Remodeled Multifamily
For Sale
$4,000,000
1230 Del Monte Avenue, Monterey, CA 93940
Remodeled multifamily asset spanning three parcels with a private parking lot.
Property Size6,397 SF
Price / SF$625.29
Days on Market152
Property Features for 1230 Del Monte Avenue
General Information
Standard status
Active
Size
6,397 SF
Total Parking Spaces
15
Property subtype
5+ Units / Five or More Units
Additional Details
Multifamily Units
12
Building Details
Year Built
1930
Listing Agency:
Exp Realty of California Inc.
(925) 494-5430
Listed By:
Loren Eva Ybarra · License #02138632
(925) 494-5430
Source:
Compass
Added: Apr 1
Changed: Aug 29
Last Checked: Aug 29 at 6:32PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Exp Realty of California Inc.
Investment Insights
Based on property information with market context.
This multifamily offering includes 13 doors across three parcels and a separate private parking lot. The improvements include both commercial and residential components and have been remodeled. The first parcel pairs a commercial space with a residential fourplex. The second includes a main house accompanied by two separate guest units. The third contains another main house and a fourplex, creating a varied rental configuration across the assemblage.
The property is located at 1230 Del Monte Avenue in Monterey, near the Naval Postgraduate School, Fisherman’s Wharf, Del Monte Beach, and downtown Monterey. Built in 1930, the asset generates rental income from its collection of residential units while also incorporating commercial space.
The property is located at 1230 Del Monte Avenue in Monterey, near the Naval Postgraduate School, Fisherman’s Wharf, Del Monte Beach, and downtown Monterey. Built in 1930, the asset generates rental income from its collection of residential units while also incorporating commercial space.
Key Highlights
- 13 doors distributed across 3 parcels
- Separate private parking lot included
- Commercial space paired with a residential fourplex on Parcel #1
Property Analytics
Property Profile
Current Use
Lease Details
12
Residential units
Location Intelligence
Trade Area within ½ mile
1,035
Businesses Nearby
Explore this area
Business Placement
Demographics for 93940, CA
30,454
Population
15,451
Households
2
Avg Household Size
43
Median Age
54%
College-Educated
94%
High-School Grad
35.1 sq mi
ZIP Area
868
Density / Sq Mi
$110,669
Median Household Income
$62,711
Median Earnings
$2,305
Median Rent
$1,039,700
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Multifamily property - Remodeled multifamily asset spanning three parcels with a private parking lot.
Where is this multifamily property located?
The property is located at 1230 Del Monte Avenue Monterey, CA.
What is the asking price?
The asking price for this property is $4,000,000.
What are key features of this property?
This property features: 13 doors distributed across 3 parcels; Separate private parking lot included; Commercial space paired with a residential fourplex on Parcel #1
