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    Monterey, CA Residential Income Properties for Sale

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    Pacific Grove, CA Seaside, CA Pebble Beach, CA
    8 results
    Mixed-Use Retail and Apartments
    $1,500,000
    2,633 SF
    Mixed-Use Retail and Apartments

    883 Lighthouse AVE, Monterey, CA 93940

    Four-unit property combines two street-facing storefronts with two residential units, offering a diversified income setup.
    • 4‑unit mixed‑use property with two street‑facing commercial units and two residential units
    • Two commercial units front Lighthouse Avenue
    • Year built: 1966
    • Residential unit mix: one 2BD/1BA apartment above the commercial spaces plus a detached rear 1BD/1BA
    • 2BD/1BA apartment includes a deck and off‑street parking
    Updated: May 4
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    Fourplex with Planned Accessory Unit
    $1,650,000
    3,436 SF
    Fourplex with Planned Accessory Unit

    830 Parcel ST, Monterey, CA 93940

    Four-unit townhouse-style property with plans for an additional 2-bedroom accessory dwelling unit under R1 zoning.
    • 4‑plex built in 1969
    • Plans for an additional 2‑bed accessory dwelling unit (ADU)
    • Each unit is a 2‑story townhouse
    • Public water source
    • Wall furnace heating
    Updated: Jun 1
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    4-Unit Mixed-Use Property
    $1,500,000
    0.11 Acres
    4-Unit Mixed-Use Property

    Four-unit mixed-use building with two street-facing commercial spaces and two residential apartments, including a deck and parking.

    883 Lighthouse AVE, Monterey, CA 93940

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    Monterey Mixed-Use Income Property
    $1,500,000
    Monterey Mixed-Use Income Property

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

    883 Lighthouse Ave, Monterey, CA 93940

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    Monterey Triplex in Prime Location
    $1,500,000
    Monterey Triplex in Prime Location

    Well-maintained triplex near downtown Monterey, ideal for rental income.

    1113 Mcclellan Ave, Monterey, CA 93940

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    New Monterey Fourplex Investment Opportunity
    $1,650,000
    New Monterey Fourplex Investment Opportunity

    Fourplex with plans for an additional dwelling unit in Monterey.

    830 Parcel St, Monterey, CA 93940

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    Monterey Triplex Near Beach
    $1,995,000
    Monterey Triplex Near Beach

    Three-unit residential property near the beach and Navy school.

    1150 Eighth St, Monterey, CA 93940

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    Unique Monterey Multifamily Property
    $2,350,000
    5,033 SF
    Unique Monterey Multifamily Property

    Two multifamily properties offered together in Monterey, California.

    942 Munras Ave, Monterey, CA 93940

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    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 8 Active listings in Monterey, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 64 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Coastal Duplex with Wrap-Around Decks
    $1,225,000
    1,680 SF
    Coastal Duplex with Wrap-Around Decks

    Two 2-bedroom, 1-bath residences with ocean views, wrap-around decks, and private garages on an R2 lot.

    301 7th ST, Pacific Grove, CA 93950

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    Seaside Fourplex Investment Opportunity
    $2,400,000
    Seaside Fourplex Investment Opportunity

    Well-maintained fourplex with modern units and value-add potential.

    987 Harcourt Ave, Seaside, CA 93955

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    Seaside Mixed-Use Investment Opportunity
    $2,850,000
    8,577 SF
    Seaside Mixed-Use Investment Opportunity

    Mixed-use building with commercial and residential units in Seaside, CA.

    1725 Fremont Blvd, Seaside, CA

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    Mixed-Use Income Property
    $2,988,000
    8,402 SF
    Mixed-Use Income Property

    Mixed retail and residential income with strong nearby grocery anchors and measured traffic counts.

    1157 Forest Avenue, Pacific Grove, CA 93950

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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.

    Residential Land with Approved Plans
    $1,599,999
    0.45 Acres
    Residential Land with Approved Plans

    Build a single-level main residence plus an attached garage and private ADU on a permitted parcel in Pebble Beach.

    2901 Bird Rock RD, Pebble Beach, CA 93953

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    Flat Residential Development Lot
    $1,595,000
    0.26 Acres
    Flat Residential Development Lot

    Flat lot with water entitlements near ocean access for a custom home build.

    3118 Bird Rock RD, Pebble Beach, CA 93953

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    Expansive Estate Parcel in Monterra
    $5,200,000
    114.43 Acres
    Expansive Estate Parcel in Monterra

    114-acre estate parcel with potential for multiple residences.

    2 Monterra Ranch, Monterey, CA 93940

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    3.3 Acre View Lot
    $1,200,000
    3.32 Acres
    3.3 Acre View Lot

    3.3 acre lot with views near Monterey and Carmel.

    7567 Paseo Vista, Monterey, CA 93940

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    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.

    750 Hawthorne St
    APARTMENT HOUSE (5+ UNITS)
    5,130 SF Lot: 0.14 Acres
    Estimated value
    $835,000

    750 Hawthorne St, Monterey, CA 93940-1145

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    1128 5th St
    APARTMENT HOUSE (5+ UNITS)
    2,142 SF Lot: 0.13 Acres
    Estimated value
    $995,000

    1128 5th St, Monterey, CA 93940-3507

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    463 Watson St
    APARTMENT HOUSE (5+ UNITS)
    1,968 SF
    Value Estimation by Request

    463 Watson St, Monterey, CA 93940-2209

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    910 Wainwright St
    APARTMENT HOUSE (5+ UNITS)
    6,212 SF Lot: 0.22 Acres
    Value Estimation by Request

    910 Wainwright St, Monterey, CA 93940-2165

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    872 Laine St
    APARTMENT HOUSE (5+ UNITS)
    1,344 SF Lot: 0.28 Acres
    Estimated value
    $2,455,000

    872 Laine St, Monterey, CA 93940-1133

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    466 Ramona Ave
    APARTMENT HOUSE (5+ UNITS)
    Lot: 0.50 Acres
    Estimated value
    $3,085,000

    466 Ramona Ave, Monterey, CA 93940-4002

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    803 Hawthorne St
    APARTMENT HOUSE (5+ UNITS)
    4,793 SF Lot: 0.14 Acres
    Estimated value
    $775,000

    803 Hawthorne St, Monterey, CA 93940-1122

    View details
    570 Ocean Ave
    APARTMENT HOUSE (100+ UNITS)
    13,493 SF Lot: 0.53 Acres
    Estimated value
    $4,885,000

    570 Ocean Ave, Monterey, CA 93940-3565

    View details
    429 Larkin St
    APARTMENT HOUSE (5+ UNITS)
    1,222 SF Lot: 0.21 Acres
    Value Estimation by Request

    429 Larkin St, Monterey, CA 93940-2607

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    1705 Withers Ave
    APARTMENT HOUSE (5+ UNITS)
    12,428 SF Lot: 0.46 Acres
    Estimated value
    $2,575,000

    1705 Withers Ave, Monterey, CA 93940-1567

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    832 Franklin St
    APARTMENT HOUSE (5+ UNITS)
    1,171 SF Lot: 0.22 Acres
    Value Estimation by Request

    832 Franklin St, Monterey, CA 93940-2298

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    301 Casa Verde Way
    APARTMENT HOUSE (5+ UNITS)
    895 SF Lot: 0.20 Acres
    Value Estimation by Request

    301 Casa Verde Way, Monterey, CA 93940-3703

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    1193 9th St
    APARTMENT HOUSE (5+ UNITS)
    1,980 SF
    Value Estimation by Request

    1193 9th St, Monterey, CA 93940-3607

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    469 Larkin St
    APARTMENT HOUSE (5+ UNITS)
    948 SF Lot: 0.17 Acres
    Estimated value
    $1,000,000

    469 Larkin St, Monterey, CA 93940-2600

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    399 Hawthorne St
    APARTMENT HOUSE (5+ UNITS)
    Lot: 0.12 Acres
    Value Estimation by Request

    399 Hawthorne St, Monterey, CA 93940-1839

    View details
    31 Monte Vis Dr
    APARTMENT HOUSE (5+ UNITS)
    6,624 SF Lot: 0.20 Acres
    Estimated value
    $880,000

    31 Monte Vis Dr, Monterey, CA 93940-6060

    View details

    Monterey, CA Residential Income Properties Investment Opportunities Market Analysis

    Explore 72 residential income properties for sale in Monterey, CA, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 11,102 square feet of properties for sale, with an estimated market value of $5,500,000.

    Sale prices for residential income properties in Monterey, CA start at $1,500,000, averaging $1,833,333, 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.

    List
    Map

    Top Commercial Asset Segments

    Multifamily properties 6
    Quadplexes 2
    Triplexes 2

    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 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 $1.8M

    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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