504 Ocean Ave #2, Monterey, CA 93940
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Property image
UNDER CONTRACT

504 Ocean Ave #2
Monterey, CA 93940

Oak Grove
  • 2 Beds
  • 2 Baths
  • 1,178 sqft

$849,000

Est. Mortgage $5,592/mo*

$849,000

Est. Mortgage $5,592/mo*
2 Beds
2 Baths
1,178 sqft

Local Information

  • Map ViewExplore the area around 504 Ocean Ave #2.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Description

New, new, new! Complete upscale remodel, truly turnkey. 2 beds, 2 baths.
Must purchase with lease. Great investment! Has just been leased for 18 months at $4200- monthly June 20-December 2027. New condo roof in 2024, new kitchen with quartz island, new appliances, new baths, luxury vinyl flooring throughout, new water heater, air conditioner, drywall, insulation, plumbing, electrical, paint, fireplace with birch log insert, freshly sealed windows, in unit washer-dryer, lots of storage. Siding and decks scheduled for repair this summer.
One block to NPS, five blocks to the beach, wharf, MPC and town. Excellent rental income.
10x10 locked storage room, 2 spaces in garage, and 2 street permits.

Home Highlights

Parking
Garage
Outdoor
Patio, Deck
A/C
Heating only
HOA
$450/Monthly
Price/Sqft
$721
Listed
156 days ago

Home Details for 504 Ocean Ave #2

Interior Features

Interior Details
Number of Rooms: 4Types of Rooms: Bathroom, Dining Room, Family Room, Kitchen
Beds & Baths
Number of Bedrooms: 2Number of Bathrooms: 2Number of Bathrooms (full): 2
Dimensions and Layout
Living Area: 1178 Square Feet
Appliances & Utilities
Utilities: Public UtilitiesTelephone: AudioVideoPrewiredAppliances: Electric Oven/Range, Refrigerator, Washer/DryerLaundry: InsideRefrigerator
Heating & Cooling
Heating: Central Forced AirNo CoolingAir Conditioning: NoneHeating Fuel: Central Forced Air
Fireplace & Spa
Number of Fireplaces: 1Fireplace: Living Room
Gas & Electric
Gas: PublicUtilities
Windows, Doors, Floors & Walls
Flooring: Vinyl Linoleum
Levels, Entrance, & Accessibility
Stories: 2Floors: Vinyl Linoleum
View
View: Mountain(s)

Exterior Features

Exterior Home Features
Roof: Tar GravelPatio / Porch: Balcony/Patio, DeckFencing: NoneOther Structures: StorageFacilityFoundation: Pillar/Post/Pier
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageParking Spaces: 2Parking: Assigned
Water & Sewer
Sewer: Public Sewer
Farm & Range
Not Allowed to Raise Horses

Days on Market

Days on Market: 156

Property Information

Year Built
Year Built: 1981
Property Type / Style
Property Type: ResidentialProperty Subtype: Condominium, ResidentialArchitecture: Traditional
Building
Not a New Construction
Property Information
Parcel Number: 001842017000

Price & Status

Price
List Price: $849,000Price Per Sqft: $721

Active Status

MLS Status: Contingent

Location

Direction & Address
City: Monterey
School Information
Elementary School District: MontereyPeninsulaUnifiedHigh School District: MontereyPeninsulaUnifiedWalk Score: 73

Agent Information

Listing Agent
Listing ID: ML82029355

Building

Building Area
Building Area: 1178

HOA

Has an HOAHOA Fee: $450/Monthly

Lot Information

Lot Area: 9804 sqft

Listing Info

Special Conditions: Standard

Offer

Listing Agreement Type: ExclusiveRightToSellListing Terms: CashorConventionalLoan

Miscellaneous

Mls Number: ML82029355Projected Close Date: Mon Aug 03 2026Zillow Contingency Status: Under Contract
Last check for updates: about 6 hours ago
Listing courtesy of Kirsten Tarman 01388595, (831) 333-6995
Sotheby’s International Realty, (831) 624-1566
Source: MLSListings Inc, MLS#ML82029355

Market trends in Monterey

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
91
13
MoM

Price History for 504 Ocean Ave #2

DatePriceEventSource
07/05/2026$849,000ContingentMLSListings Inc #ML82029355
04/19/2026$849,000PriceChange
MLSListings Inc #ML82029355
02/04/2026$899,000Listed For SaleMLSListings Inc #ML82029355
09/15/2023$835,000Sold
MLSListings Inc #ML81937471
09/04/2023$849,900PendingMLSListings Inc #ML81937471
08/30/2023$849,900PendingToActiveMLSListings Inc #ML81937471
08/16/2023$849,900PendingMLSListings Inc #ML81937471
08/07/2023$849,900Listed For SaleMLSListings Inc #ML81937471
01/28/2021$675,000Sold
N/A
01/05/2021$649,000ContingentMLSListings Inc #ML81820588
11/29/2020$649,000PendingAgent Provided
11/21/2020$649,000Listed For SaleAgent Provided
06/25/2018$565,000Sold
N/A
05/18/2018$565,000PendingAgent Provided
05/11/2018$565,000Listed For SaleAgent Provided
01/09/1998$195,000Sold
N/A

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Property Tax and Assessment

Year2025
Tax$9,845
Assessment$851,700
Home facts updated by county records

Comparable Sales for 504 Ocean Ave #2

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.33
Condo
$1,625,000
02/17/26
2
2.5
1,156
0.89
Condo
$699,000
05/06/26
2
2
1,116
0.80
Condo
$680,000
12/10/25
2
2
961
0.76
Condo
$730,000
03/09/26
2
2
1,116
0.78
Condo
$605,000
04/27/26
2
2
855
0.95
Condo
$675,000
04/07/26
2
2
981
0.93
Condo
$1,097,675
10/22/25
2
2
1,214
0.97
Condo
$1,212,000
07/23/25
2
2
1,125
0.78
Condo
$537,500
11/19/25
2
2
855

Nearby homes

Get a sense of prices in the area by checking nearby homes.
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Assigned Schools

These are the assigned schools for 504 Ocean Ave #2.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Neighborhood stats provided by third party data sources.

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.
  • Camille Torres
    "It’s across from the park, walk trail by the beach a nice walk for dogs and lovers. A lot of dog owners lives around the neighborhood "
  • Dani
    "Very walkable. Close to Del Monte Beach, Gas Stations, Schools, Freeway and Grocery Stores. Quite area. "
  • Becky B.
    "Great places to walk. However, many people disregard parking laws and leave their vehicles in more than half of the sidewalk attached to their driveway which you can be fined for but apparently the city doesn’t care."
  • Cyn2007
    "Cars sometimes drive to fast and miss stop signs. Always accompany your children, no place in America is totally safe, people who don’t live here can easily cruse the neighborhood and not be noticed. "
  • Leena O.
    "Great location, walking distance to beach and rec trail. Close to town and shopping, with easy access to highway."
  • Duane
    "These townhouses are ideal as a vacation home. Monterey has so many events each year, one is never want for something to do. The compound is gated and common area is beautifully kept. Whales, seal, and dolphins frolic just off the beach in my back yard."

LGBTQ Local Legal Protections

Kirsten Tarman, Sotheby’s International Realty, (831) 624-1566
Agent Phone: (831) 333-6995
Based on information from the MLSListings MLS as of 2026-07-10 10:12:44 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.
504 Ocean Ave #2, Monterey, CA 93940 is a 2 bedroom, 2 bathroom, 1,178 sqft condo built in 1981. 504 Ocean Ave #2 is located in Oak Grove, Monterey. This property is currently available for sale and was listed by MLSListings Inc on Feb 4, 2026. The MLS # for this home is MLS# ML82029355.