700 David Avenue Monterey, CA $ 1,600,000
700 David Avenue
$ 1,600,000
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700 David Avenue

Monterey, CA, 93940
$ 1,600,000
Bedrooms4 Baths0.0 Sq 2,235

Monthly Estimate*

$ 9,851

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Multi-Family Home for sale in Monterey, CA

for $1,600,000 with 4 bedrooms. 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.

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Multi-Family Active

Price

$ 1,600,000

Bedrooms

4

Property Type

Multi-Family

Taxes

$ 0

Style

Quadruplex

Lot Size

0.14

Year Built

1987

Town/City

Monterey

County/Region

Monterey

MLS | Web ID

ML82043619

Features
General
Living Area 2235
Sewer Public Sewer
Heating Electric
Cooling No Air Conditioning
Roof Composition Shingles
Zoning R-3-
Year Built 1987
View Bay City Lights Hills Mountain(s)
Property Subtype Quadruplex
County Monterey
Property Type Residential Income
HOA false
Status Active
Directions Corner of David and Spencer
City Monterey
High School District Monterey Peninsula Unified
MLS Area Listing
Lot Size Square Feet 6098
Standard Status Active
Elementary School District Monterey Peninsula Unified
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Interior
Air Conditioning Y/N true
Heating Y/N true
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Exterior
Water Source Public
Lot Size Area 6098
Building Area Total 2235
Lot Size Acres 0.14
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* Excluded Features
List By
Jeannie Ferrara

Listing Agent

Coldwell Banker Realty

Broker

jeannieferrara@gmail.com

Email

Affordability Calculator

$9,851
Per Month
100%
0%
0%
Monthly Principal & Interest
$9,851
Monthly Property Taxes
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Monthly Home Insurance
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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
4399484 Elementary School
0 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/18/2026$1,600,000 Listed Price

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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 has 4 bedrooms, 0.0 baths, and was built in 1987. The property's zip code is 93940 which is in Monterey, CA