Financial
Distress signals
Property profile

2124 N Fremont St Monterey, CA 93940

FOR SALE
Hotels
Property ID
US09-2733241
13,037 SF 0.85 ac lot Built 1963
Last sale Nov 2023 · $1,824,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon

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?
$48k
Tax billed · 2023
Assessed value$4.27M
Assessed land$2.10M
Assessed improvement$2.17M
Effective rate1.13%

Value estimate

· Sep 2026
$1.96M
$1.76M – $2.15M
CAP approach$1.29M
NOI build-up
Gross scheduled income$235k
Vacancy & credit loss−$59k
Operating expenses−$92k
NOI · 0.91% cap applied$84k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$798/SF
County average, outlier-cleaned · 38 recorded sales of this use type
Observed band · Q1–Q3$275 – $1,655

Cap rate analysis

How does the asset earn?
0.91%
$84k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

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: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency15.9
HVAC Service11.5
Clothing Store11.3

Location

2124 N Fremont St Monterey, CA 93940
County assessor Recorded deeds · 18 transfers Qualifying comp sales · not on file 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2075 Fremont, Monterey, CA 93940-5230 $6,350,000 Feb 2026 6,960 SF
2101 Fremont, Monterey, CA 93940-5202 $3,130,000 Jun 2025 6,614 SF
1150 Munras, Monterey, CA 93940-4514 $4,950,000 Dec 2021 14,486 SF
1374 Munras, Monterey, CA 93940-6139 $3,200,000 Jun 2020 7,636 SF
200 Foam, Monterey, CA 93940-1406 $9,600,000 Jun 2019 12,285 SF
2332 Fremont, Monterey, CA 93940-5407 $3,550,000 May 2019 6,277 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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