Cottage Apartment
For Sale
$2,300,000
870 Alice Street, Monterey, CA 93940
Seven detached cottages with shared laundry, garage storage, and landscaped outdoor sitting areas in Monterey.
Property Size440 SF
Price / SF$5,227
Days on Market9
Property Features for 870 Alice Street
General Information
Standard status
Active
Size
440 SF
Property subtype
Multi Family
Building Details
Year Built
1964
Listing Agency:
Mae Lamb, Broker
(831) 917-9857
Listed By:
Mae Lamb · License #01429160
(831) 917-9857
Source:
Exitrealty
Added: Aug 22
Changed: Aug 29
Last Checked: Aug 30 at 1:11PM
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 Mae Lamb, Broker
Investment Insights
Based on property information with market context.
This apartment property comprises seven detached cottages on an oversized 10,000-square-foot lot. Individual cottages range from approximately 300 to 450 square feet, with construction dating to 1964. The property also includes an on-site coin-operated laundry room, garage storage, and both on-street and off-street parking.
Set in Monterey’s New Monterey area, the community is minutes from the Monterey Bay Aquarium, Cannery Row, and the beach. Landscaped grounds include oak-shaded sitting areas that provide shared outdoor space within the cottage setting.
Set in Monterey’s New Monterey area, the community is minutes from the Monterey Bay Aquarium, Cannery Row, and the beach. Landscaped grounds include oak-shaded sitting areas that provide shared outdoor space within the cottage setting.
Key Highlights
- Seven standalone cottages on a 10,000‑square‑foot lot
- Cottages range from approximately 300 to 450 square feet
- Built in 1964
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
667
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - Seven detached cottages with shared laundry, garage storage, and landscaped outdoor sitting areas in Monterey.
Where is this apartment building located?
The property is located at 870 Alice Street Monterey, CA.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: Seven standalone cottages on a 10,000‑square‑foot lot; Cottages range from approximately 300 to 450 square feet; Built in 1964
