 Square Feet |
Appliances & Utilities Utilities: Individual Electric Meters, Individual Gas MetersLaundry: Hookups Only |
Heating & Cooling Heating: Central Forced Air GasNo CoolingAir Conditioning: NoneHeating Fuel: Central Forced Air Gas |
Gas & Electric Gas: IndividualGasMeters |
Windows, Doors, Floors & Walls Door: NoneFlooring: Carpet, Laminate, Slate, Tile, Vinyl Linoleum |
Levels, Entrance, & Accessibility Accessibility: NoneFloors: Carpet, Laminate, Slate, Tile, Vinyl Linoleum |
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Exterior Home Features Roof: CompositionFoundation: Concrete Perimeter |
Parking & Garage Number of Garage Spaces: 3Number of Covered Spaces: 3Has a CarportHas a GarageParking Spaces: 3Parking: Attached,Common |
Water & Sewer Sewer: Public Sewer |
Farm & Range Not Allowed to Raise Horses |
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Year Built Year Built: 1965 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Triplex, Residential Income |
Property Information Included in Sale: NoneParcel Number: 001839013000 |
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Price List Price: $1,695,000 |
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MLS Status: Sold |
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Direction & Address City: Monterey |
School Information Elementary School District: MontereyPeninsulaUnifiedHigh School District: MontereyPeninsulaUnifiedWalk Score: 76 |
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Building Area Building Area: 2145 |
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Lot Area: 5991 sqft |
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Special Conditions: Standard |
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Listing Agreement Type: ExclusiveRightToSell |
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Mls Number: ML81969647 |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Aug 15, 2024 Source: MLSListings Inc #ML81969647 | Sold | $1,500,000 |
Jul 29, 2024 Source: MLSListings Inc #ML81969647 | Pending | $1,695,000 |
Jul 2, 2024 Source: MLSListings Inc #ML81969647 | Contingent | $1,695,000 |
Jun 14, 2024 Source: MLSListings Inc #ML81969647 | Listed For Sale | $1,695,000 |
Mar 31, 1997 Source: N/A | Sold | $169,500 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2026 | Unavailable | $1,530,000 |
Home facts updated by county records
Market trends in Monterey
Last updated July 2026
Avg. sale price
$1.1M
Sale-to-List Price
98.3%
Price per sq ft
$707
Available listings
97
1MoM
Around this home
What Locals Say about Oak Grove
At least 15 Trulia users voted on each feature.
88 % Say there are sidewalks
86 % Say people would walk alone at night
81 % Say it's dog friendly
80 % Say there's wildlife
75 % Say it's walkable to restaurants
75 % Say yards are well-kept
69 % Say there's holiday spirit
69 % Say streets are well-lit
67 % Say it's walkable to grocery stores
55 % Say it's quiet
55 % Say parking is easy
51 % Say neighbors are friendly
50 % Say car is needed
50 % Say kids play outside
45 % Say they plan to stay for at least 5 years
38 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections

Based on information from the MLSListings MLS as of 2026-09-07 14:08:17 PDT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Frequently asked questions about 1221 5th St
- What is 1221 5th St estimated to be worth?Trulia's estimated value for 1221 5th St in Monterey, CA is $1,816,800.
- What is the price history for 1221 5th St?1221 5th St in Monterey, CA last sold for $1,500,000 in August 2024.
- Is Monterey a buyer's or seller's market?Monterey is currently a seller's market, based on recent for-sale activity.
- What's the median sale price in Monterey?The median sale price in Monterey is $1.1M.
- Does 1221 5th St have laundry facilities?Yes, 1221 5th St in Monterey, CA has laundry facilities.

