Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    660 Camino Aguajito Monterey, CA 93940-3654

    • Office buildings
    • 1,791 SF
    • 0.29 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US09-2652251
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Sarah Frahm, DDS / Dental Hygienist / Dental Implants Periodontist
    • Cornell Trent E PhD / Psychologist
    • Pamela Hughes Therapy / Marriage Or Relationship Counselor
    • Educational Services / Tutoring Service
    • Sacred Space Counseling & Therapy / Psychotherapist

    Property Details for 660 Camino Aguajito

    Year built
    1969
    Construction
    TILT-UP CONCRETE
    Lot size
    0.29 lot acres
    Property size
    1,791 SF
    Property type
    Office buildings
    APN
    001-846-012-000
    APU
    1846012000

    Description

    This 9,406 square foot industrial building in Monterey, CA, sits on a 0.29-acre lot at 660 Camino Aguajito. Currently operating as a multi-tenant office building, it offers significant income potential with long-term leases in place on the first two floors. The third floor, approximately 3,600 square feet, is available for lease or owner-occupancy. Boasting 28 rooms and 6 full bathrooms, along with kitchen areas, this property provides exceptional flexibility. Large covered parking is available for employees and clients. Enjoy stunning views of Lake El Estero and convenient access to downtown Monterey and major freeways. Both the second and third floors feature private decks and floor-to-ceiling windows, creating a bright and inviting atmosphere. A complete solar power system eliminates electricity costs, offering significant savings and environmental benefits. The property is zoned R-3-6-AP, allowing for potential residential conversion of the third floor. This presents a unique opportunity for an owner-user or investor seeking a strong cap rate and a history of solid income generation. This is a truly exceptional investment opportunity.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Monterey
    County
    Monterey
    State
    California
    Longitude
    -121.882
    Latitude
    36.595
    CBSA code
    41500
    CBSA name
    SALINAS, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $26,271
    $706,952
    $1,708,476
    $2,415,428
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      0.30 Acres

      898 Wave St

      OFFICE BUILDING (MULTI-STORY) • 0.30 Acres
      898 Wave St, Monterey, CA 93940-1019
      View Details
    • Value Estimation by Request
      4,360 SF

      1035 5th St

      OFFICE BUILDING • 4,360 SF
      1035 5th St, Monterey, CA 93940-3560
      View Details
    • Value Estimation by Request
      59,000 SF

      2959 Salinas Hwy

      OFFICE BUILDING (MULTI-STORY) • 59,000 SF
      2959 Salinas Hwy, Monterey, CA 93940-6400
      View Details
    • Value Estimation by Request
      5,025 SF

      550 Figueroa St

      OFFICE BUILDING (MULTI-STORY) • 5,025 SF
      550 Figueroa St, Monterey, CA 93940-3260
      View Details
    • Value Estimation by Request
      27,760 SF

      2100 Gdn Rd

      OFFICE BUILDING (MULTI-STORY) • 27,760 SF
      2100 Gdn Rd, Monterey, CA 93940-5366
      View Details
    • Value Estimation by Request
      1,406 SF

      464 Pearl St

      OFFICE BUILDING (MULTI-STORY) • 1,406 SF
      464 Pearl St, Monterey, CA 93940
      View Details

    Similar Nearby for Sale

    • $1,650,000
      1,068 SF

      Monterey Medical Office Condos

      Two Medical Office Suites, Prime Location
      900 Cass St, Monterey, CA 93940
      View Details
    • $1,000,000
      1,425 SF

      Medical Office Condos For Sale

      Two medical office condos in Monterey, one vacant, one leased.
      900 Cass St, Monterey, CA 93940
      View Details
    • $2,950,000
      7,873 SF

      Prime Monterey Executive Office Building

      High-traffic Monterey office, 7,873 SF, $2.95M
      499 Alvarado St, Monterey, CA 93940
      View Details
    • $3,700,000
      16,563 SF

      Monterey Commercial Corridor Opportunity

      Partially occupied commercial property in Monterey's commercial corridor.
      539 Ramona Ave, Monterey, CA 93940
      View Details
    • New
      $1,275,000
      1,414 SF

      Versatile Monterey Property Near Downtown

      Charming, versatile property in a prime Monterey location.
      415 Figueroa St, Monterey, CA 93940
      View Details
    • $587,000
      1.59 Acres

      Monterey Commercial Land Opportunity

      1.59 Acres, Prime Location, $587,000
      24480 Citation Ct, Monterey, CA 93940
      View Details

    Similar Nearby for Lease

    • $2,200,000
      3,730 SF

      Professional Office Space Available

      Professional office space for lease or purchase with ample parking.
      9600 Blue Larkspur Ln, Monterey, CA 93940
      View Details
    • $2 SF/Yr
      2,918 SF

      Medical/Office Space For Rent

      First floor suite with exam rooms, offices, and restrooms.
      24591 Silver Cloud Ct, Monterey, CA 93940
      View Details
    • $2.00 SF/Yr
      740 SF

      Downtown Monterey Office Space

      Recently renovated office space in downtown Monterey, California.
      700 Cass St, Monterey, CA 93940
      View Details
    • $28 SF/Yr
      2,500 SF

      Office Space with Private Deck

      Elevator-serviced office space featuring a private deck and ample parking.
      9821 Blue Larkspur Ln, Monterey, CA 93940
      View Details
    • $2 SF/Yr
      2,278 SF

      Monterey Office Suites For Rent

      Centrally located office suites with bay views and patio.
      550 Hartnell St, Monterey, CA 93940
      View Details
    • $2 SF/Yr
      2,200 SF

      Downtown Monterey Office Space Available

      Office space in the heart of downtown Monterey for rent.
      301 Bonifacio Pl, Monterey, CA 93940
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    660 Camino Aguajito
    Monterey, CA 93940-3654
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.