Four-Unit Mixed-Use
For Sale
Under Contract
$1,500,000
883 Lighthouse AVE, Monterey, CA 93940
Commercial/Industrial, MONTEREY, CA
Property SizeContact for details
Lot Size0.11 Acres
Days on Market40
Property Features for 883 Lighthouse AVE
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Comm
Parking
6
Parking features
Assigned, On Street, Off Street
Interior features
Skylight
Subdivision
Cannery Row/Lighthouse Business District
Standard status
Active Under Contract
Lot size
0.11 Acres
Utilities
Heating system
Wall Furnace, Natural Gas
Water source
Private
Building Details
Year built
1966
Flooring type
Concrete, Laminate, Tile, Linoleum
Roof type
Fiberglass, Composition
Listing Agency:
KW Coastal Estates · Keller Williams Realty
(831) 622-6200
Listed By:
Monterey Peninsula Home Team · License #70000352
(831) 594-3290
Added: Jul 18
Changed: Aug 26
Last Checked: Aug 26 at 8:06PM
MLS# ML82032652
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Investment Insights
Based on property information with market context.
This mixed-use property contains four units, including two commercial spaces facing Lighthouse Avenue and two residential apartments. The upper apartment offers a 2BD/1BA layout with a deck and off-street parking, while a detached 1BD/1BA apartment is positioned at the rear of the lot. Interior features include a skylight, with concrete, laminate, tile, and linoleum flooring. Heating is provided by natural gas and wall furnaces.
The property is located in Monterey near the Monterey Bay Aquarium, Cannery Row, and the waterfront. The 0.1102-acre parcel includes off-street, assigned, and on-street parking options. Built in 1966, the property has fiberglass and composition roofing, private water service, and Comm zoning.
The property is located in Monterey near the Monterey Bay Aquarium, Cannery Row, and the waterfront. The 0.1102-acre parcel includes off-street, assigned, and on-street parking options. Built in 1966, the property has fiberglass and composition roofing, private water service, and Comm zoning.
Key Highlights
- Four‑unit mixed‑use property with 2 commercial and 2 residential units
- Two commercial units face Lighthouse Avenue
- 2BD/1BA apartment with deck and off‑street parking
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,204
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
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Street-facing commercial units are paired with two separate residential apartments.
Where is this mixed-use property located?
The property is located at 883 Lighthouse AVE Monterey, CA.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Four‑unit mixed‑use property with 2 commercial and 2 residential units; Two commercial units face Lighthouse Avenue; 2BD/1BA apartment with deck and off‑street parking
