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4-Unit Mixed-Use Property

883 Lighthouse AVE Monterey, CA 93940

Claim this Listing
For Sale
Under Contract
$1,500,000

COMMERCIAL - MONTEREY, CA

Lot size:
0.11 Acres
Added:
Jun 24, 2026
Days on Market:
18
Last Refresh:
Jul 11 at 8:06 pm

Property Features for 883 Lighthouse AVE

General Information

Property type
Commercial Sale
Property subtype
Other
Zoning
Comm
Parking
6
Parking features
On Street, Assigned, Garage, Off Street
Interior features
Skylight
Standard status
Active Under Contract
Lot size
0.11 Acres

Utilities

Heating system
Natural Gas, Wall Furnace
Water source
Private

Building Details

Year built
1966
Flooring type
Linoleum, Concrete, Laminate, Tile
Roof type
Fiberglass, Composition

Listing agent Monterey Peninsula Home Team License #70000352

Listing office KW Coastal Estates 26135 Carmel Rancho Blvd Ste F 200, Carmel, CA

Listing date Jun 24, 2026

MLS# ML82032652

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.


Investment Insights

Based on property information with market context.

This four-unit mixed-use property combines two street-facing commercial units with two residential apartments. The residential component includes a 2BD/1BA apartment above the commercial spaces, featuring a deck and off-street parking, plus a detached 1BD/1BA apartment located at the rear of the lot. The property is set up to support both retail-oriented frontage and on-site living, offering a straightforward live-work or diversified-income configuration.

Located in the heart of Monterey, the building sits just blocks from the Monterey Bay Aquarium, Cannery Row, and the waterfront. Two of the units face Lighthouse Avenue, providing a street-presenting commercial layout.

For investors or owner-users, the mix of commercial storefront space and two residential units can help broaden income sources within a single asset. Tenants and operators benefit from the existing separation between the street-facing commercial spaces and the upstairs and rear residential layouts, including the upstairs deck and designated off-street parking for the larger apartment.

Key Highlights

  • 4‑unit mixed‑use property with two street‑facing commercial units and two residential units
  • Two residential units: a 2BD/1BA apartment above the commercial spaces and a detached 1BD/1BA apartment at the rear
  • 2BD/1BA unit includes a deck and off‑street parking

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

All-American Antiques Home Decor Store Headdress Salon Hair Salon Monterey Real Estate ... Real Estate Agency

Suggested Use

Dental Office Auto Parts Store Auto Repair Shop HVAC Service Storage Facility Grocery & Convenience Store (Bike/Boat/Book/etc) Store Garden Center Barber Shop (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Mixed-use property - Four-unit mixed-use building with two street-facing commercial spaces and two residential apartments, including a deck and parking.
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: 4‑unit mixed‑use property with two street‑facing commercial units and two residential units; Two residential units: a 2BD/1BA apartment above the commercial spaces and a detached 1BD/1BA apartment at the rear; 2BD/1BA unit includes a deck and off‑street parking
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