Discover an incredible investment opportunity with this amazing 4-plex in sought-after New Monterey! Featuring plans for an additional 2-bed accessory dwelling unit, this property offers immense potential. Each unit is a spacious 2-story townhouse with tasteful upgrades, ensuring comfortable and modern living. Perfectly situated near Cannery Row, Pacific Grove, and the Taylor Street gate to the DLI, the location is ideal for attracting renters. Enjoy a fantastic rent roll with room for growth in this prime spot above the iconic Monterey Bay. Just minutes from downtown Monterey, Cannery Row, and Downtown Pacific Grove, this property combines convenience and charm in one of the most desirable areas. Don't miss out on this unique investment in a truly unbeatable location!
Multi-familyProperty Type
1969Year Built
5,000 sq ftLot Size
$460Price/Sq.Ft.
2 spacesParking
Listed by The C The C Group•DRE #70010221• Real Brokerage Technologies
Bought with The Ruiz The Ruiz Group•DRE #70010112• Keller Williams Realty
bridgeMLS, Bay East AOR, or Contra Costa AOR #ML81032027
Jun 9, 2025
Listing Removed
—
RENT. #1
Jan 10, 2022
Price Changed
$2,295
$1/sq ft
MLSListings #ML81871834
Dec 5, 2021
Sold
$1,600,000
$466/sq ft
Dec 5, 2021
Listed
$1,600,000
$466/sq ft
MLSListings #ML81211233
Sep 27, 2012
Sold
$809,500
$236/sq ft
Jul 11, 2012
Pending
—
May 30, 2012
Price Changed
$828,000
$241/sq ft
Mar 26, 2012
Listed
$829,500
$241/sq ft
SDMLS #301774441
Sep 27, 2012
Sold
$809,500
$236/sq ft
Mar 26, 2012
Listed
$828,000
$241/sq ft
Public Records
Dec 31, 1987
Sold
$109,500
$32/sq ft
Public Records
Nov 10, 1986
Sold
$295,000
$86/sq ft
Public Records
Feb 17, 1984
Sold
$138,500
$40/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$20,034 (+8.3%)
$703,580 + $1,028,309
$1,731,889
2024
$18,507 (+3.2%)
$689,785 + $1,008,147
$1,697,932
2023
$17,926 (+1.4%)
$676,260 + $988,380
$1,664,640
2022
$17,681 (+70.8%)
$663,000 + $969,000
$1,632,000
2021
$10,350 (+3.9%)
$650,000 + $950,000
$1,600,000
2020
$9,963 (−4.7%)
$341,292 + $579,631
$920,923
2019
$10,451 (+4.1%)
$337,793 + $573,688
$911,481
2018
$10,039 (+7.9%)
$331,170 + $562,440
$893,610
2017
$9,304 (+1.8%)
$318,311 + $540,600
$858,911
2016
$9,140 (+1.4%)
$318,311 + $540,600
$858,911
2015
$9,012 (+1.8%)
$312,070 + $530,000
$842,070
2014
$8,856 (+2.4%)
$301,362 + $511,813
$813,175
2013
$8,652 (+57.1%)
$301,362 + $511,813
$813,175
2012
$5,506 (+3.6%)
$300,000 + $509,500
$809,500
2011
$5,317 (+3.7%)
$167,622 + $339,205
$506,827
2010
$5,126 (−0.3%)
$164,336 + $325,692
$490,028
2009
$5,141 (+2.2%)
$163,108 + $323,258
$486,366
2008
$5,031
$163,496 + $324,026
$487,522
Public record
Public record
Zoning
Beds
8
Baths
4
Stories
2
Lot width
—
Lot depth
—
Lot size
5,000 Sq. Ft.
Year renovated
1969
Sq. Ft.
3,436
Year built
1969
Style
Other
County
Monterey County
APN
001179035000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 14, 2026.
R-3-5
H2
Residential Medium Density Multifamily Dwelling District
The R-3 Residential Medium Density Multifamily Dwelling District is intended to provide opportunities for garden apartments, townhouses, and cluster housing in neighborhoods at densities up to 30 units per acre. A second number -5, -6, etc. indicates the minimum lot area and dimensions and the property development standards that apply. Supporting recreational, religious, educational and community facilities also are allowed.