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    415 Figueroa St Monterey, CA 93940

    Sponsored
    For Sale
    $1,275,000

    Commercial Property - MONTEREY, CA

    Property size:
    1,414 SF
    Lot size:
    0.07 Acres
    Days on Market:
    3
    Last Refresh:
    Jan 7 at 5:06 pm

    Property Features for 415 Figueroa St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Planned Community
    Rooms
    Basement
    Parking
    4
    Parking features
    Garage, Garage - Attached, On Street, Tandem
    Interior features
    None
    Basement Y/N
    1
    Size
    1,414 SF
    Lot size
    0.07 Acres

    Utilities

    Heating system
    Central, Forced Air, Natural Gas
    Cooling system
    None (Cooling)

    Building Details

    Year built
    1930
    Flooring type
    Carpet, Hardwood, Linoleum, Tile, Vinyl
    Roof type
    Composition
    Architectural style
    Other

    Carmel Realty Company (831) 622-1000 [email protected]

    Listing agent Geoff Arnold (831) 622-1000 License #02036451

    Listing date Jan 5, 2026

    MLS# ML82029549 Listing URL

    Copyright © 2026 MLS Listings, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Versatile Monterey Property Near Downtown

    Located in Monterey, this property offers versatility in a prime location, steps from downtown restaurants, shops, cultural attractions, Fisherman's Wharf, and Del Monte Beach. The building's layout supports a range of potential uses, including professional, residential living, or a home-office blend. Currently configured as a professional office with four private offices, a waiting area, reception space, a modern kitchenette, and a full bathroom, it can also be transformed into a single-family home. A large, finished basement provides flex space and storage, complemented by an attached single-car garage and private parking. The property is situated on a 0.0741-acre lot and has a property size of 1414 square feet. This property presents an opportunity in one of Monterey's desirable neighborhoods for a coastal residence, centrally located office, or potential multi-use space that supports both life and work. The zoning is Planned Community.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    LAURA E. TORISSI, ... Psychologist Greene Joseph B ... Psychiatrist Monterey Psychiatric Center: ... Psychiatrist Lang Brenda Family Counselor Jared Lee Phillips Medical Clinic

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Building Supply Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Monterey
    County
    Monterey
    State
    California
    Longitude
    -121.8901257
    Latitude
    36.5984302

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    FAQs

    What type of property is this?
    Office space - Charming, versatile property in a prime Monterey location.
    Where is this office space located?
    The property is located at 415 Figueroa St Monterey, CA.
    What is the asking price?
    The asking price for this property is $1,275,000.
    What are key features of this property?
    This property features: - Prime Monterey location: Steps from downtown restaurants, shops, cultural attractions, Fisherman's Wharf, and Del Monte Beach.; - Versatile property: Suitable for professional office, residential living, or a home-office blend.; - Finished basement: Provides valuable flex space and storage.
    (831) 622-1000
    Request Owner's contact information
    415 Figueroa St Monterey, CA 93940
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    Monterey, CA 93940
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    415 Figueroa St Monterey, CA 93940
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