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Triplex with Three-Car Garage

291 Watson Street, Monterey, CA 93940

For Sale
$1,737,000

Three separate residences include a two-bedroom front home and two rear units, with shared garage and storage space.

Property SizeContact for details
Lot Size0.15 Acres
Days on Market229

Property Features for 291 Watson Street

General Information

Standard status Active
Total Parking Spaces 3
Lot size 0.15 Acres
Property subtype Triplex

Additional Details

Multifamily Units 3

Amenities

Security System
Central Forced Air - Gas
Space Heater
Wall Furnace
Washer/Dryer
Public Utilities, Water - Public, Individual Electric Meters, Individual Gas Meters, Composition

Building Details

Year Built 1929
Listing Agency: Coldwell Banker Realty
Listed By: Lucie Campos · License #01345594
Source: Kw
Added: Mar 26 Changed: Nov 8 Last Checked: Nov 8 at 5:30PM

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 Coldwell Banker Realty

Rey
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Investment Insights

Based on property information with market context.

This triplex combines a front single-family residence with two separate units at the rear. The front home has 2 bedrooms, 1 bathroom, hardwood floors, high ceilings and a fireplace. Across the property, the units total 4 bedrooms and 4 bathrooms. A three-car garage and two storage areas provide additional utility. Built in 1929, the property sits on a 6,700-square-foot lot.

The property is within walking distance of shops, restaurants, the Middlebury Institute and the DLI, and is a few blocks from downtown Monterey. Public water and utilities serve the property, with individual electric and gas meters.

Key Highlights

  • Three residential units: a front single‑family home and two separate rear units
  • 4 bedrooms and 4 bathrooms total
  • Front home features hardwood floors, high ceilings and a fireplace

Property Analytics

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Lease Details

3
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
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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?
Triplex - Three separate residences include a two-bedroom front home and two rear units, with shared garage and storage space.
Where is this triplex located?
The property is located at 291 Watson Street Monterey, CA.
What is the asking price?
The asking price for this property is $1,737,000.
What are key features of this property?
This property features: Three residential units: a front single‑family home and two separate rear units; 4 bedrooms and 4 bathrooms total; Front home features hardwood floors, high ceilings and a fireplace
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