504 Ocean Avenue 2
Monterey, CA, 93940 $ 849,000
Bedrooms2 Baths2.0 Sq 1,178 Monthly Estimate*
$ 5,227
for $849,000 with 2 bedrooms and 2 full baths. This 1,178 square foot condo was built in 1981 on a lot size of 0.2251.
New, new, new! Complete upscale remodel, truly turnkey. 2 beds, 2 baths. Must purchase with lease. Great investment! Has just been leased for 18 months at $4200- monthly June 20-December 2027. New condo roof in 2024, new kitchen with quartz island, new appliances, new baths, luxury vinyl flooring throughout, new water heater, air conditioner, drywall, insulation, plumbing, electrical, paint, fireplace with birch log insert, freshly sealed windows, in unit washer-dryer, lots of storage. Siding and decks scheduled for repair this summer. One block to NPS, five blocks to the beach, wharf, MPC and town. Excellent rental income. 10x10 locked storage room, 2 spaces in garage, and 2 street permits.
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FeaturesGeneralLiving Area 1178
Sewer Public Sewer
Heating Forced Air
Cooling None
Roof Tar/Gravel
Zoning Resi
HOA Fee 450
Garage Spaces 2
Association Fee Includes Common Area Maint Exterior Maintenance Management Fee
Architectural Style Traditional
Year Built 1981
View Mountain(s)
Stories Count 2
Levels Two Story
Unit Number 2
Property Subtype Condominium
Assoc Fee Paid Per Monthly
County Monterey
Property Type Residential
HOA true
Garage Y/N true
Full Baths 2
Status Active
City Monterey
High School District Monterey Peninsula Unified
MLS Area Listing
Lot Size Square Feet 9804
Standard Status Active
Elementary School District Monterey Peninsula Unified
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InteriorTotal Fireplaces 1
Fireplace Features Living Room
Air Conditioning Y/N false
Heating Y/N true
Fireplace Y/N true
Total Bedrooms 2
Kitchen Features Kitchen Island
Total Baths 2
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ExteriorLot Size Area 9805.356
Building Area Total 1178
Lot Size Acres 0.2251
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* Excluded FeaturesList ByKirsten TarmanListing Agent
Sotheby's International RealtyBroker
Affordability Calculator
- Monthly Principal & Interest
- $5,227
- Monthly Property Taxes
- --
- 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.
Learn more about how to save NearbyCondo listings in Monterey, CA
Average List Price $750,109
Percent of Sale Price 12%
About Monterey, CA 29,815 Population
2% Since 2002
$ 74,167 Median Income
38.42 Median Age
20% Households with Children
Trends Information provided by ATTOM Data Solutions.
4399484 Elementary School
0 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 4/19/2026 | $849,000 | -5.56% | Price Down |
| 3/19/2026 | $899,000 | | Listed Price |