Commercial: MLS #ML82058850 Monterey, CA $ 1,500,000
Commercial: MLS #ML82058850
$ 1,500,000
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Commercial: MLS #ML82058850

Monterey, CA, 93940
$ 1,500,000
Bedrooms2 Baths-- Sq 2,681

Monthly Estimate*

$ 9,471

MLS #/Web ID: ML82058850 - Image 1
MLS #/Web ID: ML82058850 - Image 2
MLS #/Web ID: ML82058850 - Image 3

Commercial Property for sale in Monterey, CA

for $1,500,000 with 2 bedrooms. This 2,681 square foot building was built in 1955 on a lot size of 0.1389.

.Excellent investment opportunity in a centrally located Monterey neighborhood! This five-unit- apartment property is conveniently situated on Ramona Avenue, just off Fremont Street, with easy access to shopping, dining, transportation, and all that the Monterey Peninsula has to offer. All five units are approximately the same size and are currently occupied. Each unit was updated in 2018 each unit is 1 bd with 1 bath, fresh interior paint, remodeled kitchens, and updated flooring. The property also offers plenty of on-site parking for residents. A wonderful opportunity to own a fully occupied five-unit investment property in a desirable and convenient Monterey location.

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Commercial Active

Price

$ 1,500,000

Bedrooms

2

Property Type

Commercial

Taxes

$ 0

Style

Other

Lot Size

0.1389

Year Built

1955

Town/City

Monterey

County/Region

Monterey

MLS | Web ID

ML82058850

Features
General
Living Area 2681
Heating Forced Air
Cooling None
Appliances Refrigerator
Zoning R-1
Year Built 1955
Property Subtype Other
County Monterey
Property Type Commercial Sale
HOA false
Garage Y/N false
Status Active
City Monterey
MLS Area Listing
Lot Size Square Feet 6050
Standard Status Active
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Interior
Interior Amenities Updated Baths
Flooring Laminate Tile
Air Conditioning Y/N false
Heating Y/N true
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Exterior
Parking Features Guest Parking Lot
Lot Size Area 6050
Building Area Total 2681
Lot Size Acres 0.1389
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* Excluded Features
List By
Vanessa Haven

Listing Agent

Redfin

Broker

vanessahaven@yahoo.com

Email

Affordability Calculator

$9,471
Per Month
100%
0%
0%
Monthly Principal & Interest
$9,471
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
0 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/1/2026$1,500,000 Listed Price

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