2080 Withers Avenue Monterey, CA $ 4,700,000
2080 Withers Avenue
$ 4,700,000
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2080 Withers Avenue

Monterey, CA, 93940
$ 4,700,000
Bedrooms-- Baths-- Sq 7,576

Monthly Estimate*

$ 32,462

Listed by The C Group, Real Brokerage Technologies, team@realcgroup.com
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Commercial Property for sale in Monterey, CA

for $4,700,000. This 7,576 square foot building was built in 1964 on a lot size of 0.2296.

Exceptional turnkey investment opportunity featuring 12 fully remodeled units perched atop the hill in highly desirable New Monterey. Each unit has been thoughtfully updated with upgraded flooring, new kitchens, beautifully remodeled bathrooms, and new windows, providing a modern and attractive living environment for tenants. Every unit also includes a private garage, while select units offer beautiful ocean views. A secure gated entrance provides added privacy and peace of mind for residents. The property also presents significant ADU potential for investors looking to expand and maximize the property's future upside. Ideally located near the DLI entrance and within close proximity to New Monterey, Pacific Grove, and Pebble Beach, this property offers exceptional convenience and access to some of the Monterey Peninsula's most sought-after destinations. With its extensive renovations, private garages, gated setting, ocean views, desirable location, and potential for future expansion, this is a rare opportunity to acquire a one-of-a-kind investment in the highly desirable Monterey market.

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Commercial Active

Price

$ 4,700,000

Property Type

Commercial

Taxes

$ 51,700

Style

Lot Size

0.2296

Year Built

1964

Town/City

Monterey

County/Region

Monterey

MLS | Web ID

ML82063945

Days on Market

3

Features
General
Heating Wall Furnace
Cooling None
Roof Composition Shingle
Zoning R3
HOA Fee 0
Year Built 1964
County Monterey
Insurance Expense 8000
Property Type Commercial Sale
MaintenanceExpense 11284
Special Listing Conditions Standard
Status Active
City Monterey
High School District Other
MLS Area 699 - Not Defined
Lot Size Units Square Feet
Lot Size Square Feet 10000
Carport Spaces 0
Tax Annual Amount 51700
Trash Expense 0
Standard Status Active
Occupancy Type Tenant
Year Built Source Assessor
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Interior
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
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Exterior
Water Source Public
Total Parking 6
Lot Size Area 10000
Number of Buildings 1
Building Area Total 7576
Lot Size Acres 0.2296
Lot Size Source Assessor
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* Excluded Features
List By
The C Group

Listing Agent

Real Brokerage Technologies

Broker

team@realcgroup.com

Email

Affordability Calculator

$36,770
Per Month
88%
12%
0%
Monthly Principal & Interest
$32,462
Monthly Property Taxes
$4,308
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/8/2026$4,700,000 Listed Price

Map


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2080 Withers Avenue, Monterey, CA, 93940 is a Commercial Property for sale at $4,700,000 with 7,576 sqft and a lot size of 0.2296. 2080 Withers Avenue was built in 1964. The property's zip code is 93940 which is in Monterey, CA