700 David Avenue Monterey, CA $ 1,600,000
700 David Avenue
$ 1,600,000
Recently Listed
Share Save

700 David Avenue

Monterey, CA, 93940
$ 1,600,000
Baths0.0 Sq 2,235

Monthly Estimate*

$ 9,851

Listed by Coldwell Banker Realty
700 David Avenue, Monterey, CA 93940 - Image 1
700 David Avenue, Monterey, CA 93940 - Image 2
700 David Avenue, Monterey, CA 93940 - Image 3
700 David Avenue, Monterey, CA 93940 - Image 4
700 David Avenue, Monterey, CA 93940 - Image 5
700 David Avenue, Monterey, CA 93940 - Image 6
700 David Avenue, Monterey, CA 93940 - Image 7
700 David Avenue, Monterey, CA 93940 - Image 8
700 David Avenue, Monterey, CA 93940 - Image 9
700 David Avenue, Monterey, CA 93940 - Image 10
700 David Avenue, Monterey, CA 93940 - Image 11
700 David Avenue, Monterey, CA 93940 - Image 12
700 David Avenue, Monterey, CA 93940 - Image 13
700 David Avenue, Monterey, CA 93940 - Image 14
700 David Avenue, Monterey, CA 93940 - Image 15
Studio

Multi-Family Home for sale in Monterey, CA

for $1,600,000. This 2,235 square foot home was built in 1987 on a lot size of 0.14.

Ideally located on a large corner lot just blocks from the bay, Cannery Row, Monterey Bay Aquarium, restaurants, shopping, the scenic recreation trail, public transportation and more. Built by the current owner's family in 1987, this is the first time this property has been on the market. The foundation of the building is a reinforced concrete carport with 5+ parking spaces and storage for each unit. The apartments are on the second level, taking advantage of the bay views. This fully occupied fourplex has a strong rental history making it an excellent investment and key asset for your portfolio.

See more

Multi-Family Active

Price

$ 1,600,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 17,600

Style

Lot Size

0.14

Year Built

1987

Town/City

Monterey

County/Region

Monterey

MLS | Web ID

ML82043619

Days on Market

2

Features
General
Living Area 2235
Sewer Public Sewer
Heating Electric
Cooling None
Roof Composition
Appliances Dishwasher Electric Cooktop Electric Oven Disposal Refrigerator
Zoning R-3-5
Garage Spaces 0
Architectural Style Contemporary
Security Features Security Lights
Construction Materials Concrete
Year Built 1987
View Bay City Lights Hills Mountain(s) Ocean
Property Subtype Quadruplex
Accessibility None
County Monterey
Insurance Expense 3511
Property Type Residential Income
HOA false
MaintenanceExpense 390
Garage Y/N false
Special Listing Conditions Standard
Status Active
Directions Corner of David and Spencer Cross Street: Spencer
City Monterey
High School District Other
MLS Area 699 - Not Defined
Lot Size Units Square Feet
Lot Size Square Feet 6098
Carport Spaces 5
Carport Y/N true
Tax Annual Amount 17600
Trash Expense 150
Standard Status Active
Occupancy Type Tenant
Year Built Source Assessor
Property Sub Type Additional Quadruplex
Cap Rate 4.13
See more
Interior
Flooring Carpet
Total Stories 2
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
See more
Exterior
Parking Features Carport Guest Off Site Off Street
Water Source Public
Total Parking 5
Lot Size Area 6098
Foundation Details Slab
Number of Buildings 1
Building Area Total 2235
Lot Size Acres 0.14
Lot Size Source Assessor
See more
* Excluded Features
List By
Coldwell Banker Realty

Broker

jeannieferrara@gmail.com

Email

Affordability Calculator

$11,318
Per Month
87%
13%
0%
Monthly Principal & Interest
$9,851
Monthly Property Taxes
$1,467
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

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/18/2026$1,600,000 Listed Price

Map


See all

700 David Avenue, Monterey, CA, 93940 is a Multi-Family Home for sale at $1,600,000 with 2,235 sqft and a lot size of 0.14. 700 David Avenue is a studio with 0.0 baths and was built in 1987. The property's zip code is 93940 which is in Monterey, CA