870 Alice Street Monterey, CA ^$ 2,300,000

870 Alice Street

^$ 2,300,000

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Open House 10/24 1pm - 3pm

870 Alice Street

Monterey, CA, 93940

^$ 2,300,000

Bedrooms-- Baths-- Sq 3,500

Monthly Estimate*

^$ 15,886

Listed by Mae Lamb, Mae Lamb, Broker, maewestcoast@gmail.com

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Commercial Property for sale in Monterey, CA

for $2,300,000. This 3,500 square foot building was built in 1964 on a lot size of 0.2296.

Attractive Seller Financing Option!-Welcome to Whispering Oaks, an enchanting collection of 7 stand alone cottages, ranging in size from approximately 300 to 450 square feet, nestled on an oversized 10,000-square-foot lot beneath the beautiful whispering oaks of New Monterey. City may permit up to 15 units with water credits if available. Confirm unit measurement's via Inspection's and or your own investigations. Just minutes from the Monterey Bay Aquarium, Cannery Row, and the beach, this charming cottage community offers both on-street and off-street parking, an on-site coin-operated laundry room, and garage storage. Wander through the enchanted gardens, where separate sitting areas tucked beneath the whispering oaks create peaceful spaces to relax and enjoy the natural surroundings. Whispering Oaks offers a rare opportunity to own a truly special and charming piece of Monterey.

Open House

10/24/2026 1:00 PM - 3:00 PM

10/25/2026 1:00 PM - 3:00 PM

870 Alice Street Monterey, CA

* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm

Commercial Contingent

Price

^$ 2,300,000

Property Type

Commercial

Taxes

^$ 12,000

Style

Lot Size

0.2296

Year Built

1964

Town/City

Monterey

County/Region

Monterey

MLS | Web ID

ML82058607

Days on Market

Features

General

Heating Wall Furnace

Roof Composition

Zoning Multi-Family

HOA Fee 0

Year Built 1964

County Monterey

Insurance Expense 2470

Property Type Commercial Sale

MaintenanceExpense 5000

Special Listing Conditions Standard

Status Active Under Contract

Directions Cross Street: Withers Avenue

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 12000

Trash Expense 0

Standard Status Active Under Contract

Occupancy Type Tenant

Year Built Source Assessor

Interior

Air Conditioning Y/N true

Heating Y/N true

Total Baths 0

Exterior

Lot Features Level

Water Source Public

Total Parking -2

Lot Size Area 10000

Number of Buildings 7

Building Area Total 3500

Lot Size Acres 0.2296

Lot Size Source Assessor

* Excluded Features

List By

Mae Lamb

Listing Agent

Mae Lamb, Broker

Broker

maewestcoast@gmail.com

Affordability Calculator

$16,886

Per Month

Monthly Principal & Interest: $15,886
Monthly Property Taxes: $1,000
Monthly Home Insurance: --

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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

Trends
Schools

Commerical listings in Monterey, CA

Average List Price ^$3,037,500

Percent of Sale Price 32%

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.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
8/21/2026	$2,300,000		Listed Price

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870 Alice Street, Monterey, CA, 93940 is a Commercial Property for sale at $2,300,000 with 3,500 sqft and a lot size of 0.2296. 870 Alice Street was built in 1964. 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 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.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 10/22/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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870 Alice Street

Commercial Property for sale in Monterey, CA

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