Address Not Disclosed, Monterey, CA 93940
Property image
Property image
FOR SALE
NEW - 2 DAYS AGO

$1,500,000

  • 2 Beds
  • 3 Baths
  • 2,681 sqft

Address Not Disclosed, Monterey, CA 93940

Est. Mortgage $9,177/mo*
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Home Highlights

Multi-Family
Built in 1955
$559/sqft
Carport

Local Information

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

About this House

.Excellent investment opportunity in a centrally located Monterey neighborhood! This five-unit- apartment property is conveniently situated on Ramona Avenue, just off Fremont Street, with easy access to shopping, dining, transportation, and all that the Monterey Peninsula has to offer.

All five units are approximately the same size and are currently occupied. Each unit was updated in 2018 each unit is 1 bd with 1 bath, fresh interior paint, remodeled kitchens, and updated flooring. The property also offers plenty of on-site parking for residents.

A wonderful opportunity to own a fully occupied five-unit investment property in a desirable and convenient Monterey location.
Last check for updates: about 7 hours ago
Listing courtesy of Vanessa Haven 02030427, (831) 200-6633
Redfin, (877) 973-3346
Source: MLSListings Inc, MLS#ML82058850
Also Listed on MLSListings Inc.

Home Details

Interior Features

Beds & Baths
Number of Bedrooms: 2Number of Bathrooms: 3
Dimensions and Layout
Living Area: 2681 Square Feet
Appliances & Utilities
Laundry: None
Heating & Cooling
Heating: Central Forced AirNo CoolingAir Conditioning: NoneHeating Fuel: Central Forced Air
Gas & Electric
Gas: IndividualGasMeters
Windows, Doors, Floors & Walls
Flooring: Carpet, Laminate, Tile
Levels, Entrance, & Accessibility
Accessibility: ParkingFloors: Carpet, Laminate, Tile

Exterior Features

Exterior Home Features
Roof: ShingleFoundation: Slab
Parking & Garage
Has a CarportNo GarageParking Spaces: 1Parking: Guest,Parking Area,Exclusive Parking,Oversized
Water & Sewer
Sewer: Public Sewer

Days on Market

Days on Market: 2

Property Information

Year Built
Year Built: 1955
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Five Or More Units, Residential Income
Property Information
Included in Sale: OvenRangeAllUnitsParcel Number: 013134033000

Price & Status

Price
List Price: $1,500,000Price Per Sqft: $559

Location

Direction & Address
City: Monterey
School Information
Elementary School District: MontereyPeninsulaUnifiedHigh School District: MontereyPeninsulaUnified

Agent Information

Listing Agent
Listing ID: ML82058850

Building

Building Area
Building Area: 2681

Community

Units in Building: 1

Lot Information

Lot Area: 6050 sqft

Listing Info

Special Conditions: Standard

Offer

Listing Agreement Type: ExclusiveRightToSell

Miscellaneous

Mls Number: ML82058850

What Locals Say about Monterey

At least 260 Trulia users voted on each feature.
  • 88 % Say it's dog friendly

  • 78 % Say there are sidewalks

  • 77 % Say car is needed

  • 72 % Say there's wildlife

  • 70 % Say people would walk alone at night

  • 68 % Say it's walkable to restaurants

  • 67 % Say there's holiday spirit

  • 65 % Say yards are well-kept

  • 62 % Say it's walkable to grocery stores

  • 61 % Say parking is easy

  • 59 % Say it's quiet

  • 56 % Say streets are well-lit

  • 51 % Say neighbors are friendly

  • 49 % Say they plan to stay for at least 5 years

  • 44 % Say kids play outside

  • 33 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Anne-Marie Sircello
    "people seem to have dogs here. Most landlords don’t allow renters to have dogs though so unless you’re planning on buying your house, it’s kinda tough to have a dog."
  • 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 "
  • Trulia User
    "Lots of people out walking their dogs, a great dog walking path, dogs everywhere, lots of dogs off leash in the park."
  • Chriscolandene
    "Lots goes on near Fishermen’s wharf. Card shows, international festivals, whale week, taste of Monterey, decorations on the wharf and elsewhere."
  • Andrew Kelly
    "Nice quiet community. People are friendly but mind their own business. It’s a really nice place to live. Very peaceful but not very many shopping options nearby."
  • Xsjfx7fx4g
    "I live in seaside but I know the town love it and I went to Monterey high school and drove around there it a beautiful place on the mountain and the view I so great . It very peaceful and quite to live there which I wouldn’t have it any other way "
  • Trulia User
    "eveything is special and I love Monterey and we love people so much and the pizza places are great "
  • Trulia User
    "Military Housing community so it’s a drug free and problem free neighborhood with many people with families."
  • Trulia User
    "Easy to access freeway and to get to local restaurants and shopping malls. 15 minutes to Presidio of Monterey "
  • Trulia User
    "I think that dog owners would absolutely love living in this area. ait is quiet and the streets aren't busy. You will see the occasional deer walking around but, they are friendly or scared most of the time. "
  • Trulia User
    "Friendly for pet owners Especially dog owners Lots of places to take your pet to walk Beaches dunes forests "
  • Profit taker
    "Location is central to everything . Little to many hill to be good for kids to trick or treat here . Good shopping close by too"
  • Trulia User
    "Clean and quiet! Close to shops, and tourist destinations. Right on the sun belt border. Mild weather all year round."
  • Trulia User
    "Homeless folk all over. Residence are super nice. Wealthy area. Traffic ain’t bad. A lot of older people live here. Good healthcare and hospitals "
  • 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."
  • 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"
  • 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. "
  • Justin D.
    "There are a lot of dogs in the neighborhood. Neighbors walk their dogs and most often clean up after them."
  • Dani
    "Very walkable. Close to Del Monte Beach, Gas Stations, Schools, Freeway and Grocery Stores. Quite area. "
  • Anita P.
    "There aren’t many families here with younger children. The neighborhood is mostly older families. My kids were not comfortable here and did not usually have other kids to play with "
  • Felicia M.
    "Alta Mesa is neat the City college where there’s the Farmers Market as well as other events held there, including an Antiques Fair. Alta Mesa is a special little hamlet within Monterey that not too many people know about. "
  • Justin D.
    "I work in Redwood City, so the commute is very long. Some days it takes two and a half hours each way. Public transportation is not an option.................................................................................................................. ..."
  • Brian Y.
    "Many playgrounds in the area! This would be a great place to raise kids. The sidewalks are well maintained too. "
  • 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"
  • Rubygt150
    "Everything is very good and I love the way it has everything around you, stores pharmacy, fast food restaurants and the parks! "
  • 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"
  • Thomas B.
    "Great place. Nice folks. Costco nearby. A bit expensive. If you can afford it, a wonderful place to live. "
  • 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. "
  • 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."
  • 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."
  • Monica
    "What is not to love? Friendly neighbors, windy streets excellent for walking, quiet area with little car traffic, forest and bay views and great weather. We love it when a herd of deer amble through our backyard and when the squid fishermen light up the bay at night making a spectacular fluorescent view from the house. Only in Monterey!"
  • Judy C.
    "There are very few sidewalks. Watch for cars when you are walking (and many walk dogs and children on this neighborhood) some drive too fast. "
  • Trulia User
    " Friendly neighbors who take care of their property and offer help to you. Very dog friendly with great walking trails"
  • 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 "
  • Lauren P.
    "There are no sidewalks for safe walking or riding bikes, dimly lit at night, but overall fantastic neighborhood"
  • Kirsten e
    "I drive to Palo Alto 2x a week... it is a long drive................................ It is 3.5 hours round trip"
  • Theresa O.
    "Close to the wharf and ocean and Monterey Bay Aquarium. Close to exceptional hike and bike trails. Multitude of cultural events —Arts."

Market trends in Monterey

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$1.1M
Sale-to-List Price
98.3%
Price per sq ft
$707
Available listings
97
1
MoM

Home Value

Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

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
0.00
Multi-Family Home
$3,550,000
03/12/26
3
3
6,220
0.27
Multi-Family Home
$1,650,000
05/07/26
6
5
2,244
1.46
Multi-Family Home
$1,737,000
04/29/26
3
4
3,346
1.56
Multi-Family Home
$900,000
10/06/25
5
3
1,873
1.55
Multi-Family Home
$1,390,000
10/27/25
8
4
3,516
1.71
Multi-Family Home
$1,925,000
06/16/26
4
2
5,184
1.44
Multi-Family Home
$1,600,000
02/24/26
13
7
3,726
2.12
Multi-Family Home
$1,400,000
05/13/26
6
3
2,204

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
0.01
$4,162,100
4
3
8,364
Off Market
0.00
$2,149,800
3
2
3,890
Off Market
0.00
$3,550,000
3
3
6,220
Recently Sold
0.00
$2,084,400
5
4
6,351
Off Market
0.00
$2,247,000
4
3
4,336
Off Market
0.00
$2,093,700
8
7
3,700
Off Market
0.00
$3,193,200
Studio
-
6,904
Off Market
0.00
$1,716,800
5
5
2,577
Off Market
0.00
$2,988,500
4
3
6,212
Off Market
0.19
$1,037,400
2
1
844
Off Market
0.23
$1,190,000
2
2
1,050
Recently Sold

Price and Tax history

DateEventPrice
Sep 1, 2026
Source: MLSListings Inc #ML82058850
Listed For Sale
$1,500,000

LGBTQ Local Legal Protections

Vanessa Haven, Redfin, (877) 973-3346
Agent Phone: (831) 200-6633
Based on information from the MLSListings MLS as of 2026-09-03 12:59:24 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.

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This home in Monterey, CA 93940 is a 2 bedroom, 3 bathroom, 2,681 sqft multi-family built in 1955. This property is currently available for sale and was listed by MLSListings Inc on Sep 1, 2026. The MLS # for this home is MLS# ML82058850.