Financial
Distress signals
Property profile

601 Lighthouse Ave Monterey, CA 93940

OFF-MARKET
Showrooms
Property ID
US09-2741515
11,000 SF 0.14 ac lot Built 1966
Last sale Apr 2022 · $1,600,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Located at 601 Lighthouse Ave in Monterey, California, this mixed-use property sits on the corner of Lighthouse Ave and Hoffman, providing frontage on an intersection. The upper level has approved plans and permits for residential conversion, establishing an entitlement pathway for adapting the upstairs portion of the building while maintaining the property’s mixed-use character. Future development and modifications are guided by Monterey’s Lighthouse Area specific plan, which provides the applicable planning framework.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$18k
Tax billed · 2023
Assessed value$1.63M
Assessed land$1.12M
Assessed improvement$510k
Effective rate1.10%

Value estimate

· Sep 2026
$1.43M
$1.28M – $1.57M
AI approach$1.41M
Submarket $/SF estimate$1.17M

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$502/SF
ZIP average, outlier-cleaned · 63 recorded sales of this use type
Observed band · Q1–Q3$222 – $817
Qualifying comparables3

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionMONTEREY

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office12.5
HVAC Service10.2
Barber Shop9.6

Location

601 Lighthouse Ave Monterey, CA 93940-1007
County assessor Recorded deeds · 7 transfers 3 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
464 Alvarado, Monterey, CA 93940-2717 $440,000 Feb 2026 11,225 SF
447 Bonifacio, Monterey, CA 93940 $2,200,000 Dec 2025 9,180 SF
499 Alvarado, Monterey, CA 93940-2739 $2,550,000 Jun 2025 5,364 SF
Cyn Del Rey, Del Rey Oaks, CA 93940 $2,800,000 Feb 2025 11,853 SF
298 Foam, Monterey, CA 93940 $1,100,000 Aug 2024 3,532 SF
570 Lighthouse, Monterey, CA 93940-1423 $1,400,000 Mar 2024 7,321 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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