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Victorian Duplex with Bay Views
For Sale
$2,199,000

202 Watson Street, Monterey, CA 93940

ResidentialIncome, Victorian, Monterey, CA

Property Size2,772 SF
Lot Size0.12 Acres
Price / SF$793.29
Days on Market26

Property Features for 202 Watson Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning R2
Parking 1
Parking features On Street, Open
Interior features HighCeiling, VaultedCeiling, WetBar
Fireplace 1
Appliances CooktopGas, Dishwasher, ExhaustFan, GarbageDisposal, NoAppliances, OvenRangeBuiltIn, TrashCompactor
Lot features Grade Mostly Level, Views
View City, Ocean
Elementary school MontereyPeninsulaUnified
High school MontereyPeninsulaUnified
Elementary school district MontereyPeninsulaUnified
High school district MontereyPeninsulaUnified
Subdivision OldTownMonterey
Standard status Active
APN 001-375-025-000
Size 2,772 SF
Lot size 0.12 Acres

Taxes and HOA fees

Tax Annual Amount 0

Utilities

Sewer type Public Sewer
Heating system Fireplace(s), Central, Natural Gas, Forced Air
Cooling system Central Air, Ceiling Fan(s)
Water source Public

Amenities

deck
fireplace
air conditioning
patio
backyard
apple tree
storage shed

Building Details

Year built 1929
Floors in Building 2
Number of units 2
Flooring type Tile, Carpet
Roof type Shingle, Composition
Architectural style Victorian
Additional Structures Shed(s)
Listing Agency: Compass
Listed By: Judie Profeta · License #00703550
Added: Sep 26 Changed: Oct 21 Last Checked: Oct 21 at 6:06AM
MLS# ML82062794

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.

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Investment Insights

Based on property information with market context.

Built in 1929, this Victorian duplex contains two residences totaling 2,772 square feet on a 0.124-acre lot. The upper unit has 2 bedrooms and 1 bathroom across 1,338 square feet, with a deck, fireplace, and air conditioning. The lower unit offers 3 bedrooms and 1.5 bathrooms in 1,434 square feet, plus access to a patio and backyard. A garage and additional parking serve the property, which is zoned R2.

Views extend across Monterey Bay, the harbor, downtown, and distant mountains. Downtown Monterey and Fisherman’s Wharf are nearby. The property also has a storage shed and a producing apple tree.

Key Highlights

  • Two‑unit Victorian property built in 1929; 2,772 square feet on a 0.124‑acre lot
  • Upper residence: 1,338 square feet, 2 bedrooms, 1 bathroom, deck, fireplace, and air conditioning
  • Lower residence: 1,434 square feet, 3 bedrooms, 1.5 bathrooms, patio, and backyard

Property Analytics

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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

2,401
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two separate residences include outdoor living areas, a garage, and additional parking.
Where is this duplex located?
The property is located at 202 Watson Street Monterey, CA.
What is the asking price?
The asking price for this property is $2,199,000.
What are key features of this property?
This property features: Two‑unit Victorian property built in 1929; 2,772 square feet on a 0.124‑acre lot; Upper residence: 1,338 square feet, 2 bedrooms, 1 bathroom, deck, fireplace, and air conditioning; Lower residence: 1,434 square feet, 3 bedrooms, 1.5 bathrooms, patio, and backyard
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