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

488 Monroe St
Monterey, CA 93940

Old Town
  • 1 Bed
  • 1 Bath
  • 604 sqft

$728,000

Trulia Estimate
as of Jul 23, 2026
Est. Refi. Payment $4,377/mo*
Refinance Your Home

$728,000

Trulia Estimate
as of Jul 23, 2026
Est. Refi. Payment $4,377/mo*
Refinance Your Home
1 Bed
1 Bath
604 sqft

Local Information

  • Map ViewExplore the area around 488 Monroe St.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Living Area
604 sqft
Price/Sqft
$1,205

Description

This is a detached cottage at the rear of the lot (there are two homes on the lot - the front home is not for lease). The home is remodeled and has one-bedroom with two nice sized closets, French doors, a washer/dryer, wood floors, and a newly remodeled kitchen. The property is in Old Monterey, and is an easy walk to downtown Monterey, the Presidio and Fisherman's Wharf.

This property is within walking distance to Downtown Monterey. NPS, The Presidio and Middlebury are all nearby.

Tenants pay for their share of water, power, sewer, and trash removal.
488 Monroe St, Monterey, CA 93940 is a 1 bedroom, 1 bathroom, 604 sqft single-family home in Old Town. More recently, it was listed as a rental in January 2021 with an asking price of $2,095 per month. That rental listing was removed on February 21, 2021. It is currently off market. The Trulia Estimate is $728,000, with a rent estimate of $2,928/month.

Home Details for 488 Monroe St

Property Information

Property Type / Style
Property Type: Single Family Home

Interior Features

Appliances & Utilities
DryerWasher
Levels, Entrance, & Accessibility
Floors: Hardwood

Exterior Features

Parking & Garage
Parking: Off Street

Price History for 488 Monroe St

DatePriceEventSource
02/21/2021ListingRemovedZillow Rental Manager
02/19/2021$1,995PriceChange
Zillow Rental Manager
01/29/2021$2,095Listed For RentZillow Rental Manager
05/07/2020$1,995ListingRemovedN/A
05/05/2020$1,995PriceChange
N/A
05/03/2020$2,195Listed For RentN/A

Market trends in Monterey

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
98
7MoM
Skip to last item
  • Results are loading
Skip to first item

Comparable Sales for 488 Monroe St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
920 Roosevelt St, Monterey, CA
0.12
Single-Family Home
$1,000,000
03/16/26
2
1
1,114
167 El Dorado St, Monterey, CA
0.60
Single-Family Home
$760,000
02/26/26
1
0.5
912
15 El Caminito Del Sur, Monterey, CA
0.27
Single-Family Home
$1,326,000
04/24/26
2
1.5
1,124
1028 W Franklin St, Monterey, CA
0.27
Single-Family Home
$1,425,000
09/10/25
2
2
1,242
518 Cortes St, Monterey, CA
0.69
Single-Family Home
$792,000
03/17/26
2
1
628
926 Roosevelt St, Monterey, CA
0.12
Single-Family Home
$1,048,000
02/25/26
3
2
1,532
957 Johnson St, Monterey, CA
0.14
Single-Family Home
$775,000
05/15/26
4
2
1,420
928 Hellam St, Monterey, CA
0.21
Single-Family Home
$1,755,000
07/16/26
3
2
2,030
118 El Dorado St, Monterey, CA
0.63
Single-Family Home
$1,087,150
08/01/25
2
1
1,327
1 El Caminito Del Sur, Monterey, CA
0.21
Single-Family Home
$1,575,000
09/23/25
3
2
2,048

Nearby homes

Get a sense of prices in the area by checking nearby homes.
Skip to last item
Skip to first item

Assigned Schools

These are the assigned schools for 488 Monroe St.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

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

Apartments for Rent

Skip to last item
Skip to first item

Explore by feature - Pet Friendly

26 pet-friendly rentals in Monterey, CA

Explore by feature - Garage

22 rentals with a garage in Monterey, CA

Explore by feature - Air Conditioning

12 rentals with air conditioning in Monterey, CA

Explore by feature - Pool

16 rentals with a pool in Monterey, CA

Explore by feature - Washer/dryer

48 rentals with a washer/dryer in Monterey, CA

Explore by feature - Outdoor Space

7 rentals with an outdoor space in Monterey, CA

Homes for sale near 488 Monroe St

Skip to last item
Skip to first item

Off Market Homes Near 488 Monroe St

Skip to last item
Skip to first item