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Monterey, CA Residential Income Properties for Sale

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Versatile Monterey Property Near Downtown
$1,275,000
1,414 SF

Versatile Monterey Property Near Downtown

415 Figueroa St, Monterey, CA 93940

Charming, versatile property in a prime Monterey location.

  • Prime Monterey location: Steps from downtown restaurants, shops, cultural attractions, Fisherman's Wharf, and Del Monte Beach.
  • Versatile property: Suitable for professional office, residential living, or a home‑office blend.
  • Finished basement: Provides valuable flex space and storage.
  • Modern Kitchenette and Full Bathroom: Offers immediate functionality for various uses.
  • Attached single‑car garage and private parking: Provides convenient and secure parking options.
Updated: Jan 5
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Monterey Fourplex with ADU Potential
$1,750,000
3,436 SF

Monterey Fourplex with ADU Potential

830 Parcel St, Monterey, CA 93940

Fourplex in New Monterey with approved ADU plans.

  • Located above the iconic Monterey Bay.
  • Prime location in New Monterey near Cannery Row, Pacific Grove, and the DLI.
  • Each unit is a spacious 2‑story townhouse with tasteful upgrades.
  • Fantastic rent roll with room for growth.
  • Approved plans for an additional 2‑bed accessory dwelling unit.
Updated: Dec 1, 2025
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Prime Monterey Multifamily Investment
$2,800,000
5,033 SF

Prime Monterey Multifamily Investment

Iconic Monterey apartment building, downtown location.

942 Munras Ave, Monterey, CA 93940
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Based on your search, we've compiled 272 Potential Opportunities for your consideration. Besides 3 Active listings in Monterey, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 264 Off-Market properties to explore as potential leads, plus 1 Land Listings that present a potential for development.

Explore Opportunities in Nearby Cities

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

Pacific Grove Fourplex with ADU Potential
$2,480,000
3,737 SF

Pacific Grove Fourplex with ADU Potential

Rare Pacific Grove fourplex with value-add ADU plan.

618 Forest Ave, Pacific Grove, CA 93950
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Spacious Duplex Near Lovers Point
$1,745,000

Spacious Duplex Near Lovers Point

Duplex with updated units, close to Lovers Point Beach.

206 Cypress Ave, Pacific Grove, CA 93950
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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 93923
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Carmel Retail Ground Lease Opportunity
$1,050,000

Carmel Retail Ground Lease Opportunity

Ground lease with improvements for sale in downtown Carmel.

Mission St, Carmel, CA 93923
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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Monterey Corner Lot with Plans
$1,200,000
0.12 Acres

Monterey Corner Lot with Plans

Corner lot with plans for six residential units.

400 Tyler St, Monterey, CA 93940
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Explore Off-Market Properties in Monterey, CA

Consider similar Off-Market properties in Monterey, 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.

500 David Ave

500 David Ave

APARTMENT HOUSE (5+ UNITS) • 6,176 SF
Value Estimation by Request
500 David Ave, Monterey, CA 93940-1119
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340 Ramona Ave

340 Ramona Ave

APARTMENT HOUSE (100+ UNITS) • 0.93 Acres
Value Estimation by Request
340 Ramona Ave, Monterey, CA 93940-3814
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480 Watson St

480 Watson St

APARTMENT HOUSE (5+ UNITS) • 3,507 SF
Value Estimation
$350,000
480 Watson St, Monterey, CA 93940-2244
View details
484 Spencer St

484 Spencer St

APARTMENT HOUSE (5+ UNITS) • 6,299 SF
Value Estimation
$325,000
484 Spencer St, Monterey, CA 93940-1755
View details
420 Ramona Ave

420 Ramona Ave

APARTMENT HOUSE (100+ UNITS) • 19,704 SF
Value Estimation by Request
420 Ramona Ave, Monterey, CA 93940
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456 Sloat Ave

456 Sloat Ave

APARTMENT HOUSE (5+ UNITS) • 4,096 SF
Value Estimation
$335,000
456 Sloat Ave, Monterey, CA 93940-3534
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399 Dickman Ave

399 Dickman Ave

APARTMENT HOUSE (5+ UNITS) • 5,015 SF
Value Estimation
$360,000
399 Dickman Ave, Monterey, CA 93940-1867
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750 Hawthorne St

750 Hawthorne St

APARTMENT HOUSE (5+ UNITS) • 5,130 SF
Value Estimation
$390,000
750 Hawthorne St, Monterey, CA 93940-1145
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580 Jefferson St

580 Jefferson St

APARTMENT HOUSE (5+ UNITS) • 2,275 SF
Value Estimation
$310,000
580 Jefferson St, Monterey, CA 93940-2630
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1172 1st St

1172 1st St

APARTMENT HOUSE (5+ UNITS) • 8,364 SF
Value Estimation
$3,560,000
1172 1st St, Monterey, CA 93940-3359
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492 Van Buren St

492 Van Buren St

APARTMENT HOUSE (5+ UNITS) • 7,529 SF
Value Estimation
$1,280,000
492 Van Buren St, Monterey, CA 93940-2655
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308 Van Buren St

308 Van Buren St

APARTMENT HOUSE (5+ UNITS) • 1,250 SF
Value Estimation
$345,000
308 Van Buren St, Monterey, CA 93940-2376
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330 Laine St

330 Laine St

APARTMENT HOUSE (5+ UNITS) • 3,196 SF
Value Estimation by Request
330 Laine St, Monterey, CA 93940-1866
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675 Jefferson St

675 Jefferson St

APARTMENT HOUSE (5+ UNITS) • 7,278 SF
Value Estimation by Request
675 Jefferson St, Monterey, CA 93940-2639
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350 Ramona Ave

350 Ramona Ave

APARTMENT HOUSE (100+ UNITS) • 0.27 Acres
Value Estimation
$320,000
350 Ramona Ave, Monterey, CA 93940-3867
View details
701 Spencer St

701 Spencer St

APARTMENT HOUSE (5+ UNITS) • 1,817 SF
Value Estimation
$350,000
701 Spencer St, Monterey, CA 93940-1237
View details
800 Casanova Ave, Unit 806

800 Casanova Ave, Unit 806

APARTMENT HOUSE (100+ UNITS) • 2.00 Acres
Value Estimation
$15,580,000
800 Casanova Ave, Monterey, CA 93940-6875
View details
212 Belden St

212 Belden St

APARTMENT HOUSE (5+ UNITS) • 825 SF
Value Estimation
$325,000
212 Belden St, Monterey, CA 93940-1842
View details
352 Dela Vina Ave

352 Dela Vina Ave

APARTMENT HOUSE (5+ UNITS) • 6,566 SF
Value Estimation by Request
352 Dela Vina Ave, Monterey, CA 93940-3970
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257 Van Buren St

257 Van Buren St

APARTMENT HOUSE (5+ UNITS) • 2,796 SF
Value Estimation by Request
257 Van Buren St, Monterey, CA 93940-2362
View details
504 Van Buren St

504 Van Buren St

APARTMENT HOUSE (5+ UNITS) • 4,066 SF
Value Estimation
$390,000
504 Van Buren St, Monterey, CA 93940-2626
View details

Monterey, CA Residential Income Properties Investment Opportunities Market Analysis

Explore 267 residential income properties for sale in Monterey, CA, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 1,491,456 square feet of properties for sale, with an estimated market value of $130,970,000.

Prices for residential income properties in Monterey, CA start at $180,000, averaging $1,064,796, and reaching up to $14,145,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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