700 David Ave, Monterey, CA 93940
FOR SALE

700 David Ave
Monterey, CA 93940

New Monterey
  • 4 Beds
  • 4 Baths
  • 2,235 sqft

$1,600,000

Est. Mortgage $9,457/mo*
Get Pre-Qualified

$1,600,000

Est. Mortgage $9,457/mo*
Get Pre-Qualified
4 Beds
4 Baths
2,235 sqft

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

Description

Ideally located on a large corner lot just blocks from the bay, Cannery Row, Monterey Bay Aquarium, restaurants, shopping, the scenic recreation trail, public transportation and more. Built by the current owner's family in 1987, this is the first time this property has been on the market. The foundation of the building is a reinforced concrete carport with 5+ parking spaces and storage for each unit. The apartments are on the second level, taking advantage of the bay views. This fully occupied fourplex has a strong rental history making it an excellent investment and key asset for your portfolio.

Home Highlights

Parking
5 Carport Spaces
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
$716
Listed
43 days ago

Home Details for 700 David Ave

Interior Features

Interior Details
Number of Rooms: 1Types of Rooms: Kitchen
Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 4
Dimensions and Layout
Living Area: 2235 Square Feet
Appliances & Utilities
Utilities: Public Utilities, Water Public, Individual Electric Meters, Individual Gas MetersAppliances: Electric Cooktop, Dishwasher, Disposal, Electric Oven, Refrigerator, Washer/DryerDishwasherDisposalRefrigerator
Heating & Cooling
Heating: ElectricAir Conditioning: NoneHeating Fuel: Electric
Gas & Electric
Gas: IndividualGasMeters, PublicUtilities
Windows, Doors, Floors & Walls
Door: NoneFlooring: Carpet, Vinyl Linoleum
Levels, Entrance, & Accessibility
Stories: 2Accessibility: NoneFloors: Carpet, Vinyl Linoleum
View
View: Bay, City Lights, Hills, Mountain(s), Ocean

Exterior Features

Exterior Home Features
Roof: CompositionFoundation: Slab, Reinforced Concrete
Parking & Garage
Number of Carport Spaces: 5Number of Covered Spaces: 5Has a CarportNo GarageParking Spaces: 5Parking: Assigned,Carport,Enclosed,Guest,Off Site,Off Street
Water & Sewer
Sewer: Public Sewer
Farm & Range
Not Allowed to Raise Horses

Days on Market

Days on Market: 43

Property Information

Year Built
Year Built: 1987
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Quadruplex, Residential IncomeArchitecture: Contemporary
Building
Construction Materials: Concrete
Property Information
Included in Sale: Building, DishwasherAllUnits, OvenRangeAllUnitsParcel Number: 001087005000

Price & Status

Price
List Price: $1,600,000Price Per Sqft: $716

Active Status

MLS Status: Active

Location

Direction & Address
City: Monterey
School Information
Elementary School District: MontereyPeninsulaUnifiedHigh School District: MontereyPeninsulaUnifiedWalk Score: 89

Agent Information

Listing Agent
Listing ID: ML82043619

Building

Building Area
Building Area: 2235

Lot Information

Lot Area: 6098 sqft

Listing Info

Special Conditions: Standard

Offer

Listing Agreement Type: ExclusiveRightToSell

Rental Terms, Policies & Fees

Lease Term: Month To Month

Miscellaneous

Mls Number: ML82043619Water ViewWater View: Bay, Ocean
Last check for updates: about 18 hours ago
Listing courtesy of Jeannie Ferrara 01464647, (831) 236-1111
Coldwell Banker Realty, (831) 626-2222
Joanne Garden 00978911, (831) 595-2355
Coldwell Banker Realty, (831) 626-2222
Source: MLSListings Inc, MLS#ML82043619
Also Listed on bridgeMLS/CCAR/Bay East AOR, MLSListings Inc.

Price History for 700 David Ave

DatePriceEventSource
05/18/2026$1,600,000PendingToActiveMLSListings Inc #ML82043619
04/29/2026$1,600,000ContingentMLSListings Inc #ML82043619
04/18/2026$1,600,000Listed For SaleMLSListings Inc #ML82043619

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Property Tax and Assessment

Year2025
Tax$4,174
Assessment$304,990
Home facts updated by county records

Comparable Sales for 700 David Ave

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
116 Evans Ave, Pacific Grove, CA
0.21
Multi-Family Home
$2,200,000
07/14/25
6
3
2,919
1113 McClellan Ave, Monterey, CA
0.46
Multi-Family Home
$1,400,000
05/13/26
6
3
2,204
620-624 McClellan Ave, Monterey, CA
0.45
Multi-Family Home
$1,690,000
08/28/25
6
5
3,620
609 Congress Ave, Pacific Grove, CA
0.81
Multi-Family Home
$1,285,000
02/03/26
6
2
2,004
813 Ocean View Blvd, Pacific Grove, CA
1.14
Multi-Family Home
$2,915,000
06/18/25
5
4
2,450
206 Cypress Ave, Pacific Grove, CA
0.89
Multi-Family Home
$1,500,000
03/17/26
5
2
3,000
Forest Pacificgrove, Pacific Grove, CA
1.01
Multi-Family Home
$3,700,000
08/11/25
3
2
7,234

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 700 David Ave.
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

New Monterey
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about New Monterey

At least 44 Trulia users voted on each feature.

  • 96 % Say there are sidewalks

  • 92 % Say it's walkable to restaurants

  • 89 % Say it's dog friendly

  • 83 % Say there's wildlife

  • 79 % Say people would walk alone at night

  • 74 % Say there's holiday spirit

  • 69 % Say yards are well-kept

  • 67 % Say it's walkable to grocery stores

  • 64 % Say parking is easy

  • 63 % Say car is needed

  • 62 % Say streets are well-lit

  • 55 % Say they plan to stay for at least 5 years

  • 50 % Say neighbors are friendly

  • 44 % Say it's quiet

  • 40 % Say kids play outside

  • 26 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Chriscolandene
    "Lots goes on near Fishermen’s wharf. Card shows, international festivals, whale week, taste of Monterey, decorations on the wharf and elsewhere."
    0
    Flag
  • Trulia User
    "eveything is special and I love Monterey and we love people so much and the pizza places are great "
    0
    Flag
  • Trulia User
    "Friendly for pet owners Especially dog owners Lots of places to take your pet to walk Beaches dunes forests "
    0
    Flag
  • Trulia User
    "Clean and quiet! Close to shops, and tourist destinations. Right on the sun belt border. Mild weather all year round."
    2
    Flag
  • Trulia User
    "Not a lot of off leash options for dog owners in the area. Closest option is a dog friendly beach that is a drive away."
    0
    Flag
  • Brian Y.
    "Many playgrounds in the area! This would be a great place to raise kids. The sidewalks are well maintained too. "
    0
    Flag
  • Sharon F.
    "Seems like there’s always something going on around here. Me I’m more of an outdoors type I’m just happy kayaking around the bay"
    7
    Flag
  • Sharon F.
    "Traffic can be an absolute nightmare especially during summer tourist season. The blessing is that everything is so super close 90% of my life is within 4 miles and half the time I’m looking at the Monterey Bay it’s all breathtakingly beautiful"
    7
    Flag
  • Pegasuslady4
    "I really like New Monterey,there is plenty to do,the walking p ath provides opportunities for ample exercise. Cars fly down the wider streets especially if there are fewer stop signs "
    1
    Flag
  • Kimosabe W.
    "It is quiet and has beautiful sky views of the sunrise and sunset, beautiful moon rise, views of the bay, occasional rainbow, beautiful mature trees, woodpeckers and blue jays, great access to the coastal trail"
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  • Jaylyn D.
    "There are no sidewalks , so it’s hard to walk a dog in the neighborhood! There is a chill nearby with a dog friendly portion, good for fetch and play time with other dogs. "
    8
    Flag
  • Curtiswright
    "I’ve lived here for 15 years. Its convenient to all my needs. Shopping, food, entertainment. It’s a family, friendly neighborhood. There’s no where else I’d like to live. It’s the perfect community. "
    0
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  • clockfan
    "Spectacular scenery. Lots of hiking, biking,surfing is near by. Minutes to Big Sur and Pacific Coast. Moderate weather, not too hot, nor too cold. Wine tasting, Golf, shopping, outdoor activities."
    1
    Flag
  • clockfan
    "The beauty of the area, the ocean, Pebble Beach, Carmel, Big Sur are all here. Many activities here. Weather is never too hot. Lots of golf, hiking, college (CSUMB). Monterey Aquarium. Great foodie town! Lots of great wineries close by. Housing prices can get very expensive, though. Tourism can bring a lot of traffic."
    1
    Flag

LGBTQ Local Legal Protections

Jeannie Ferrara, Coldwell Banker Realty, (831) 626-2222
Agent Phone: (831) 236-1111
Based on information from the MLSListings MLS as of 2026-05-31 10:45:43 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.
700 David Ave, Monterey, CA 93940 is a 4 bedroom, 4 bathroom, 2,235 sqft multi-family built in 1987. 700 David Ave is located in New Monterey, Monterey. This property is currently available for sale and was listed by MLSListings Inc on Apr 18, 2026. The MLS # for this home is MLS# ML82043619.