1113 Mcclellan Avenue Monterey, CA $ 1,500,000
1113 Mcclellan Avenue
$ 1,500,000
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1113 Mcclellan Avenue

Monterey, CA, 93940
$ 1,500,000
Baths0.0 Sq 2,204

Monthly Estimate*

$ 9,236

Listed by Real Brokerage Technologies
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Studio

Multi-Family Home for sale in Monterey, CA

for $1,500,000. This 2,204 square foot home was built in 1958 on a lot size of 0.1385.

Rare opportunity to acquire a well-located triplex in the heart of New Monterey. This property features three single-level units with functional, well-designed layouts and attractive finishes that appeal to todays tenants. Ideally positioned within easy walking distance to Downtown Monterey, residents can enjoy quick access to shops, restaurants, and everyday conveniences. The beach, Cannery Row, Monterey Bay Aquarium, and other iconic Monterey amenities are just a short stroll away, making this an exceptionally desirable rental location. Close proximity to the Defense Language Institute, Middlebury Institute of International Studies, and Naval Postgraduate School creates consistent rental demand and contributes to a strong, healthy rent roll. The property has been well maintained and offers a turnkey investment with long-term upside in one of Montereys most sought-after neighborhoods. Offered for the first time on the market, this is a rare chance to own a legacy multifamily asset in a prime coastal location with proven income performance and excellent walkability.

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Multi-Family Active

Price

$ 1,500,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 2,164

Style

Lot Size

0.1385

Year Built

1958

Town/City

Monterey

County/Region

Monterey

MLS | Web ID

ML82033151

Days on Market

2

Features
General
Living Area 2204
Sewer Public Sewer
Roof Tile
Zoning R-2
Garage Spaces 3
Year Built 1958
Property Subtype Triplex
Accessibility None
County Monterey
Insurance Expense 1886
Property Type Residential Income
HOA false
MaintenanceExpense 1475
Garage Y/N true
Special Listing Conditions Standard
Status Active
City Monterey
High School District Other
MLS Area 699 - Not Defined
Lot Size Units Square Feet
Lot Size Square Feet 6033
Carport Spaces 0
Tax Annual Amount 2164
Trash Expense 262
Standard Status Active
Occupancy Type Tenant
Year Built Source Assessor
Property Sub Type Additional Triplex
Cap Rate 4.88
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Interior
Total Stories 1
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
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Exterior
Water Source Public
Total Parking 3
Lot Size Area 6033
Number of Buildings 3
Building Area Total 2204
Lot Size Acres 0.1385
Lot Size Source Assessor
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* Excluded Features
List By
Real Brokerage Technologies

Broker

team@realcgroup.com

Email

Affordability Calculator

$9,416
Per Month
98%
2%
0%
Monthly Principal & Interest
$9,236
Monthly Property Taxes
$180
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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1113 Mcclellan Avenue, Monterey, CA, 93940 is a Multi-Family Home for sale at $1,500,000 with 2,204 sqft and a lot size of 0.1385. 1113 Mcclellan Avenue is a studio with 0.0 baths and was built in 1958. The property's zip code is 93940 which is in Monterey, CA