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Apartment Complex with Ocean Views
For Sale
Contact for pricing
Pending

800 Lyndon St, Monterey, CA 93940

Well-maintained apartment complex in Monterey with ocean views and units updated in 2019.

Property SizeContact for details
Days on Market122

Property Features for 800 Lyndon St

General Information

Standard status Pending
Property subtype Multifamily

Building Details

Year Renovated 2019
Listing Agency: Mahoney & Associates
Listed By: Patrick Stafford · License #01857243
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Aug 9 at 3:15PM

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 Mahoney & Associates

Investment Insights

Based on property information with market context.

Kidder Mathews in partnership with Mahoney and Associates offers a well-maintained apartment complex with ocean views in Monterey, CA.

The property includes residential units that were recently updated in 2019, with rents brought to market rents. This makes the community well positioned for new ownership to continue operating a stabilized multifamily asset.

The offering is presented as an opportunity to acquire and operate a multifamily investment in a market characterized by a high barrier of entry, per the seller’s remarks.

Key Highlights

  • Well‑maintained apartment complex in Monterey, CA with ocean views
  • All units were updated in 2019
  • Rents were brought to market rents after recent updates

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Dental Office Storage Facility (Bike/Boat/Book/etc) Store Auto Parts Store Catering Service Mobile Phone Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

675
Businesses Nearby

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

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Well-maintained apartment complex in Monterey with ocean views and units updated in 2019.
Where is this apartment building located?
The property is located at 800 Lyndon St Monterey, CA.
What are key features of this property?
This property features: Well‑maintained apartment complex in Monterey, CA with ocean views; All units were updated in 2019; Rents were brought to market rents after recent updates
(831) 238-3592 Call to check price and availability
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