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Monterey County, CA Multifamily Properties for Sale

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22 results
Mixed-Use Investment Opportunity, Pacific Grove
$2,988,000
3,259 SF

Mixed-Use Investment Opportunity, Pacific Grove

1157 Forest AVE, Pacific Grove, CA 93950

Mixed-use property with redevelopment potential in a desirable location.

  • Prime location across from Trader Joe's and near Safeway/Lucky, ensuring high visibility and traffic.
  • Significant redevelopment potential for up to 24 market‑rate residential units (buyer to verify).
  • Stable existing income from nine diverse tenants, including a pizzeria and residential apartments.
  • Large 22,651 square‑foot lot with an 8,402 square‑foot building.
  • Potential for increased income through tenant improvements, cannabis retail (license required), or converting warehouse space to residential units.
Updated: Mar 6
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Pacific Grove Fourplex with ADU Potential
$2,299,000
3,737 SF

Pacific Grove Fourplex with ADU Potential

618 Forest AVE, Pacific Grove, CA 93950

Rare, fully occupied fourplex in Pacific Grove with value-add potential.

  • City‑approved ADU plan (approx. 788 sq ft) with Water Credits purchased offers clear value‑add potential.
  • Fully occupied fourplex generates $12,280 in monthly gross income with strong rental fundamentals.
  • Prime Pacific Grove location within the highly regarded Pacific Grove Unified School District.
  • Ideal for owner‑occupant to live in one unit and rent the other three.
  • Units are refreshed with in‑unit washer‑dryer combos and kitchen appliances; most kitchens and baths are renovated.
Updated: Feb 10
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Mobile Home Park Portfolio Opportunity
$3,489,000
12,000 SF

Mobile Home Park Portfolio Opportunity

Six parcels with income potential in North Monterey County.

17653-63 Vierra Canyon RD, Salinas, CA 93907
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Salinas Multifamily Property For Sale
$1,750,000
4,815 SF

Salinas Multifamily Property For Sale

Multifamily property in established Salinas neighborhood, near amenities and transportation.

326 Central AVE, Salinas, CA 93901
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Royal Oaks Duplex Investment Property
$829,000
1,645 SF

Royal Oaks Duplex Investment Property

Investment property with two studios and a 3-bed home.

20 Gonda ST, Royal Oaks, CA 95076
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Monterey Mixed-Use Investment Opportunity
$1,500,000
2,633 SF

Monterey Mixed-Use Investment Opportunity

Four-unit mixed-use property in Monterey near Cannery Row.

883 Lighthouse AVE, Monterey, CA 93940
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Monterey Fourplex with ADU Potential
$1,650,000
3,436 SF

Monterey Fourplex with ADU Potential

Fourplex in New Monterey with plans for additional ADU.

830 Parcel ST, Monterey, CA 93940
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Charming Fourplex in Salinas
$950,000
2,050 SF

Charming Fourplex in Salinas

Unique four-unit property with income potential in Salinas, California.

119 Carr AVE, Salinas, CA 93905
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Monterey Triplex in Prime Location
$1,500,000
2,204 SF

Monterey Triplex in Prime Location

Well-maintained triplex in Monterey's sought-after neighborhood, near downtown.

1113 Mcclellan AVE, Monterey, CA 93940
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Coastal Duplex with Ocean Views
$1,295,000
1,680 SF

Coastal Duplex with Ocean Views

Rare Pacific Grove duplex near the shoreline with ocean views.

301 7th ST, Pacific Grove, CA 93950
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Mediterranean Triplex in Seaside, CA
$1,649,500
5,180 SF

Mediterranean Triplex in Seaside, CA

Built in 2009, spacious units, ideal for income.

1125 Olympia AVE, Seaside, CA 93955
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Fully Rented Triplex Investment Opportunity
$775,000
0.13 Acres

Fully Rented Triplex Investment Opportunity

Triplex in East Salinas with remodeling and income potential.

615 Terrace St, Salinas, CA 93905
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Charming Four-Unit Multifamily Property
$950,000
0.17 Acres

Charming Four-Unit Multifamily Property

Unique four-unit property in Salinas with income potential.

119 Carr Ave, Salinas, CA 93905
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Seaside Fourplex Investment Opportunity
$2,400,000

Seaside Fourplex Investment Opportunity

Well-maintained fourplex with modern units and value-add potential.

987 Harcourt Ave, Seaside, CA 93955
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Well-Maintained Triplex with Garages
$1,045,000

Well-Maintained Triplex with Garages

Triplex with garages, patios, and strong occupancy in North Salinas.

18761 Eisenhower St, Salinas, CA 93906
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Charming Mobile Home in Marina
$389,000

Charming Mobile Home in Marina

Well-maintained 3 bed, 2 bath mobile home near Monterey Bay.

347 Carmel Ave 14, Marina, CA 93933
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Marina Multifamily Investment Opportunity
$4,200,000
12,240 SF

Marina Multifamily Investment Opportunity

15-unit apartment complex near Highway 1 in Marina, CA.

3110 Lake Dr, Marina, CA 93933
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Three Homes on One Lot
Contact for pricing

Three Homes on One Lot

Three legal homes on a large lot in good condition.

Carmel Valley, CA 93924
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Monterey Triplex Near Beach
$1,995,000

Monterey Triplex Near Beach

Three-unit residential property near the beach and Navy school.

1150 Eighth St, Monterey, CA 93940
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Seaside Mixed-Use Investment Opportunity
$2,850,000
8,577 SF

Seaside Mixed-Use Investment Opportunity

Mixed-use building with commercial and residential units in Seaside, CA.

1725 Fremont Blvd, Seaside, CA
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Carmel Retail Ground Lease Opportunity
$1,050,000
3,518 SF

Carmel Retail Ground Lease Opportunity

Ground lease with improvements in downtown Carmel, California.

Mission St, Carmel, CA
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Unique Monterey Multifamily Property
$2,350,000
5,033 SF

Unique Monterey Multifamily Property

Two multifamily properties offered together in Monterey, California.

942 Munras Ave, Monterey, CA 93940
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Based on your search, we've compiled Potential Opportunities for your consideration. Besides 22 Active Listings in Monterey County, CA, we suggest to view alternatives - similar 1468 Off-Market properties to explore as potential leads.

Explore Off-Market Properties in Monterey County, CA

Consider similar Off-Market properties in Monterey County, CA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

128 19th St

128 19th St

APARTMENT HOUSE (5+ UNITS) • 4,797 SF
Value Estimation
$795,000
128 19th St, Pacific Grove, CA 93950-2657
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316 Williams Rd

316 Williams Rd

APARTMENT HOUSE (5+ UNITS) • 2,479 SF
Value Estimation by Request
316 Williams Rd, Salinas, CA 93905-2967
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Monterey County, CA Multifamily Properties Investment Opportunities Market Analysis

Explore 1490 multifamily properties for sale in Monterey County, CA, showcased through 22 active listings on our real estate platform. These investment opportunities span a total of 41,494,974 square feet of properties for sale, with an estimated market value of $664,656,000.

Sale prices for multifamily properties in Monterey County, CA start at $75,000, averaging $1,046,702, and reaching up to $29,080,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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