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    Monterey, CA
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    Monterey, CA Other Multifamily Properties for Sale

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    Seaside, CA Pebble Beach, CA Carmel, CA
    Monterey Mixed-Use Income Property
    $1,500,000

    Monterey Mixed-Use Income Property

    883 Lighthouse Ave, Monterey, CA 93940

    Four-unit mixed-use property near Monterey Bay Aquarium and Cannery Row.

    • Premier Monterey location: Blocks from Monterey Bay Aquarium, Cannery Row, and the waterfront.
    • Mixed‑use property: Two commercial units and two residential units for diversified income.
    • High visibility: Street‑facing commercial units on busy Lighthouse Avenue.
    • Excellent walkability: Walk Score of 90.
    • Residential unit amenities: 2BD/1BA apartment includes a deck and off‑street parking.
    Updated: Apr 24
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    Unique Monterey Multifamily Property
    $2,350,000
    5,033 SF

    Unique Monterey Multifamily Property

    942 Munras Ave, Monterey, CA 93940

    Two multifamily properties offered together in Monterey, California.

    • Approximately 20,979 SF of land.
    • Approximately 5,033 SF of improvements.
    • Two properties being sold together.
    • Owned for a generation by a prominent Monterey family.
    • Unique and recognized Monterey property.
    Updated: Aug 28, 2023
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    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Monterey, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Unique Investment & Landmark Property
    $5,999,999
    31.00 Acres

    Unique Investment & Landmark Property

    30-acre property with homes, commercial building, and development potential.

    5601 Freedom BLVD, Aptos, CA 95003
    View details
    Santa Cruz Mixed-Use Opportunity
    $2,700,000
    5,923 SF

    Santa Cruz Mixed-Use Opportunity

    Victorian office building with residential unit, development potential.

    603 Mission ST, Santa Cruz, CA 95060
    View details
    Unique California Investment Property
    $5,999,999
    9,270 SF

    Unique California Investment Property

    30+ acre estate with rental income and development potential.

    5601 Freedom Blvd, Aptos, CA 95003
    View details
    Santa Cruz Multi-Unit Property
    $1,349,000

    Santa Cruz Multi-Unit Property

    Multi-unit property near downtown Santa Cruz with flexible spaces.

    631 Riverside Ave, Santa Cruz, CA 95060
    View details

    Monterey, CA Other Multifamily Properties Investment Opportunities Market Analysis

    Explore 2 other multifamily properties for sale in Monterey, CA on our real estate platform. These investment opportunities span a total of 5,033 square feet of properties for sale, with an estimated market value of $2,350,000.

    Sale prices for other multifamily properties in Monterey, CA start at $2,350,000, averaging $2,350,000, and reaching up to $2,350,000 — 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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    Top Commercial Asset Segments

    Triplexes 3
    Quadplexes 2
    Duplexes 1

    Property Size Breakdown

    The majority of commercial real estate listings in Monterey fall within the 100,000+ square foot range.

    Demographics Overview

    Population 34K
    Population Growth (5Y) -4.5%
    Median Household Income $110,669
    College Educated 85.9%

    High-Yield Neighborhoods for Strategic Investment

    Identify Monterey submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    93940 $1.9M

    Taxes & Financing

    Tax Rate (average for all types) 0.92%
    Property Tax per SF $9.11 per sq ft
    Tax Rate vs County Average 0.12 pp below county avg
    Average Loan-to-Value 65.0%

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