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Two-Unit Duplex with Rear Yard
For Sale
$635,000

501 Dela Vina Avenue, Monterey, CA 93940

Two-unit duplex with fireplace, basement storage, washer/dryer, and room for up to four vehicles.

Days on Market51

Property Features for 501 Dela Vina Avenue

General Information

Standard status Active
Total Parking Spaces 4
Property subtype Duplex

Additional Details

Highway Access Yes
Multifamily Units 2

Amenities

fireplace
basement storage
washer and dryer
yard
Wall Furnace
Washer/Dryer
Public Utilities, Water - Public, Composition, Shingle

Building Details

Year Built 1918
Tenancy Multi
Listing Agency: Coldwell Banker Residential Brokerage
Listed By: Young Seon Myong
Source: Kw
Added: Jun 12 Changed: Jul 26 Last Checked: Jul 31 at 11:06AM

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 Residential Brokerage

Investment Insights

Based on property information with market context.

This two-unit duplex offers a practical rental setup with both units featuring yard space. One unit includes two bedrooms and one bathroom, along with a fireplace, a basement for additional storage, and a washer/dryer. The second unit is configured as one bedroom and one bathroom.

The property provides parking space for up to four vehicles and includes a good-sized rear yard. The seller indicates the rear yard may be able to support adding a bedroom and utilizing an ADU to help increase income. Located in central Monterey, the property is within walking distance to the fairgrounds and is close to shopping, restaurants, and highway access.

Key Highlights

  • Two‑unit duplex built in 1918
  • Unit 1: 2 bed, 1 bath with fireplace, plus basement storage and in‑unit washer/dryer
  • Unit 2: 1 bed, 1 bath

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Daycare Center (Bike/Boat/Book/etc) Store Furniture & Home Goods Bakery Veterinary Clinic Parking Lot & Garage

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

Lease Details

2
Residential units
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

941
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?
Duplex - Two-unit duplex with fireplace, basement storage, washer/dryer, and room for up to four vehicles.
Where is this duplex located?
The property is located at 501 Dela Vina Avenue Monterey, CA.
What is the asking price?
The asking price for this property is $635,000.
What are key features of this property?
This property features: Two‑unit duplex built in 1918; Unit 1: 2 bed, 1 bath with fireplace, plus basement storage and in‑unit washer/dryer; Unit 2: 1 bed, 1 bath
More about this property
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