883 Lighthouse Avenue Monterey, CA $ 1,500,000
883 Lighthouse Avenue
$ 1,500,000
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883 Lighthouse Avenue

Monterey, CA, 93940
$ 1,500,000
Baths0.0 Sq 2,633

Monthly Estimate*

$ 9,236

Listed by KW Coastal Estates
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View a Virtual Tour
Studio

Single Family Home for sale in Monterey, CA

for $1,500,000. This 2,633 square foot home was built in 1966 on a lot size of 0.1102.

Rare opportunity to own a 4-unit mixed-use commercial and residential property in the heart of Monterey, just blocks from the Monterey Bay Aquarium, Cannery Row, and the waterfront. Two street-facing commercial units front busy Lighthouse Avenue, offering excellent visibility and foot traffic. The property also includes two residential units: a 2BD/1BA apartment above the commercial spaces with deck and off-street parking, and a detached 1BD/1BA apartment at the rear of the lot. Ideal for investors or owner-users seeking diversified income in a premier Monterey location.

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Single Family Active

Price

$ 1,500,000

Bedrooms

Studio

Property Type

Single Family

Taxes

$ 6,000

Style

Lot Size

0.1102

Year Built

1966

Town/City

Monterey

County/Region

Monterey

MLS | Web ID

ML82032663

Days on Market

51

Features
General
Living Area 2633
Sewer PublicSewer
Heating WallFurnace
Cooling None
Possession CloseOfEscrow
Roof Composition Fiberglass Other
Appliances GasCooktop
Zoning Comm
Garage Spaces 0
Year Built 1966
Property Subtype Duplex
Accessibility None
County Monterey
Insurance Expense 3000
Property Type ResidentialIncome
HOA false
MaintenanceExpense 1000
Garage Y/N false
Special Listing Conditions Standard
Status Active
Directions Cross Street: David Ave
City Monterey
High School District Other
MLS Area 699 - Not Defined
Lot Size Units SquareFeet
Lot Size Square Feet 4800
Carport Spaces 0
Tax Annual Amount 6000
Trash Expense 0
Virtual Tour https://sites.lenstate.com/883-Lighthouse-Ave/idx https://sites.lenstate.com/883-Lighthouse-Ave
Standard Status Active
Occupancy Type Tenant
Year Built Source Assessor
Property Sub Type Additional Duplex
Cap Rate 4.69
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Interior
Flooring Laminate Tile
Total Stories 2
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
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Exterior
Parking Features OffStreet
Lot Features Level
Total Parking 4
Lot Size Area 4800
Number of Buildings 2
Building Area Total 2633
Lot Size Acres 0.1102
Lot Size Source Assessor
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* Excluded Features
List By
Kw Coastal Estates

Broker

mark.bruno@mphtre.com

Email

Affordability Calculator

$9,736
Per Month
95%
5%
0%
Monthly Principal & Interest
$9,236
Monthly Property Taxes
$500
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/30/2026$1,500,000 Listed Price

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883 Lighthouse Avenue, Monterey, CA, 93940 is a Single Family Home for sale at $1,500,000 with 2,633 sqft and a lot size of 0.1102. 883 Lighthouse Avenue is a studio with 0.0 baths and was built in 1966. The property's zip code is 93940 which is in Monterey, CA