851 Lyndon Street Monterey, CA $ 1,499,000
851 Lyndon Street
$ 1,499,000
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851 Lyndon Street

Monterey, CA, 93940
$ 1,499,000
Bedrooms-- Baths0.0 Sq 1,926

Monthly Estimate*

$ 10,353

Listed by Hap Albers, Albers Real Estate Investment Company, hap@albersrealestate.com
851 Lyndon Street, Monterey, CA 93940 - Image 1
851 Lyndon Street, Monterey, CA 93940 - Image 2
851 Lyndon Street, Monterey, CA 93940 - Image 3
851 Lyndon Street, Monterey, CA 93940 - Image 4
851 Lyndon Street, Monterey, CA 93940 - Image 5
851 Lyndon Street, Monterey, CA 93940 - Image 6
851 Lyndon Street, Monterey, CA 93940 - Image 7
851 Lyndon Street, Monterey, CA 93940 - Image 8
851 Lyndon Street, Monterey, CA 93940 - Image 9
851 Lyndon Street, Monterey, CA 93940 - Image 10
851 Lyndon Street, Monterey, CA 93940 - Image 11
851 Lyndon Street, Monterey, CA 93940 - Image 12

Multi-Family Home for sale in Monterey, CA

for $1,499,000. This 1,926 square foot home was built in 1963 on a lot size of 0.1148.

New Monterey Triplex with ocean views. Great opportunity to owner-occupy a unit with rent to offset the ownership costs. The property has two structures: the front unit is a 708 sq. ft. free-standing two-bedroom/one-bathroom with a private wraparound deck facing the ocean. The rear building is a duplex with a one-bedroom /one-bathroom 544 sq. ft. apartment and a 674 sq. ft. two-bedroom / one-bathroom apartment. The property owner has performed extensive repairs and upgrades to the property, including: electric panel replacement, copper water lines, vinyl windows, Hunter Douglas window blinds, leaf gutters, Units B & C remodeled, sewer line replacement, and a pest fumigation using orange oil. Unit A will be vacating in November 2026. The location is very close to the ocean, downtown PG, Cannery Row, upper PG shopping with Trader Joe's, banks, restaurants, and it is also close to the Montage main hospital campus. Easy access to Highway 68 & 1. The property has three carports, one garage, and an onsite laundry facility.

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Multi-Family Active

Price

$ 1,499,000

Property Type

Multi-Family

Taxes

$ 16,550

Style

Lot Size

0.1148

Year Built

1963

Town/City

Monterey

County/Region

Monterey

MLS | Web ID

ML82064764

Days on Market

7

Features
General
Living Area 1926
Heating Wall Furnace
Cooling None
Possession Close Of Escrow
Roof Composition
Zoning Medium Density Residentia
Garage Spaces 1
Year Built 1963
View City Lights Ocean
Property Subtype Triplex
Accessibility None
County Monterey
Insurance Expense 3275
Property Type Residential Income
HOA false
MaintenanceExpense 3000
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions Cross Street: David Avenue
High School Monterey
City Monterey
Disclosures Rent Control
High School District Other
MLS Area 699 - Not Defined
Lot Size Units Square Feet
Lot Size Square Feet 5000
Carport Spaces 3
Carport Y/N true
Tax Annual Amount 16550
Middle/Junior High School Other
Trash Expense 936
Rent Control Y/N true
Standard Status Active
Occupancy Type Tenant
Year Built Source Assessor
Property Sub Type Additional Triplex
Cap Rate 2.67
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Interior
Total Stories 1
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
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Exterior
Parking Features Off Street
Total Parking 3
Lot Size Area 5000
Foundation Details Concrete Perimeter
Number of Buildings 2
Building Area Total 1926
Lot Size Acres 0.1148
Lot Size Source Assessor
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* Excluded Features
List By
Hap Albers

Listing Agent

Albers Real Estate Investment Company

Broker

hap@albersrealestate.com

Email

Affordability Calculator

$11,732
Per Month
88%
12%
0%
Monthly Principal & Interest
$10,353
Monthly Property Taxes
$1,379
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
4508256 Elementary School
0 Middle School
Monterey High School High School
Pricing History
DatePricePrice ChangeDescription
10/16/2026$1,499,000 Listed Price

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851 Lyndon Street, Monterey, CA, 93940 is a Multi-Family Home for sale at $1,499,000 with 1,926 sqft and a lot size of 0.1148. 851 Lyndon Street has 0.0 baths and was built in 1963. The property's zip code is 93940 which is in Monterey, CA