427 Monroe St, Monterey, CA 93940
Property image
Property image
OFF MARKET

$1,030,600

Trulia Estimate
  • 1 Bed
  • 1 Bath
  • 848 sqft

427 Monroe St, Monterey, CA 93940

Old Town
Est. Refi. Payment $6,472/mo*
Refinance Your Home

Home Value

Trulia Estimate
$1.03M
Since last month
Decreased$71K (-6.4%)
Since last year
Decreased$176K (-14.5%)
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 +78% in the last 10 years
MonthEstimated value
2026
September 2026$1.04M
August 2026$1.05M
July 2026$1.11M
June 2026$1.13M
May 2026$1.1M
April 2026$1.14M
March 2026$1.1M
February 2026$1.06M
January 2026$1.15M
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

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
233 Clay St, Monterey, CA
0.22
Multi-Family Home
$660,000
04/21/26
2
1
968
291 Watson St, Monterey, CA
0.17
Multi-Family Home
$1,737,000
04/29/26
3
4
3,346
443 Watson St, Monterey, CA
0.06
Multi-Family Home
$1,600,000
02/24/26
13
7
3,726
1113 McClellan Ave, Monterey, CA
0.68
Multi-Family Home
$1,400,000
05/13/26
6
3
2,204
456 Spencer St, Monterey, CA
0.68
Multi-Family Home
$1,390,000
08/31/26
6
4
2,576
700 David Ave, Monterey, CA
1.08
Multi-Family Home
$1,550,000
07/16/26
4
4
2,235
820 Cedar St, Pacific Grove, CA
1.80
Multi-Family Home
$1,360,000
11/14/25
2
1
1,584
301 7th St, Pacific Grove, CA
1.31
Multi-Family Home
$1,200,000
07/20/26
4
2
1,680
830 Parcel St, Monterey, CA
1.03
Multi-Family Home
$1,580,000
06/05/26
8
4
3,436
1150 8th St, Monterey, CA
1.24
Multi-Family Home
$1,650,000
05/07/26
6
5
2,244

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
541 & 539 W Franklin St, Monterey, CA 93940
0.07
$1,499,000
3
2.5
1,707
For Sale
402 Watson St #5, Monterey, CA 93940
0.05
$835,700
2
2
854
Off Market
833 Hellam St, Monterey, CA 93940
0.09
$1,025,000
3
1.5
1,357
For Sale
443 Watson St, Monterey, CA 93940
0.06
$1,600,000
13
7
3,726
Recently Sold
898 W Franklin Street, Monterey, CA 93940
0.10
$960,000
5
2
1,835
Recently Sold
901 W Franklin St, Monterey, CA 93940
0.10
$1,378,200
4
2
1,869
Off Market
338 Watson St, Monterey, CA 93940
0.11
$1,423,500
5
3.5
1,975
Off Market
343 Watson St, Monterey, CA 93940
0.12
$1,193,700
3
2
1,400
Off Market
926 Roosevelt St, Monterey, CA 93940
0.13
$1,048,000
3
2
1,532
Recently Sold
947 W Franklin St, Monterey, CA 93940
0.15
$1,200,000
6
4.5
2,063
Recently Sold
318 Clay St, Monterey, CA 93940
0.16
$795,000
2
1
994
Recently Sold
835 Johnson St, Monterey, CA 93940
0.14
$1,736,700
2
2
1,556
Off Market

Local Information

  • Map ViewExplore the area around 427 Monroe St.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Multi-Family
Built in 1966
848 sqft
$1,215/sqft
Garage

About this House

Great Location at an affordable price

This is a one bedroom, one bathroom duplex located walking distance to the DLI, MIIS and downtown Monterey. Offering tile flooring, off street parking, partially furnished and a porch out front. Sorry no pets.

Monterey Peninsula is home to Cannery Row, Fisherman's Wharf and the Monterey Bay Aquarium. Popular destinations also include Big Sur, Pebble Beach and the City of Carmel.

 Call 831-375-0984
 Cardinalli Realty and Property Management Co. Inc.
 www.cardinallirealty.com
 Lic # 01878046
427 Monroe St, Monterey, CA 93940 is a 1 bedroom, 1 bathroom, 848 sqft multi-family in Old Town, built in 1966. More recently, it was listed as a rental in July 2015 with an asking price of $1,075 per month. That rental listing was removed on August 4, 2015. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $1,030,600, with a rent estimate of $2,370/month.

Home Details for 427 Monroe St

Interior Features

Heating & Cooling
Heating: WallHeating Fuel: Wall
Levels, Entrance, & Accessibility
Stories: 1
Interior Details
Number of Rooms: 16

Property Information

Year Built
Year Built: 1966Year Updated: 1966
Property Type / Style
Property Type: Multi FamilyArchitecture: Other

Exterior Features

Parking & Garage
GarageParking: Carport, Garage

Community

Units in Building: 1

Lot Information

Lot Area: 6689 sqft

Price and Tax history

DateEventPrice
Aug 4, 2015
Source: Agent Provided
ListingRemoved
$1,075
Jul 29, 2015
Source: Agent Provided
Listed For Rent
$1,075
Jun 23, 2015
Source: Agent Provided
ListingRemoved
$1,075
Jun 17, 2015
Source: Agent Provided
Listed For Rent
$1,075
Jan 20, 2015
Source: Agent Provided
ListingRemoved
$2,050

Market trends in Monterey

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$1.09M
$9.17KMoM
Sale-to-List Price
98.9%
0.6%MoM
Price per sq ft
$702
$6MoM
Available listings
85
12MoM

Around this home

Neighborhood Overview

Old Town
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Old Town

At least 20 Trulia users voted on each feature.

  • 87 % Say it's dog friendly

  • 86 % Say car is needed

  • 86 % Say people would walk alone at night

  • 80 % Say there are sidewalks

  • 77 % Say it's walkable to restaurants

  • 71 % Say there's wildlife

  • 71 % Say it's walkable to grocery stores

  • 62 % Say there's holiday spirit

  • 57 % Say yards are well-kept

  • 55 % Say parking is easy

  • 51 % Say neighbors are friendly

  • 50 % Say streets are well-lit

  • 48 % Say it's quiet

  • 45 % Say they plan to stay for at least 5 years

  • 33 % Say kids play outside

  • 30 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "Everything is within walking distance I actually can get by without a car although I have one. My commute time is 10 minutes or less"
    0
    Flag
  • Felicia M.
    "You see dogs walking with their owners all the time. And most owners are conscientious about picking up the poop left by their dogs. Monterey is a dog-friendly community. "
    2
    Flag
  • Felicia M.
    "I see many people walk their dogs in the neighborhood. I love dogs and put up a “Pick up your puppy’s poop, please”. Most owners pick up their dog’s poop which I’m grateful for. "
    0
    Flag
  • Felicia M.
    "Large park within walking distance. Lots of people walk their dogs around El Estero Park. Also near the beach and the Recreation Trail. "
    1
    Flag
  • Mcurtinsax
    "This is Old Town Monterey. Spaghetti Hill, settled by Italian fishermen whose founding families ply their trade to this day. The Defense Language Institute above. The small downtown below. The original capital of California. Lots of history and events. Big Sur,Pinnacles, etc. This is Steinbeck country. If you can afford it, it’s great."
    6
    Flag
  • Mcurtinsax
    "My daughter lives with her husband and my ex-wife lives in Sonoma near Morton’s pool. I live in Monterey which is a beautiful area but gets crowded all summer (and much of the rest of the year) with tourists for the many events they offer. When I came out to visit, the older houses and natural areas made me decide to commit to moving out here."
    4
    Flag
  • Theresa O.
    "Close to the wharf and ocean and Monterey Bay Aquarium. Close to exceptional hike and bike trails. Multitude of cultural events —Arts."
    2
    Flag
  • Fzaidi786
    "I love Monterey. It is a beautiful beach town. Grocery n other stuff is so accessible. There is not a lot traffic. "
    0
    Flag
  • Warrenthek
    "I have lived here for several years. Walking access to downtown Monterey is excellent. Good quiet neighborhood. MIIS students love the proximity to the Institute."
    0
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 427 Monroe St

  • What is 427 Monroe St estimated to be worth?
    Trulia's estimated value for 427 Monroe St in Monterey, CA is $1,030,600.
  • Is Monterey a buyer's or seller's market?
    Monterey is currently a balanced market, based on recent for-sale activity.
  • What's the median sale price in Monterey?
    The median sale price in Monterey is $1.09M. That is down $9.17K from the prior month.
  • What do residents say about the Old Town neighborhood?
    Residents describe the Old Town neighborhood in Monterey, CA as dog-friendly, pedestrian-friendly, and walkable to restaurants. See recently sold homes in Old Town, Monterey.

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