$1,500,000
- 2 Beds
- 3 Baths
- 2,681 sqft
Address Not Disclosed, Monterey, CA 93940
Est. Mortgage $9,177/mo*
Get Pre-QualifiedHome Highlights
Multi-Family
Built in 1955
$559/sqft
Carport
Local Information
-- mins to
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.
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
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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 |
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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 |
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Days on Market: 2 |
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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 |
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Price List Price: $1,500,000Price Per Sqft: $559 |
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Direction & Address City: Monterey |
School Information Elementary School District: MontereyPeninsulaUnifiedHigh School District: MontereyPeninsulaUnified |
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Listing Agent Listing ID: ML82058850 |
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Building Area Building Area: 2681 |
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Units in Building: 1 |
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Lot Area: 6050 sqft |
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Special Conditions: Standard |
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Listing Agreement Type: ExclusiveRightToSell |
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Mls Number: ML82058850 |
Around this home
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.
Market trends in Monterey
Last updated July 2026
Avg. sale price
$1.1M
Sale-to-List Price
98.3%
Price per sq ft
$707
Available listings
97
1MoM
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
| Date | Event | Price |
|---|---|---|
Sep 1, 2026 Source: MLSListings Inc #ML82058850 | Listed For Sale | $1,500,000 |
LGBTQ Local Legal Protections
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.

