387 Ocean Avenue Monterey, CA ^$ 1,945,000

387 Ocean Avenue

^$ 1,945,000

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Recently Listed

387 Ocean Avenue

Monterey, CA, 93940

^$ 1,945,000

Studio Baths0.0 Sq 2,300

Monthly Estimate*

^$ 11,976

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Studio

Multi-Family Home for sale in Monterey, CA

for $1,945,000. This 2,300 square foot home was built in 1910 on a lot size of 0.0918.

Multi-Family Active

Price

^$ 1,945,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 0

Style

Duplex

Lot Size

0.0918

Year Built

1910

Town/City

Monterey

County/Region

Monterey

MLS | Web ID

ML82051226

Features

General

Living Area 2300

Heating Forced Air

Cooling No Air Conditioning

Roof Composition Shingles

Zoning R-3

Year Built 1910

Property Subtype Duplex

County Monterey

Property Type Residential Income

HOA false

Status Active

City Monterey

High School District Monterey Peninsula Unified

MLS Area Listing

Lot Size Square Feet 4000

Standard Status Active

Elementary School District Monterey Peninsula Unified

Interior

Air Conditioning Y/N true

Heating Y/N true

Exterior

Water Source Public

Lot Size Area 4000

Building Area Total 2300

Lot Size Acres 0.0918

* Excluded Features

List By

Nelson Vega

Listing Agent

Vega Investments Inc

Broker

nelsonvega@vegainvestments.com

Affordability Calculator

$11,976

Per Month

Monthly Principal & Interest: $11,976
Monthly Property Taxes: --
Monthly Home Insurance: --

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Loan Term

Interest Rate

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Yearly 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

Trends
Schools

Multi-family listings in Monterey, CA

Average List Price ^$2,002,182

Percent of Sale Price 3%

About Monterey, CA

29,815 Population

2% Since 2002

^$74,167 Median Income

38.42 Median Age

20% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4399484 Elementary School

0 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
6/16/2026	$1,945,000		Listed Price

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387 Ocean Avenue, Monterey, CA, 93940 is a Multi-Family Home for sale at $1,945,000 with 2,300 sqft and a lot size of 0.0918. 387 Ocean Avenue is a studio with 0.0 baths and was built in 1910. The property's zip code is 93940 which is in Monterey, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

Bay East ©2026. CCAR ©2026. bridgeMLS ©2026. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 06/22/2026 07:38 AM UTC

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387 Ocean Avenue

Multi-Family Home for sale in Monterey, CA

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